Posts Tagged ‘commodity’

Important You

Posted: February 3, 2019 in Thought for the Day
Tags: , , , ,

“The most important commodity to you is yourself.” -Red Steagall

“A new study by Microsoft found that the average person’s attention span has fallen to eight seconds.  Eight seconds. After that, people get bored or distracted.  This finding led Microsoft CEO Satya Nadella to comment that the scarcest commodity of the near future will be ‘human attention’.” -Alexander Green

“You can’t fake an economic recovery….  Instead of ‘stimulating’ a recovery, the feds have ‘simulated’ one.  They dropped the price of capital to near zero.  Commodity producers took the bait.  They borrowed money and increased production….  You can’t get real demand from empty credit.  Real demand comes from Main Street, not Wall Street.” -Bill Bonner