Inflation Related Quotes

The commandment, 'Love thy neighbour as thyself', is the strongest defence against human aggressiveness and an excellent example of the unpsychological [expectations] of the cultural super-ego. The commandment is impossible to fulfil; such an enormous inflation of love can only lower its value, not get rid of the difficulty. Civilization pays no attention to all this; it merely admonishes us that the harder it is to obey the precept the more meritorious it is to do so. But anyone who follows such a precept in present-day civilization only puts himself at a disadvantage vis-a-vis the person who disregards it. What a potent obstacle to civilization aggressiveness must be, if the defence against it can cause as much unhappiness as aggressiveness itself! 'Natural' ethics, as it is called, has nothing to offer here except the narcissistic satisfaction of being able to think oneself better than others. At this point the ethics based on religion introduces its promises of a better after-life. But so long as virtue is not rewarded here on earth, ethics will, I fancy, preach in vain. I too think it quite certain that a real change in the relations of human beings to possessions would be of more help in this direction than any ethical commands; but the recognition of this fact among socialists has been obscured and made useless for practical purposes by a fresh idealistic misconception of human nature.

Modernist manuals of writing often conflate story with conflict. This reductionism reflects a culture that inflates aggression and competition while cultivating ignorance of other behavioral options. No narrative of any complexity can be built on or reduced to a single element. Conflict is one kind of behavior. There are others, equally important in any human life, such as relating, finding, losing, bearing, discovering, parting, changing. Change is the universal aspect of all these sources of story. Story is something moving, something happening, something or somebody changing.

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth. Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become "profiteers," who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery. Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.

While researching this answer, I managed to lock up my copy of Mathematica several times on balloon-related differential equations, and subsequently got my IP address banned from Wolfram|Alpha for making too many requests. The ban-appeal form asked me to explain what task I was performing that necessitated so many queries. I wrote, “Calculating how many rental helium tanks you’d have to carry with you in order to inflate a balloon large enough to act as a parachute and slow your fall from a jet aircraft.” Sorry, Wolfram.

Kitsch. Can't think of Engl. trans. for this word. A copy that's so proud of how close it comes to the original that it believes there's more worth in this closeness than in originality itself. "It looks like...!" Imposture of feeling over actual emotion; sentimentality over sentiment. Kitsch can also be in the eye: "The sunset looks like a painting!" Because artifice is now the ultimate standard, the original (sunset) has to be turned into a fake (painting), so that the latter may provide the measure of the former's beauty. Kitsch is always a form of inverted Platonism, prizing imitation over archetype. And in every case, it's related to an inflation of aesthetic value, as seen in the worst kind of kitsch: "classy" kitsch. Solemn, ornamental, grand. Ostentatiously, arrogantly announcing its divorce from authenticity.

It is a mistake to think of the expatriate as someone who abdicates, who withdraws and humbles himself, resigned to his miseries, his outcast state. On a closer look, he turns out to be ambitious, aggressive in his disappointments, his very acrimony qualified by his belligerence. The more we are dispossessed, the more intense our appetites and illusions become. I even discern some relation between misfortune and megalomania. The man who has lost everything preserves as a last resort the hope of glory, or of literary scandal. He consents to abandon everything, except his name. [ . . . ] Let us say a man writes a novel which makes him, overnight, a celebrity. In it he recounts his sufferings. His compatriots in exile envy him: they too have suffered, perhaps more. And the man without a country becomes—or aspires to become—a novelist. The consequence: an accumulation of confusions, an inflation of horrors, of frissons that date. One cannot keep renewing Hell, whose very characteristic is monotony, or the face of exile either. Nothing in literature exasperates a reader so much as The Terrible; in life, it too is tainted with the obvious to rouse our interest. But our author persists; for the time being he buries his novel in a drawer and awaits his hour. The illusion of surprise, of a renown which eludes his grasp but on which he reckons, sustains him; he lives on unreality. Such, however, is the power of this illusion that if, for instance, he works in some factory, it is with the notion of being freed from it one day or another by a fame as sudden as it is inconceivable. * Equally tragic is the case of the poet. Walled up in his own language, he writes for his friends—for ten, for twenty persons at the most. His longing to be read is no less imperious than that of the impoverished novelist. At least he has the advantage over the latter of being able to get his verses published in the little émigré reviews which appear at the cost of almost indecent sacrifices and renunciations. Let us say such a man becomes—transforms himself—into an editor of such a review; to keep his publication alive he risks hunger, abstains from women, buries himself in a windowless room, imposes privations which confound and appall. Tuberculosis and masturbation, that is his fate. No matter how scanty the number of émigrés, they form groups, not to protect their interests but to get up subscriptions, to bleed each other white in order to publish their regrets, their cries, their echoless appeals. One cannot conceive of a more heart rending form of the gratuitous. That they are as good poets as they are bad prose writers is to be accounted for readily enough. Consider the literary production of any "minor" nation which has not been so childish as to make up a past for itself: the abundance of poetry is its most striking characteristic. Prose requires, for its development, a certain rigor, a differentiated social status, and a tradition: it is deliberate, constructed; poetry wells up: it is direct or else totally fabricated; the prerogative of cave men or aesthetes, it flourishes only on the near or far side of civilization, never at the center. Whereas prose demands a premeditated genius and a crystallized language, poetry is perfectly compatible with a barbarous genius and a formless language. To create a literature is to create a prose.

So, to do right by a Gothic tale, let's be frank, requires that the author be a militant romantic who relates the action of his narratives in dreamy and more than usually emotive language. Hence, the well-known grandiose rhetoric of the Gothic tale, which may be understood by the sympathetic reader as not just an inflatable raft on which the imagination floats at its leisure upon waves of bombast, but also as the sails of the Gothic artist's soul filling up with the winds of ecstatic hysteria. So it's hard to tell someone how to write the Gothic tale, since one really has to be born to the task. Too bad.

187. Is it a related form of aggrandizement, to inflate a heartbreak into a sort of allegory? Losing what one loves is simpler, more common, than that. More precise. One could leave it, too, as it is. -- Yet how can I explain, that every time I put a pin in the balloon of it, the balloon seems to swell back up as soon as I turn away from it?

Eddie Money and Johnny Cash are similar, but not related. The first is something real, and the latter will soon suffer from hyperinflation.

Even a relatively mild inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. When the inflation collapses, or is brought to a halt, the misdirected capital investment—whether in the form of machines, factories or office buildings—cannot yield an adequate return and loses the greater part of its value.

Of course, the problems of external default, domestic default, and inflation are all integrally related. A government that chooses to default on its debts can hardly be relied on to preserve the value of its country’s currency.

Even as the Blue Marble was miniaturizing your conception of Earth, it was inflating your sense of importance in relation to it, endowing you a godlike perspective and agency. The image caused, in other words, a derangement of scale, from which you people still suffer. As your anxiety about the disastrous effects of your behavior on the biosphere grows, you console yourself with the thought that by changing a light bulb or recycling a bottle or choosing paper instead of plastic, you can save the planet.

