Posts Tagged ‘rise’

“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines…. Cultivate curiosity and strive to become a little wiser every day.” -Charlie Munger

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“The definition of inflation is simple. It’s a general¬†rise in the price level….¬† So you can…think about inflation not as a rise in prices, but as a change in the value of money. When the value of money changes, other things will rise or fall in price.

That’s the definition. Measuring inflation is much more complicated….

We’re concerned with general inflation as a monetary phenomenon. Health care and college prices will keep rising, we’re sure. But the cost of everything else rising is the true threat…” -David Eifrig

“‘One out of five cannot pay its monthly bills.’

What will happen to these people when interest rates rise and easy credit disappears?” -Bill Bonner