Posts Tagged ‘threat’

“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

Good Trade

Posted: February 27, 2018 in Thought for the Day
Tags: , , , , , ,

“There are only two ways to get what you want in life. Either you get it peacefully, offering something in trade. Or you take it by violence or the threat of violence.” -Bill Bonner