The history of black workers in the United States illustrates the point. As already noted, from the late nineteenth-century on through the middle of the twentieth century, the labor force participation rate of American blacks was slightly higher than that of American whites. In other words, blacks were just as employable at the wages they received as whites were at their very different wages. The minimum wage law changed that. Before federal minimum wage laws were instituted in the 1930s, the black unemployment rate was slightly lower than the white unemployment rate in 1930. But then followed the Davis-Bacon Act of 1931, the National Industrial Recovery Act of 1933 and the Fair Labor Standards Act of 1938—all of which imposed government-mandated minimum wages, either on a particular sector or more broadly. The National Labor Relations Act of 1935, which promoted unionization, also tended to price black workers out of jobs, in addition to union rules that kept blacks from jobs by barring them from union membership. The National Industrial Recovery Act raised wage rates in the Southern textile industry by 70 percent in just five months and its impact nationwide was estimated to have cost blacks half a million jobs. While this Act was later declared unconstitutional by the Supreme Court, the Fair Labor Standards Act of 1938 was upheld by the High Court and became the major force establishing a national minimum wage. As already noted, the inflation of the 1940s largely nullified the effect of the Fair Labor Standards Act, until it was amended in 1950 to raise minimum wages to a level that would have some actual effect on current wages. By 1954, black unemployment rates were double those of whites and have continued to be at that level or higher. Those particularly hard hit by the resulting unemployment have been black teenage males. Even though 1949—the year before a series of minimum wage escalations began—was a recession year, black teenage male unemployment that year was lower than it was to be at any time during the later boom years of the 1960s. The wide gap between the unemployment rates of black and white teenagers dates from the escalation of the minimum wage and the spread of its coverage in the 1950s. The usual explanations of high unemployment among black teenagers—inexperience, less education, lack of skills, racism—cannot explain their rising unemployment, since all these things were worse during the earlier period when black teenage unemployment was much lower. Taking the more normal year of 1948 as a basis for comparison, black male teenage unemployment then was less than half of what it would be at any time during the decade of the 1960s and less than one-third of what it would be in the 1970s. Unemployment among 16 and 17-year-old black males was no higher than among white males of the same age in 1948. It was only after a series of minimum wage escalations began that black male teenage unemployment not only skyrocketed but became more than double the unemployment rates among white male teenagers. In the early twenty-first century, the unemployment rate for black teenagers exceeded 30 percent. After the American economy turned down in the wake of the housing and financial crises, unemployment among black teenagers reached 40 percent.

Pride is a feeling of pleasure or celebration related to our accomplishments or efforts. Hubris is an inflated sense of one’s own innate abilities that is tied more to the need for dominance than to actual accomplishments. Humility is openness to new learning combined with a balanced and accurate assessment of our contributions, including our strengths, imperfections, and opportunities for growth. We really get this wrong.

It is ludicrous to believe that asset bubbles can only be recognized in hindsight,” he wrote. “There are specific identifiers that are entirely recognizable during the bubble’s inflation. One hallmark of mania is the rapid rise in the incidence and complexity of fraud…. The FBI reports mortgage-related fraud is up fivefold since 2000.” Bad behavior was no longer on the fringes of an otherwise sound economy; it was its central feature.

The answer, in short, is that the expectation that work will always be fulfilling can lead to suffering. Studies show that an “obsessive passion” for work leads to higher rates of burnout and work-related stress. Researchers have also found that lifestyles that revolve around work in countries like Japan are a key contributor to record-low fertility rates. And for young people in the United States, inflated expectations of professional success help explain record-high rates of depression and anxiety. Globally, more people die each year from symptoms related to overwork than from malaria.

There were, inevitably, children’s clothing stores, furniture shops still offering bedroom sets by layaway, and dollar stores whose awnings teemed with suspended inflatable dolls, beach chairs, laundry carts, and other impulse purchases a mom might make on a Saturday afternoon, exhausted by errand running with her kids. There was the sneaker store where Olga used to buy her cute kicks, the fruit store Prieto had worked at in high school, the little storefront that sold the kind of old-lady bras Abuelita used to wear. On the sidewalks, the Mexican women began to set up their snack stands. Mango with lime and chili on this corner, tamales on that. Until the Mexicans had come to Sunset Park, Olga had never tried any of this food, and now she always tried to leave a little room to grab a snack on her way home. Despite the relatively early hour, most of the shops were open, music blasting into the streets, granting the avenue the aura of a party. In a few more hours, cars with their stereos pumping, teens with boom boxes en route to the neighborhood’s public pool, and laughing children darting in front of their mothers would add to the cacophony that Olga had grown to think of as the sound of a Saturday.

Those with a dismissive-avoidant attachment style tend to show higher levels of self-reliance, a reduced signaling of need for others, and a distancing, detached attitude toward parents or partners. In children, avoidance is related to aggression, antisocial behaviors, and inflated self-esteem. In adults, avoidance is related to low commitment in romantic relationships, avoidance of intimacy, higher levels of sexual coercion, and a more promiscuous, sexually unrestrained orientation.89 Dismissive-avoidant attachment bears the hallmark of a low-parenting strategy, favoring short-term relationships over intimate, long-term bonding.

Using velocity as a productivity metric has several flaws. First, velocity is a relative and team-dependent measure, not an absolute one. Teams usually have significantly different contexts which render their velocities incommensurable. Second, when velocity is used as a productivity measure, teams inevitably work to game their velocity. They inflate their estimates and focus on completing as many stories as possible at the expense of collaboration with other teams (which might decrease their velocity and increase the other team’s velocity, making them look bad). Not only does this destroy the utility of velocity for its intended purpose, it also inhibits collaboration between teams.

Les pseudo-événements qui se pressent dans la dramatisation spectaculaire n'ont pas été vécus par ceux qui en sont informés ; et de plus ils se perdent dans l'inflation de leur remplacement précipité, à chaque pulsion de la machinerie spectaulaire. D'autre part, ce qui a été réellement vécu est sans relation avec le temps irréversible officiel de la société, et en opposition directe au rythme pseudo-cyclique du sous-produit consommable de ce temps. Ce vécu individuel de la vie quotidienne séparée reste sans langage, sans concept, sans accès critique à son propre passé qui n'est consigné nulle part. Il ne se communique pas. Il est incompris et oublié au profit de la fausse mémoire spectaculaire du non-mémorable.

One can even imagine that inflation tends to improve the relative position of the wealthiest individuals compared to the least wealthy, in that it enhances the importance of financial managers and intermediaries. A person with 10 or 50 million euros cannot afford the money managers that Harvard has but can nevertheless pay financial advisors and stockbrokers to mitigate the effects of inflation. By contrast, a person with only 10 or 50 thousand euros to invest will not be offered the same choices by her broker (if she has one): contacts with financial advisors are briefer, and many people in this category keep most of their savings in checking accounts that pay little or nothing and/or savings accounts that pay little more than the rate of inflation.

PRESCRIPTION 5 Low Back and Trunk   This prescription can be used to treat these symptoms and restrictions: Abdominal pain Compromised breathing Hip extension range of motion Hip pain Low back pain Sciatica Spinal rotation, flexion and extension range of motion   Overview Methods: Contract and relax Pressure wave Smash and floss Tools: Small ball Large ball Small bouncy ball or under-inflated soccer/volleyball Total time:  14 minutes   This prescription is great for treating low back pain and supporting the hardworking muscles of your trunk. We’ve established that poor spinal mechanics and sitting can cause adaptive stiffness and irritation in the discs, ligaments, and muscles around your spine and trunk. And when that happens, low back pain is often the result. Although there are other contributing factors to consider, like previous injuries, arthritis, obesity, and stress, we would argue that one of the leading causes of low back pain and trunk-related problems stems from poor posture, prolonged sitting, and a lack of basic self-maintenance. Having spent the majority of this book outlining a protocol for preventing and resolving the issue from a mechanical standpoint, let’s turn our attention to the maintenance side of things. This prescription targets the muscles that are responsible for keeping your spine braced, as well as the muscles that may get stiff when you move poorly or sit for too long.

