patrick.net

Well, luckily, sashimi in the Bay Area is not bad at all.

I typically prefer my Veal free range, and beaten to death.

ramen and malt liquor

surfer-x

Did something similar stumbling home from Susukino once. Gotta love all those vending mahines with cans of malt liuor and bottles of scotch in them on the street corner. That was cool!

BTW -

it's almost like looking at the sun, it will burn your eyes out, so look away -

kind of like all the talk here about inflation, deflation, stagflation.

Look at Germany in the 1920s, kind of gives me an idea of one possible outcome to the current economic mess:

Asset destruction, dollar devaluation, deficits and debts requiring high rates to secure ANY kind of continued investment

=

hyperinflation.

The World Bank and the IMF are going to be the next President's best friends.....

Look at US in the Great Depression also - 25% unemployment, bottoming out of the consumer boom, total lack of consumer confidence, repossessions everywhere...

I do not like raw vegetables though.

ah, la crudité... that's actually best for you, no degradation of vitamins, antioxidants, etc... as long as you wash all the soil off first... maybe lightly steamed...

They’re actually trying to cull the population to reduce their environmental impact.

shouldn't have any trouble selling culled lamb on the market... 5 year old mutton is another story...

Okay, want to go back to wacky get rich quick schemes?

who, me? i was just reflecting on these when i came back to the site and hit F5, by a coincidence - how people like Kiyosaki imply that working for a living is for schmos, and you should always be looking out for scams and ways of getting rich quick... and how many people have tried taking the 'easy money' route of property, where you could make more in a single sale than all your life savings from waged work to date - no wonder it's tempting to many...

on the other hand, baudrillard suggests that all remuneration is just a 'gift', where the market decides how much to gift people for their efforts, or through other means, such as inheritances, scams, etc - I know what he's getting at - e.g. someone might be paid more just because the boss likes them, and it's hard to measure the real benefit of an MBA or a Congressman as often as not...

arf, insomnia.

DS,

You really got to take my phrasing a little less seriously. No one here is actually peddling a get rich quick scheme. I planned this thread as an educational + brainstorming thread. Then participated in degrading the thread into food and architecture. (sound familar?)

Kioyosaki is widely derided in the bubblehead community as a liar and a joke.

Also, there's nothing wrong with looking ahead for opportunities. I'm not rich enough to devote myself to altruistic deeds alone. However, if you can get me a million dollar grant for an organic farm, I'll be more than happy to give up my selfish existence and grow green leafy vegetables for war orphans.

ah, la crudité… that’s actually best for you, no degradation of vitamins, antioxidants, etc… as long as you wash all the soil off first… maybe lightly steamed…

I know... but somehow I cannot stand crispy veggies. Maybe lightly steamed (or poached in broth) then.

arf, insomnia.

Try brainwave entrainment.

You can download BrainWave Generator for free and it may help you arrive at certain states of consciousness.

http://www.bwgen.com/

Sometimes, I have really serious insomnia problems. They tend to come in streaks and I suspect that they are somehow related to planetary alignments. :-P

DS,

Also, this this

http://www.nybooks.com/articles/18910

on DailyKos

http://www.newyorker.com/talk/content/articles/060417ta_talk_hertzberg

On America's healthcare system

i just wrote some great repllies to the healthcare thing etc, and they are all lost in cyberspace :cry: can't be assed writing them again...

patrick needs to upgrade urgently!

"If I’m happy with rent of $1000/mo and salary is $50,000/yr then I should also be happy with rent of $2000/mo and salary of $100,000/yr, assuming everything else also doubles." - Randy H.

It's not that simple. New money favors its first recipients to the disadvantage of later ones. Incomes don't necessarily rise accordingly, and for people on fixed incomes, not at all. Inflation produced by the introduction of new money (monetary inflation) that doesn't replace worn money, can only do harm to an economy.

SL, let me give it a shot...

"I don’t understand the economy. How do you quantify “inflation”?"

Inflation used to refer simply to an increase in the supply of money that you usually experience through its consequence of increasing prices. Today the term is also used to describe the 'consequence' (rising prices), which is quite misleading. Many people distinguish the two by using the term 'monetary inflation' for the former and 'price inflation' for the latter; this is much clearer imo.

"I mean everyday prices on electronics drop (i.e. for the same $ you get better stuff the longer you wait) so is that deflation?"

The term deflation can also be used to describe a decrease in the money supply or a decrease in prices. Dropping prices is price deflation. Price deflation can be caused by monetary deflation. In the case of prices on electronics however, the decrease is more likely attributed to productivity gains rather than monetary deflation - manufacturers find cheaper ways of producing the electronics.

"If gas prices go up, is that inflation?
If home prices drop, is that deflation?"

If you measure inflation/deflation by measuring the supply of money (monetary inflation/deflation) then the answer is independent of such consequences as the price of any consumer good.

"If wages rise, is that inflation?"
"If the dollar devalues, is that inflation?"
"How the hell you figure this crap out?"

Well, if you increase the supply of money, eventually every dollar will buy less.

frank,

Thank you for that.