"Early in the 1970s, most Americans had never experienced inflation, so they weren't wary of it and allowed it to blossom. By the end of the decade, they were traumatized by it and assumed that it would never go away." Ray Dalio

Comments

Popular posts from this blog

We cannot live without food, water, clean air, and shelter. Less self-evidently, we require companionship, play, touch, and intimacy. These are all biological as well as psychological necessities (and this is by no means a comprehensive list). #JordanPeterson

The biggest of these Brules is the idea that you need to map out your life to move you toward some ridiculous idea called a career [...] when most people think about setting goals and their visions for the future, their dominant model focuses on career and money. #VishenLakhiani

In today's politics, if you forget that A) your perception of reality has probably been at least a little manipulated, and B) your opponents are behaving the way they are based on a perception of reality that's different from your own--you're bound to get things wrong. #TimUrban