While inflation is still undesirable, well-run businesses that employ relatively little capital, that throw off lots of cash and that have pricing flexibility will cope well with inflation.

The small surplus of matter over antimatter was only one of the asymmetries. Equally profound, engendering structure out of the matter that remained, was gravitational energy that broke out of the unified energy field at the beginning of the universe we inhabit. Following inflation, gravity amplified its effects throughout space in response to the stretched quantum fluctuations that first set the patterns into which structure would evolve. Matter began to concentrate in some regions, leaving other areas relatively less dense. The distribution of galaxies would later correlate with this initial pattern of lumpiness. In other ways, the early shaping of our universe may have progressed through discontinuities emerging out of symmetrical force fields that then took particular forms within the wrinkled "quantum fabric" of spacetime. One seminal example that led out of physics to chemistry and, ultimately, biology was a unified particle symmetry that concerned an electron-neutrino unity. These particles assume a smooth, uniform identity-virtually pure energy at an extremely high temperature-but, upon cooling to a certain threshold, suddenly break into unique entities, with the electron assuming much more of its energy as mass and the potential to build the emergent complexity of chemistry around elemental matter. Thus, the early breaking of symmetries led to various subsequent processes to shape the universe on all scales with an inexorable potential for the emergence of everything.

Men, at first glance, are like the colourful productive pollinating bees, but without the flowers, women, they are an annoying senseless noise catering to an overindulged queen; their ever-inflated ego. - On Men Without Women

The broad U.S. market returned 10.9 percent annually from 1950 to 2009. That handily beat the 6.1 percent return on five-year Treasury notes and the 3.8 percent level of inflation. Table 6-1 shows the inflation-adjusted returns over different periods of time. Inflation-adjusted returns are also known as real returns because that is the amount of purchasing power investors gained or lost. The real return does not include taxes. Real returns reinforce the fact that inflation is an invisible tax on all investments. The portion of return that is related to inflation cannot be counted as investment gain. When creating an asset allocation for your portfolio, you should always consider the expected real return of the investments you are considering. TABLE

Even as the Blue Marble was miniaturizing your conception of Earth, it was inflating your sense of importance in relation to it, endowing you a godlike perspective and agency.

To reiterate, in the upwave, debt is increased and financial wealth and obligations rise relative to tangible wealth to the point that these promises to pay in the future (i.e., the values of cash, bonds, and stocks) can’t be met. This causes “run on the bank”-type debt problems to emerge, which leads to the printing of money to try to relieve the problems of debt defaults and falling stock market prices, which leads to the devaluation of money and in turn to financial wealth going down relative to real wealth, until the real (inflation-adjusted) value of financial assets returns to being low relative to tangible wealth. Then the cycle begins again.

The analysis of the /General Theory /shows that inflation is a real, not a monetary, phenomenon. It operates in two stages (once more giving a crudely simple account of an intricate process). An increase in effective demand meeting an inelastic supply of goods raises prices. When food is supplied by a peasant agriculture a rise of the prices of foodstuffs is a direct increase of money income to the sellers and increases their expenditure. The higher cost of living sets up a pressure to raise wage rates. So money incomes rise all round, prices are bid up all the higher and a vicious spiral sets in. The first stage — a rise of effective demand — can very easily be prevented by not having any development. But if there is to be development there must be a stage when investment increases relatively to consumption. There must be an increase in effective demand and a tendency towards inflation. The problem is how to keep it within bounds. Some schemes of investment that seem to be clearly indispensable to improvements in the long run, such as electrical installations, take a long time to yield any fruit and meanwhile the workers engaged on these have to be supplied. The secret of non-inflationary development is to allocate the right amount of quick-yielding, capital-saving investment to the consumption-good sector (especially agriculture) to generate a sufficient surplus to support the necessary large schemes. It is in this kind of analysis, rather than in the mystifications of “deficit finance,” that the clue to inflation is to be found. [pp. 110-11]

The people who worked there were young, too. In my early thirties, I was one of the oldest members of staff. Perhaps because of this, I made an extra show of my enthusiasm for the role. My white-hot passion for multimedia marketing. My fanatical fervour for company-client relations. I stayed later than anyone else. Talked louder. Worked harder. Or at least, more overtly. I’d buzz about the building like a Benzedrine-addled bumblebee, spewing worn-out idioms to anyone in earshot. Shooting from the hip. Thinking outside the box. I was such a fucking idiot. We all were. And the inflated sense of self-importance. My God. Because you see, we weren’t just there to make a salary. Or to pimp advertising space. Or to make our shareholders richer. Oh no. We were out there making a real difference to the world. We were shaping relationships. We were curating memories. We were facilitating meaningful connections in a noisy world. Jesus. It was like a cult. And I hadn’t just drunk the Kool-Aid. I’d filled a paddling pool and was doing backstroke in the stuff. To think we actually thought what we were doing mattered. In the way that food matters. Or shelter. Or water. Or clean air. What a terrible joke we were. Of course, once the outbreak happened, it quickly transpired we weren’t as essential as we’d assumed. The company folded. Too many dead. Or not enough people alive to make it worthwhile. Whatever

If the price of gold was too low, the problem was not a shortage of gold but an excess of paper money in relation to gold. This excess money was reflected in rising inflation in the United States, the United Kingdom and France.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily. . . . As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.

velocity is a relative and team-dependent measure, not an absolute one. Teams usually have significantly different contexts which render their velocities incommensurable. Second, when velocity is used as a productivity measure, teams inevitably work to game their velocity. They inflate their estimates and focus on completing as many stories as possible at the expense of collaboration with other teams (which might decrease their velocity and increase the other team’s velocity, making them look bad). Not

Kitsch. Can’t think of Engl. trans. for this word. A copy that’s so proud of how close it comes to the original that it believes there’s more worth in this closeness than in originality itself. “It looks just like . . . !” Imposture of feeling over actual emotion; sentimentality over sentiment. Kitsch can also be in the eye: “The sunset looks like a painting!” Because artifice is now the ultimate standard, the original (sunset) has to be turned into a fake (painting), so that the latter may provide the measure of the former’s beauty. Kitsch is always a form of inverted Platonism, prizing imitation over archetype. And in every case, it’s related to an inflation of aesthetic value, as seen in the worst kind of kitsch: “classy” kitsch. Solemn, ornamental, grand. Ostentatiously, arrogantly announcing its divorce from authenticity.

If you want to understand power’s dangers, slavery has one advantage: it is vivid and complete in its corruption. In enslavement one human being asserts unlimited power over another, an assertion that requires not just the inflation of the slave owner’s power to unholy, godlike levels, but the eradication of the slave’s power. Some masters may be relatively benevolent (as some were, at least in their own eyes, in the era of American slavery). But the master-slave relationship remains one of categorical lordship, and it is predicated on the owner’s assertion of the right to take anything and everything from the slave, up to and including her life. Ultimately the owner owns everything; the slave owns nothing.

