Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans
Tag:

Economics

Inflation Is Good for You (the Intercept)

Introduction LO: This article is counter-intuitive. It makes much more sense to expect that low-income households will feel (much) more pain than high-income households. Hence, I selected it for a review and fact-check. This article focuses on the impact of inflation on debt. In and of itself, it is true that inflation deflates debt in real terms. However, debt is...

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There is no easy escape from the global debt trap (FT)

Financial Times title: There is no easy escape from the global debt trapFT subtitle: No matter what happens to near-term inflation and growth, the world is too indebted for rates to rise much higherOpinion by: Ruchir Sharma (see Note below)Date: 22 November 2021 "One of the big mysteries in the global economy is why, though inflation is making a strong comeback,...

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The law of supply and demand

Last Sunday evening, I suddenly wondered about the law of supply and demand. Also see my blog of Tuesday. Supply will create demand. Demand will result in supply. Once demand and supply reach an equilibrium, a market price emerges. Does this phenomenon extend to the Space and Time dimensions? From an individual's (ie, micro) perspective, a supply of time (eg, a...

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Go with the flow

A salmon lives in oceans or seas but returns to the place it was born in order to lay its eggs (ie, to spawn). That upstream river swim towards the spot where the salmon was born is so exhaustive that salmon "usually die after spawning" (source). I suppose this explains the human adage: go with the flow. Most of us adhere to that adage. At times, we don't like that...

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Where indifference is bliss, solutions are near

In his 1742/1768 poem, Thomas Gray wrote two famous last lines: “[..] where ignorance is bliss, ‘tis folly to be wise”. The old English word "folly" means foolish; bliss is "a state of complete happiness or joy". My blog’s title is a paraphrase of those two lines. Small human problems often arise from misunderstandings and/or wrong assumptions. Both can be solved...

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