Now, when I think of inflation, I think of rubber balloons, and I’m going to ask you to do the same…The Balloon represents “Value.” The Air inside of it is Money. When we print more money, the value of money goes down, but the value of the balloon remains unchanged. It needs more money inside of it to remain the same. Take a breath and blow into the balloon. What happens? IT INFLATES.
Filed under: Finance/Economy, Politics by T. Edwin Perry
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The Unreal Universe A Book on Physics and Philosophy “For thinking laymen.” Allow me to tell you a story. In my mid-20’s, my wife & I were very much like other people in the country. We worked hard, we paid our bills, and we struggled. And then, we got credit cards. We started living above [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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