To fit into the Golden Straitjacket a country must either adopt, or be seen as moving toward, the following golden rules: making the private sector the primary engine of its economic growth, maintaining a low rate of inflation and price stability, shrinking the size of its state bureaucracy, maintaining as close to a balanced budget as possible, if not a surplus, eliminating and lowering tariffs on imported goods, removing restrictions on foreign investment, getting rid of quotas and domestic monopolies, increasing exports, privatizing state-owned industries and utilities, deregulating capital markets, making its currency convertible, opening its industries, stock and bond markets to direct foreign ownership and investment, deregulating its economy to promote as much domestic competition as possible, eliminating government corruption, subsidies and kickbacks as much as possible, opening its banking and telecommunications systems to private ownership and competition and allowing its citizens to choose from an array of competing pension options and foreign-run pension and mutual funds. When you stitch all of these pieces together you have the Golden Straitjacket. . . . As your country puts on the Golden Straitjacket, two things tend to happen: your economy grows and your politics shrinks. That is, on the economic front the Golden Straitjacket usually fosters more growth and higher average incomes—through more trade, foreign investment, privatization and more efficient use of resources under the pressure of global competition. But on the political front, the Golden Straitjacket narrows the political and economic policy choices of those in power to relatively tight parameters. . . . Governments—be they led by Democrats or Republicans, Conservatives or Labourites, Gaullists or Socialists, Christian Democrats or Social Democrats—that deviate too far from the core rules will see their investors stampede away, interest rates rise and stock market valuations fall.36

the consequences of this state of affairs have been drawn by the Hungarian-born American financier George Soros who, in an essay published in September 2012 (Soros 2012), argued that in order to avoid a definitive split of the euro zone into creditor and debtor countries, and thus a likely collapse of the EU itself, Germany must resolve a basic dilemma: either assume the role of the ‘benevolent hegemon’ or else leave the euro zone. If Germany were to give up the euro, leaving the euro zone in the hands of the debtor countries, all problems that now appear to be insoluble, could be resolved through currency depreciation, improved competitiveness, and a new status of the ECB as lender of last resort. The common market would survive, but the relative position of Germany and of other creditor countries that might wish to leave the euro zone would change from the winning to the losing side. Both groups of countries could avoid such problems if only Germany was willing to assume the role of a benevolent hegemon. However, this would require the more or less equal treatment of debtor and creditor countries, and a much higher rate of growth, with consequent inflation. These may well be unacceptable conditions for the German leaders, for the Bundesbank and, especially, for the German voters.

River Rafting in Rishikesh is one of the most thrilling water based adventure sports that gives you an up close splatter of untamed nature in a world where the royal river is what you are up adjacent to. Aboard a raft, when the water wave hits your face for the first time; you be familiar with that it will take a little more than a few ounces of bravery to tame the river beast and indeed this duel next to mother nature will enrich your life forever, even if tried only once in a life time…The modern raft is a boat that is inflated comprising of a very durable and thick coated rubberized or vinyl fabric and also has a number of air chambers. The chief apparatus required for rafting are a life jacket ,Safety helmet, Safety Helmet, Paddles, River guide and a Self-Bailing Raft, etc. It is a very daring activity and it may appear a very perilous sport, but once you knowledge it, you will certainly realize the actual thrill of rafting. The best time for water river rafting is spiral summer to February to May and in winter September to November. You probably think that there is completely no way to extreme sports such as rafting can be fun at all. This is false, because all you need for a great sport like this is fun to be an expert to take manages of all rafting. It is a fun place to take part in all the summer sports, when it's nice and warm and all you need is a movement related to the water to take temperatures down. It is also a thrilling sport that many people can participate at the same time. Friends and family can get together and everybody can have a brilliant day of fun. As you begin your boat journey, you will encounter a number of rapids, which you will be necessary to sail over. Uttarakhand adventure is well known rafting company in Rishikesh. This excursion will roughly be two hours long, and will make you use all your power and skill to keep the boat under control. Water will stay splash all over you, and will keep you invigorated and bouncing if you start feeling tired due to the corporeal work that you will do. As an extreme sport, rafting certainly has its drawbacks, but not all make games? The best way to take safety measures so that you can avoid fatal accidents is to acquire a knowledgeable scout who is qualified for the chore and the best gear for rafting. For example, you should always have a life jacket on the obverse rafting, in the unfortunate event that the boat capsize; you'll be able to stay afloat and hope to swim to defense. Also, if you are unsure of your rafting skills, rapids and waterfalls stay away from very high.

The modern-day dollar bill acquired its current design in 1957. Since then its purchasing power, relative to the consumer price index, has declined by a staggering 87 per cent. Average annual inflation in that period has been over 4 per cent,

The cost of defense, meanwhile, goes up and up and up, with little political resistance and barely any public discussion. By the fullest accounting, which is different from usual budget figures, the United States will spend more than $1 trillion on national security this year. That includes about $580 billion for the Pentagon’s baseline budget plus “overseas contingency” funds, $20 billion in the Department of Energy budget for nuclear weapons, nearly $200 billion for military pensions and Department of Veterans Affairs costs, and other expenses. But it doesn’t count more than $80 billion a year of interest on the military-related share of the national debt. After adjustments for inflation, the United States will spend about 50 percent more on the military this year than its average through the Cold War and Vietnam War. It will spend about as much as the next 10 nations combined—three to five times as much as China, depending on how you count, and seven to nine times as much as Russia. The world as a whole spends about 2 percent of its total income on its militaries; the United States, about 4 percent.

research suggests that in areas near the U.S.-Mexico border, only one-tenth of paid domestic labor is on the books. The BLS puts the yearly average housekeeping wage at $19,570, which is both below the poverty line for a family of three and no doubt inflated by underreporting. Domestic workers without immigration papers not only lack the so-called protection of the law; they’re constantly vulnerable to deportation. So much for Lyotard’s “doing away with all privileges of place.” As Evan Calder Williams writes, “the days and bodies of humans are still far cheaper than any automation, provided money knows where to look. And it always has.” White supremacy and the gender division aren’t archaisms that capital will puree into a flow of neutered beige singularities; they’re labor relations, and integral ones.

Not only are the gender overlaps large, but the gender differences are actually inflated at the outset. One danger of studying gaming populations (or any natural community) is that of bringing underlying biases into the data. The gender difference in achievement motivations is a good case in point. It turns out that age influences the achievement motivation more than gender; older players are much less interested in goals and competition in online games compared with younger players. In fact, the relation between age and the achievement motivation dwarfs the gender difference.

You can reduce risk by building up your investments slowly with regular, periodic investments over time. Investing regular amounts monthly or quarterly will ensure that you put some of your money to work during favorable periods, when prices are relatively low. Investment advisers call this technique “dollar-cost averaging.” With equal dollar investments over time, the investor buys fewer shares when prices are high and more shares when prices are low. It won’t eliminate risk but it will ensure that you don’t buy your entire portfolio at temporarily inflated prices. The

How could space not be infinite? How could an infinite space get created in a finite time? What’s our Universe expanding into? Where in space did our Big Bang explosion happen? Did our Big Bang happen at a single point? If our Universe is only 14 billion years old, how can we see objects that are 30 billion light-years away? Don’t galaxies receding faster than the speed of light violate relativity theory? Are galaxies really moving away from us, or is space just expanding? Is the Milky Way expanding? Do we have evidence for a Big Bang singularity? Doesn’t creation of the matter around us from almost nothing by inflation violate energy conservation? What caused our Big Bang? What came before our Big Bang? What’s the ultimate fate of our Universe? What are dark matter and dark energy? Are we insignificant?

