I know there're a lot of folks out there who have quietly suspected that the country's economy is going to Hell in the proverbial handbasket, but haven't been able to see why others aren't so concerned about it. Does it feel like an economic expansion to anyone? Anyone feel like the price of anything is getting cheaper? An interview available in the this
PDF file is a really short explication for why I'm such a strong dollar bear. If you're unfamiliar with the twin blasphemies of Hedonics and Imputed Income, may they be anathema forever and ever amen, then you might want to invest a 1/2 hour in reading the interview.
At least when the collapse comes, maybe Maddie will let me raise chickens like I've always wanted to do.
Wednesday, March 22, 2006
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