Monthly Archives: November 2010

Wharrgarbl Rhapsody

The poor would benefit most from 0% unemployment and 10% inflation.  It reduces the value of their debt while giving them a job. The rich would benefit most from 10% unemployment and 0% inflation.  It preserves the value of their … Continue reading

Posted in Uncategorized | Leave a comment

Austerity and rules of thumb

A “rule of thumb” is a mental shortcut people use when making decisions.  It isn’t always accurate, but it is easy to learn and easy to apply.  This is usually a good thing, as  it allows people to make quick … Continue reading

Posted in Uncategorized | Leave a comment