Incumbents also demonstrate considerable success raising money from PACs. Incumbent members of the House have on average exceeded $600,000 (in 2012 dollars) of PAC funding in every election since 2006. Typically, about 40 percent of incumbents’ funding comes from PACs. Moreover, House incumbents appear to have increased their average PAC receipts by about $150,000 between 2004 and 2012, even after adjusting for inflation. In contrast, mean PAC funding of nonincumbents remained relatively stable during that period, though challengers who had previously been elected to another political office (such as state legislator) demonstrated considerably more success than their inexperienced colleagues. Whereas the gap in PAC receipts between challengers and incumbents is typically several hundred thousand dollars, experienced challengers often raise twice as much PAC money as candidates who have never been elected to a lower office. Without a doubt, convincing policy-minded PACs to invest in their campaigns seems to be a difficult task for political neophytes, who rarely topped $100,000 in PAC receipts on average.

But if you inflated the balloons quickly, possibly by connecting many canisters to it at once, you’d be able to slow your fall. Just don’t use too much helium, or you’ll end up floating at 16,000 feet like Larry Walters. While researching this answer, I managed to lock up my copy of Mathematica several times on balloon-related differential equations, and subsequently got my IP address banned from Wolfram|Alpha for making too many requests. The ban-appeal form asked me to explain what task I was performing that necessitated so many queries. I wrote, “Calculating how many rental helium tanks you’d have to carry with you in order to inflate a balloon large enough to act as a parachute and slow your fall from a jet aircraft.” Sorry, Wolfram. 1 While researching impact speeds for this answer, I came across a discussion on the Straight Dope Message Board about survivable fall heights. One poster

Finally, fiat currencies, while only a relatively recent historical invention, have proven to be prone to constant increases in supply. Nation-states have shown a persistent proclivity to inflate their money supply to solve short-term political problems. The inflationary tendencies of governments across the world leave the owner of a fiat currency with the likelihood that their savings will diminish in value over time.

When emerging markets cannot pay foreign debts, options vanish. Unavoidable defaults shut off access to global capital markets. Without access to capital, economies contract. Local currency becomes worthless. Printing more money invites inflation and hyperinflation. Poverty proliferates. Governments that cannot provide for their populations do not last long. Chaos opens the door to empty promises by authoritarians armed with populist slogans and freelance militias. Advanced economies are not invulnerable, as history has shown repeatedly. It’s worth noting that in 1899 cautious investors sought safety in one-hundred-year bonds issued by the Habsburg Empire that ruled Austria-Hungary. When the anarchist Gavrilo Princip assassinated Austria’s archduke Ferdinand in June 1914, an act that ignited World War I, sovereign Habsburg bonds were still holding their value relative to other European bonds. In other words, no experts saw the end coming. Within four years, the Habsburg Empire was history. Two decades later, the postwar debt and reparations bills that nearly smothered Germany helped usher in World War II.

Inflation, higher prices of gas and oil, countries like an army base, millions of refugees, full control over business relations, no choice and no self-respect Europe is the kind of girlfriend who is under pressure to tolerate everything just to maintain a relationship with her boyfriend. And The boyfriend is America.

the most defining characteristics of bubbles that can be measured are: Prices are high relative to traditional measures Prices are discounting future rapid price appreciation from these high levels There is broad bullish sentiment Purchases are being financed by high leverage Buyers have made exceptionally extended forward purchases (e.g., built inventory, contracted for supplies, etc.) to speculate or to protect themselves against future price gains New buyers (i.e., those who weren’t previously in the market) have entered the market Stimulative monetary policy threatens to inflate the bubble even more (and tight policy to cause its popping)

To control risk further, I replaced Bamberger’s segregation into industry groups by a statistical procedure called factor analysis. Factors are common tendencies shared by several, many, or all companies. The most important is called the market factor, which measures the tendency of each stock price to move up and down with the market. The daily returns on any stock can be expressed as a part that follows the market plus what’s left over, the so-called residual. Financial theorists and practitioners have identified a large number of such factors that help explain changes in securities prices. Some, like participation in a specified industry group or sector (say, oil or finance) mainly affect subgroups of stocks. Other factors, such as the market itself, the levels of short-term and long-term interest rates, and inflation, affect nearly all stocks. The beauty of a statistical arbitrage product is that it can be designed to offset the effects of as many of these factors as you desire. The portfolio is already market-neutral by constraining the relation between the long and short portfolios so that the tendency of the long side to follow the market is offset by an equal but opposite effect on the short side. The portfolio becomes inflation-neutral, oil-price-neutral, and so on, by doing the same thing individually with each of those factors. Of course, there is a trade-off: The reduction in risk is accompanied by limiting the choice of possible portfolios.

Kitsch can also be in the eye: “The sunset looks like a painting!” Because artifice is now the ultimate standard, the original (sunset) has to be turned into a fake (painting), so that the latter may provide the measure of the former’s beauty. Kitsch is always a form of inverted Platonism, prizing imitation over archetype. And in every case, it’s related to an inflation of aesthetic value, as seen in the worst kind of kitsch: “classy” kitsch.

The same question applies to the problems of child-rearing. How can we successfully remove the child from his inflated state and give him a realistic and responsible notion of his relation to the world, while at the same time maintaining that living link with the archetypal psyche which is needed in order to make his personality strong and resilient? The problem is to maintain the integrity of the ego-Self axis while dissolving the ego's identification with the Self. On this question rest all the disputes of permissiveness versus discipline in child rearing. Permissiveness emphasizes acceptance and encouragement of the child's spontaneity and nourishes his contact with the source of life energy with which he is born. But it also maintains and encourages the inflation of the child, which is unrealistic to the demands of outer life. Discipline, on the other hand, emphasizes strict limits of behavior, encourages dissolution of the ego-Self identity and treats the inflation quite successfully; but at the same time it tends to damage the vital, necessary connection between the growing ego and its roots in the unconscious. There is no choice between these --they are a pair of opposites, and must operate together.

In order to relate to the mentality of the child and primitive consciously, rather than unconsciously and inflatedly, we must learn how to incorporate primitive categories of experience into our world view without denying or damaging our conscious, scientific categories of space, time and causality. We must learn how to apply primitive modes of experience psychologically, to the inner world, rather than physically in relation to the outer world. To be primitive in our relation to the outer world is to be superstitious; but to be primitive in relation to the inner world of the psyche is to be wise.

Going to therapy and talking about healing may just be the go-to flex of our time. It is supposedly an indicator of how profoundly self-aware, enlightened, emotionally mature, or “evolved” an individual is. Social media is obsessed and saturated with pop psychology and psychiatry content related to “healing”, trauma, embodiment, neurodiversity, psychiatric diagnoses, treatments alongside productivity hacks, self-care tips and advice on how to love yourself without depending on anyone else, cut people out of your life, manifest your goals to be successful, etc. Therapy isn’t a universal indicator of morality or enlightenment. Therapy isn’t a one-size-fits-all solution that everyone must pursue. There are many complex political and cultural reasons why some people don’t go to therapy, and some may actually have more sustainable support or care practices rooted in the community. This is similar to other messaging, like “You have to learn to love yourself first before someone else can love you”. It all feeds into the lie that we are alone and that happiness comes from total independence. Mainstream therapy blames you for your problems or blames other people, and often it oscillates between both extremes. If we point fingers at ourselves or each other, we are too distracted to notice the exploitative systems making us all sick and sad. Oftentimes, people come out of therapy feeling fully affirmed and unconditionally validated, and this ego-caressing can feel rewarding in the moment even if it doesn’t help ignite any growth or transformation. People are convinced that they can do no wrong, are infallible, incapable of causing harm, and that other people are the problem. Treatment then focuses on inflating self-confidence, self-worth, self-acceptance, and self-love to chase one’s self-centered dreams, ambitions, and aspirations without taking any accountability for one’s own actions. This sort of individualistic therapeutic approach encourages isolation and a general mistrust of others who are framed as threats to our inner peace or extractors of energy, and it further breeds a superiority complex. People are encouraged to see relationships as accessories and means to a greater selfish end. The focus is on what someone can do for you and not on how to give, care for, or show up for other people. People are not pushed to examine how oppressive conditioning under these systems shows up in their relationships because that level of introspection and growth is simply too invalidating. “You don’t owe anyone anything. No one is entitled to your time and energy. If anyone invalidates you and disturbs your peace, they are toxic; cut them out of your life. You don’t need that negativity. You don’t need anyone else; you alone are enough. Put yourself first. You are perfect just the way you are.” In reality, we all have work to do. We are all socialized within these systems, and real support requires accountability. Our liberation is contingent on us being aware of our bullshit, understanding the values of the empire that we may have internalized as our own, and working on changing these patterns. Therapized people may fixate on dissecting, healing, improving, and optimizing themselves in isolation, guided by a therapist, without necessarily practicing vulnerability and accountability in relationships, or they may simply chase validation while rejecting the discomfort that comes from accountability. Healing in any form requires growth and a willingness to practice in relationships; it is not solely validating or invalidating; it is complex; it is not a goal to achieve but a lifelong process that no one is above; it is both liberating and difficult; it is about acceptance and a willingness to change or transform into something new; and ultimately, it is going to require many invalidating ego deaths so we can let go of the fixation of the “self” to ease into interdependence and community care.

Savings are relatively useless during times of high inflation.

It’s become so much easier in recent decades to look around and say, “I may have more than I used to. But relative to that person over there, I don’t feel like I’m doing that great.” Part of that envy is useful, because saying “I want what they have” is such a powerful motivator of progress. Yet the point stands: We might have higher incomes, more wealth, and bigger homes—but it’s all so quickly smothered by inflated expectations.

In the 1860s, during its civil war, the US suspended gold convertibility and printed paper money (known as “greenbacks”) to help monetize war debts. Around the time the US returned to its gold peg in the mid-1870s, a number of other countries joined the gold standard; most currencies remained fixed against it until World War I. Major exceptions were Japan (which was on a silver-linked standard until the 1890s, which led its exchange rate to devalue against gold as silver prices fell during this period) and Spain, which frequently suspended convertibility to support large fiscal deficits. During World War I, warring countries ran enormous deficits that were funded by central banks’ printing and lending of money. Gold served as money in foreign transactions, as international trust (and hence credit) was lacking. When the war ended, a new monetary order was created with gold and the winning countries’ currencies, which were tied to gold. Still, between 1919 and 1922 several European countries, especially those that lost the war, were forced to print and devalue their currencies. The German mark and German mark debt sank between 1920 and 1923. Some of the winners of the war also had debts that had to be devalued to create a new start. With debt, domestic political, and international geopolitical restructurings done, the 1920s boomed, particularly in the US, inflating a debt bubble. The debt bubble burst in 1929, requiring central banks to print money and devalue it throughout the 1930s. More money printing and more money devaluations were required during World War II to fund military spending. In 1944–45, as the war ended, a new monetary system that linked the dollar to gold and other currencies to the dollar was created. The currencies and debts of Germany, Japan, and Italy, as well as those of China and a number of other countries, were quickly and totally destroyed, while those of most winners of the war were slowly but still substantially depreciated. This monetary system stayed in place until the late 1960s. In 1968–73 (most importantly in 1971), excessive spending and debt creation (especially by the US) required breaking the dollar’s link to gold because the claims on gold that were being turned in were far greater than the amount of gold available to redeem them. That led to a dollar-based fiat monetary system, which allowed the big increase in dollar-denominated money and credit that fueled the inflation of the 1970s and led to the debt crisis of the 1980s. Since 2000, the value of money has fallen in relation to the value of gold due to money and credit creation and because interest rates have been low in relation to inflation rates. Because the monetary system has been free-floating, it hasn’t experienced the abrupt breaks it did in the past; the devaluation has been more gradual and continuous. Low, and in some cases negative, interest rates have not provided compensation for the increasing amount of money and credit and the resulting (albeit low) inflation.

Albert Einstein’s general theory of relativity explains the force of gravity as an illusion generated by the geometry of space-time. Because gravity is geometry, any story about the history of the universe is a story about its structure in disguise.

The triangle of fraud . . .” “What’s that?” He started, as if I’d woken him. “Oh—incentive, opportunity, and rationalization.” He stuck out three fingers and began counting them off. “The first leg, incentive, is pressure to commit the crime. A person is looking for a way to solve their financial issues due to an inability to pay their bills, drug and/or alcohol addiction, or simply status, wanting to have a bigger house or drive a fancier car.” He counted off another finger. “The second leg is perceived opportunity, where the individual identifies ways to commit fraud with the lowest amount of risk, like lying about the number of hours worked, inflated sales or productivity to garner higher pay, creating false invoices for products never purchased and pocketing the money, or selling proprietary company information to competitors.” He counted off the last finger. “The third leg of the triangle, and this is an important one, is where individuals persuade themselves into believing that they’re doing the right thing. They convince themselves that they’re just borrowing the money or feel entitled to it through perceived low pay, uncompensated hours, lack of respect, or trying to provide for their family.” “Okay, but what pushes two men whom we assume are relatively upright individuals into going so far as to kill someone?” “A lot of money.” I laughed.

Kitsch can also be in the eye: “The sunset looks like a painting!” Because artifice is now the ultimate standard, the original (sunset) has to be turned into a fake (painting), so that the latter may provide the measure of the former’s beauty. Kitsch is always a form of inverted Platonism, prizing imitation over archetype. And in every case, it’s related to an inflation of aesthetic value, as seen in the worst kind of kitsch: “classy” kitsch. Solemn, ornamental, grand.

My relations and friends were too stupid. They didn’t understand what inflation meant. They didn’t rush to get rid of their money (that was what the Jews and the Germans did). All my relations thought it would stop the next week - and they went on thinking so. They woke up very late. They started selling their valuables because they couldn’t buy food - the china from the mantelpiece, the furniture, the silver. That made them think - it made them think when the price of a set of old silver spoons went up from 20,000 to 40,000 crowns in a matter of a week or two. And if you had to sell a valuable writing desk for money which was worth only half as much a week later, of course there was ill-feeling. It was resented when Jews bought these things. The Jewish women would turn up at parties or at thé dansants when we were all broke, wearing the silver fox furs - three at a time for ostentation - and diamonds which they had bought from our relations for a song - or what, when they saw them again, had become a song. My relations didn’t know the value of anything. They were stupid. Our solicitors were no better. My mother’s bank manager gave her appalling advice - he didn’t know what he was talking about either. Anti-Semitism had been negligible before inflation. Although Bela Kun’s revolution had been mainly run by Jews, the White Terror had largely purged political resentment. The Jews had been badly treated in Hungary since the 1860s, and were not received socially for many years. Nine out of ten bore grudges, and when the opportunity of impressing the arrogant gentiles arrived at last, who was to blame them for taking it? When they made a success of inflation, they were hated. When they

lambda-cold-dark-matter”. This says that spacetime is flat, that about 5 per cent of the mass of the Universe is in the form of baryons (including bright stars and gas and dust), some 27 per cent is in the form of cold dark matter, and 68 per cent is in the form of the lambda field, also known as dark energy. This confirmation that the Universe is flat was the clinching evidence that some form of inflation is the key to understanding the origin of the Big Bang. But by the end of the 1990s, the inflationary scenario had gone through several stages of development, and related ideas were around even before Guth coined the name.    What is now recognised as the first inflationary model was developed by Alexei Starobinsky, at the L. D. Landau Institute of Theoretical Physics in Moscow, at the end of the 1970s — but it was not then called “inflation”. It was a very complicated model based on a quantum theory of gravity, but it caused a sensation among cosmologists in what was then the Soviet Union, becoming known as the “Starobinsky model” of the Universe. Unfortunately, because of the difficulties Soviet scientists still had in travelling abroad or

REITs. Real Estate Investment Trusts, or REITs (pronounced “reets”), are companies that own and collect rent from commercial and residential properties.10 Bundled into real-estate mutual funds, REITs do a decent job of combating inflation. The best choice is Vanguard REIT Index Fund; other relatively low-cost choices include Cohen & Steers Realty Shares, Columbia Real Estate Equity Fund, and Fidelity Real Estate Investment Fund.11 While a REIT fund is unlikely to be a foolproof inflation-fighter, in the long run it should give you some defense against the erosion of purchasing power without hampering your overall returns. TIPS. Treasury Inflation-Protected Securities, or TIPS, are U.S. government bonds, first issued in 1997, that automatically go up in value when inflation rises. Because the full faith and credit of the United States

For one thing, this steady devaluation of the dollar is a new practice, relatively speaking. For most of our country’s history, the dollar gained value. The dollar was worth 75 percent more in 1912 than it was worth in 1800. You know those stories your parents or grandparents tell about how they used to buy a sandwich and a fountain soda for a dime? How everything was so much cheaper back in the day? If you were around in 1900, for instance, the old folk didn’t tell those sorts of stories. What cost a dime in 1900 probably cost fifteen cents in 1875, and twenty cents in 1800. Of course, since 1912, the dollar has lost more than 95 percent of its value....You will remember what happened in 1913: the Fed was created.

When the demand for goods increases relative to the supply, there can be “demand-pull” inflation. When inputs to production such as labor and raw materials increase in price, there can be “cost-push” inflation. Finally, when the value of an importing country’s currency declines relative to that of an exporting country, the cost of the exporter’s goods can rise in the importing country.

1. Distortions of Power and Size If one or both parents demanded absolute control and dependence or treated you in ways that made you feel small, you may have inherited distortions of power and size. You may automatically view yourself as less capable than others or, alternatively, as so big and powerful that you have to protect others from yourself. You may feel you lack permission to do things that are within your perfect right. You may feel intimidated or, conversely, contemptuous in the presence of authority figures. Distortions of power and size can handicap you at work, as a parent, and in your other intimate relationships. 2. Distortions of Feeling and Wanting If emotions were banned, inflated, or feared, and your desires shamed or thwarted, you may have inherited distortions of feeling and wanting. You may regard emotions such as anger, fear, sadness—even joy—as life-threatening and overreact to them. You may be unable to tolerate a loved one’s strong feelings. You may deprive yourself of legitimate yearnings or live with unrealistic hopes. You may unconsciously expect life to be painful and, as a result, you may automatically become uncomfortable whenever good things happen. Distortions of feeling can lead you to fear or ignore your emotions and misinterpret the emotions of others. Distortions of wanting can leave you feeling deprived. 3. Distortions of Thinking If truths were denied, perceptions discounted, or blame and shame heaped on you, you may have inherited distortions of thinking. You may accept overcontrol from others, thinking that it is normal. You may chronically doubt your perceptions. You may leap to conclusions based on all-or-nothing reasoning. Distortions of thinking may lead you to avoid personal responsibility or to assume too much responsibility for others’ actions. Distortions of thinking can put you at risk for misreading others and yourself. 4. Distortions of Relating If closeness was dangerous, or if you were infantilized for too long, or if you were thrust into the caretaker role too soon, you may have inherited distortions of relating. You may be unable to get close to others even when you want to. You may unwisely trust others or be unable to trust at all. You may see others as threats or as saviors—not simply as people. Distortions of relating can rob you of intimacy and pleasure. 5. Distortions of Self and Identity If your intuition, initiative, or needs were devalued, you may have inherited distortions of self and identity. You may underrate your abilities, undercut your potential, or underplay your strengths. You may banish parts of your personality, present a false front to others, or see yourself as an object instead of a person. Distortions of self leave your primary relationship—that with yourself—underfueled. But remember: Knowledge is power. By recognizing these distortions in your life, you can heal them.

While I won’t go into exactly how it works here, the most defining characteristics of bubbles that can be measured are: Prices are high relative to traditional measures Prices are discounting future rapid price appreciation from these high levels There is broad bullish sentiment Purchases are being financed by high leverage Buyers have made exceptionally extended forward purchases (e.g., built inventory, contracted for supplies, etc.) to speculate or to protect themselves against future price gains New buyers (i.e., those who weren’t previously in the market) have entered the market Stimulative monetary policy threatens to inflate the bubble even more (and tight policy to cause its popping)

The Ultimate Inflation Hedge What can we do then to mitigate the effects of inflation? The same thing that Buffett and Munger would do if there were no inflation. We’d buy great businesses with excellent management at a fair to bargain price and leave them alone. While inflation is still undesirable, well-run businesses that employ relatively little capital, that throw off lots of cash and that have pricing flexibility will cope well with inflation.

Real Estate Investment Trusts, or REITs (pronounced “reets”), are companies that own and collect rent from commercial and residential properties.10 Bundled into real-estate mutual funds, REITs do a decent job of combating inflation. The best choice is Vanguard REIT Index Fund; other relatively low-cost choices include Cohen & Steers Realty Shares, Columbia Real Estate Equity Fund, and Fidelity Real Estate Investment Fund.11 While a REIT fund is unlikely to be a foolproof inflation-fighter, in the long run it should give you some defense against the erosion of purchasing power without hampering your overall returns.

The DSM-V offers a comprehensive set of criteria to define narcissism: A. Significant impairments in personality functioning manifest by: 1. Impairments in self functioning (a or b): a. Identity: Excessive reference to others for self-definition and self-esteem regulation; exaggerated self-appraisal may be inflated or deflated, or vacillate between extremes; emotional regulation mirrors fluctuations in self-esteem. b. Self-direction: Goal-setting is based on gaining approval from others; personal standards are unreasonably high in order to see oneself as exceptional, or too low based on a sense of entitlement; often unaware of own motivations. AND 2. Impairments in interpersonal functioning (a or b): a. Empathy: Impaired ability to recognize or identify with the feelings and needs of others; excessively attuned to reactions of others, but only if perceived as relevant to self; over- or underestimate of own effect on others. b. Intimacy: Relationships largely superficial and exist to serve self-esteem regulation; mutuality constrained by little genuine interest in others experiences and predominance of a need for personal gain. B. Pathological personality traits in the following domain: 1. Antagonism, characterized by: a. Grandiosity: Feelings of entitlement, either overt or covert; self-centeredness; firmly holding to the belief that one is better than others; condescending toward others. b. Attention seeking: Excessive attempts to attract and be the focus of the attention of others; admiration seeking. C. The impairments in personality functioning and the individual’s personality trait expression are relatively stable across time and consistent across situations. D. The impairments in personality functioning and the individual’s personality trait expression are not better understood as normative for the individual’s developmental stage or sociocultural environment. E. The impairments in personality functioning and the individual’s personality trait expression are not solely due to the direct physiological effects of a substance (e.g., a drug of abuse, medication) or a general medical condition (e.g., severe head trauma).7

Because ego is frequently identified in negative terms, especially among Buddhists, my father made a point of reminding me that we also have a healthy ego—or a healthy sense of self. This relates to aspects of self that intuitively know right from wrong, that can discern between protection and harm, that instinctively know what is virtuous and wholesome. We trip ourselves up only when we become attached to these basic instincts and create inflated stories around them. For example, I had used ego in a positive way to explore, and then maintain, monastic discipline. But if I were to think, Oh, I am such a pure monk, I maintain my vows so perfectly, then I would be in trouble. When I examined my difficulties with too much newness all at once, I could see ego-self as a process, not as a solid thing.

Before starting work on being more mature it’s worth being aware that it’s possible to achieve a fake kind of maturity in relationships. All of us have some degree of pretend maturity in our repartee of relating. We’re prone to doing a patch-up job on the immaturity blocks we inherit from the generations of our families’ anxious sensitivities so that they’re hidden from view as much as possible. Any patching up we do can make us look pretty impressive at times as we switch on our most confident persona. This counterfeit type of maturity is not always unhelpful as it enables us to rise to many challenges in life and cope beyond our usual capacities. This “winging it” kind of maturity can be an adaptive advantage, but it can also be a bit of a trap in giving us an inflated view of our maturity.1

At 50, people are still looking for a stockbroker to work a miracle for them, but at 60 they start looking for an advisor to help them negotiate a truce with reality. Regardless of when people are actually planning to retire, 60 is psychologically the beginning of the end of the accumulation period in their lives, and the beginning of the beginning of the distribution phase.... Variable annuitization offers genuine hope to people who (a) need to live on more than six percent of their capital, (b) need their income to grow in some relation to equity returns, which have historically been more than three times the inflation rate, and (c) at the very, very least, need to be assured that some income will continue for their entire lives. Variable annuitization is the only chance these people have. ...If Americans understood how the capital markets actually work, most folks would choose variable universal life insurance over variable life and whole life as the cheapest form of permanent insurance they could buy for the long run. That's simply because the insurance cost of an insurance policy is a pure function of how much of its own money the insurance company has exposed. Since the policyholder's own cash value builds up most significantly over time - and therefore the insurance company's exposure falls further, faster - in variable universal policies than in other debt-based (or general account-based) contracts, the net premium dollars allocated to the purchase of the death benefit must be lower, at the end of the day. And the policyholder's equity must be commensurately greater.

What Are The Main Advantages of PVC Doors They usually have a clean floor with bright paint-free in order that they'll keep away from the discharge of any toxic gas within the air which might be very dangerous to human physique especially if they use the decorative paint. PVC doorways have another advantage in that they are surroundings pleasant because they are often recycled after their life is other to other varieties by melting them and then remolding them.In addition to the above advantages of PVC doors, you find them to be good for your own home as a result of they are very simple to put in in addition to simple to maintain. Moreover, PVC upvc doors ipswich doorways are straightforward to take care of. As a result of the truth that PVC is manufactured from plastic, there are much less possibilities of injury from other parts. Cleaning them just requires a wet piece of cloth with little cleaning liquid.The opposite most important advantage of those PVC doorways is that they're climate proof. They aren't affected by presence of extra water or moisture since they don't take up any amount. They can not warp in case of direct heating. Also, they do not lose their colour when exposed to direct daylight and this has led to their increased utilization worldwide. Another good motive why PVC doorways are fashionable is that, under regular circumstances, they are generally straightforward to take care of. Cleaning a PVC door is relatively easy to do. All it's good to wipe its surface clean and it'll look pretty much as good as new. Furthermore, PVC doors don't require stripping or repainting, and are typically quite sturdy. The identical can't be said of conventional wooden doorways, significantly those which can be sensitive to moisture and chemical compounds. Traditional wooden doorways require cautious maintenance to be able to preserve their appearance and wonder. Initials PVC stands for polyvinyl chloride which is a chemistry time period used to discuss with a certain type of material which may be very durable, has great insulating traits and does not emit any harmful fumes under regular conditions. Its chemical properties could be modified so that it turn out to be very robust and stiff like in a PVC door and even very flexible like in an inflatable swimming pool. PVC is getting used all around the world due to its power. The following are the advantages of PVC doorways; PVC door does not require upkeep, repainting or stripping and you solely need to wipe its floor occasionally for it to look good. Compared to timber door body which shrink and develop over time, PVC door body often remain steady as it is 100% water proof. Whereas doors from other materials discolor and fade if they're exposed to direct daylight, PVC’s one does not fade or discolor as a result of it is extremely UV resistance and thus it can remain looking new for a very long time.

Why should bricks and mortar, wood and paint, increase in price even faster than inflation? It is because not only is the currency diminishing in its worth relative to fixed objects, but belief in the currency is diminishing even faster, at a geometric rate. Thus the conventional wisdom, that what goes up must come down, may be false physics

REITs do a decent job of combating inflation. The best choice is Vanguard REIT Index Fund; other relatively low-cost choices include Cohen & Steers Realty Shares, Columbia Real Estate Equity Fund, and Fidelity Real Estate Investment Fund.

Let is not forget what real power is: THE CREATION OF ECONOMIC GROWTH OR DEPRESSION. THE CREATION OF WAR, INFLATION AND THE ECONOMIC DOWNFALL OF ENTIRE NATIONS AND CULTURES. These aren’t natural phenomena. These are deliberately created events. Henry Ford, the American automobile manufacturer and member of the global elite, put it as follows: “It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” In other words: “we are being lied to”. Over the years, the lie has become so universal and complex that we struggle to comprehend it. As a result, this is what the situation is: a relatively small group of people is in control of the planet, based on this illusion.