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Signs of the Times (Thomas Sowell)
Florida Times-Union ^
| July 12, 2010
| Thomas Sowell
Posted on 07/12/2010 2:55:22 PM PDT by jazusamo
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1
posted on
07/12/2010 2:55:25 PM PDT
by
jazusamo
To: abigail2; Amalie; American Quilter; arthurus; awelliott; Bahbah; bamahead; Battle Axe; ...
2
posted on
07/12/2010 2:58:39 PM PDT
by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
Please bump the Freepathon and donate if you havent done so!
3
posted on
07/12/2010 3:00:41 PM PDT
by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
To: jazusamo
4
posted on
07/12/2010 3:08:04 PM PDT
by
nmh
(Intelligent people recognize Intelligent Design (God).)
To: jazusamo
“Economists have long known that it is not just the amount of money, but also the speed with which it circulates, that affects the price level.”
I found a 1919 wheat penny in my pocket this morning and I’m keepin’ it. Just doing my part to keep inflation down...
Colonel, USAFR
5
posted on
07/12/2010 3:26:02 PM PDT
by
jagusafr
("We hold these truths to be self-evident...")
To: jagusafr
6
posted on
07/12/2010 3:30:55 PM PDT
by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
To: jazusamo
I will never think it’s wrong for individuals or institutions to save. If everyone had been able to survive for a year on their savings, we wouldn’t be in the current mess.
Seems the only objective is to make our economic engine run faster and faster through increased borrowing and complicated deals and this is done at the expense of stability.
7
posted on
07/12/2010 3:33:25 PM PDT
by
frposty
(I'm a simpleton)
To: jazusamo
They say, for example, that the pharmaceutical company Pfizer is holding on to $26 billion... Don't blame 'em, I'm holding on to $14.27 my dam self.
8
posted on
07/12/2010 4:04:04 PM PDT
by
Graybeard58
(We couldn't keep the commandments when there was only ONE!)
To: Graybeard58
” Don’t blame ‘em, I’m holding on to $14.27 my dam self. “
Dang you! Dang you!
They oughta take a rope and hang you!
9
posted on
07/12/2010 4:24:29 PM PDT
by
stephenjohnbanker
(Support our Troops, and vote out the RINOS!)
To: jagusafr
Wheat pennies used to be my dad’s favorites to collect - boy that brings back memories!!
He used to take old pringle cans and collect pennies in them until they were full, but he had a special pringle can just for wheat pennies. I should ask my mom what he did with those...
To: jagusafr
It’s probably got more copper in it than the current batch!
11
posted on
07/12/2010 7:14:53 PM PDT
by
GWMcClintock
("When the foundations are being destroyed, what can the righteous do?" Ps. 11:3)
To: jazusamo
Thanks for the ping jaz. Another good one from Dr. Sowell.
We did donate already, and have received our thankee in the FReepMail also. We hope everybody remembers to send what they can either Pay-Pal, or snail mail as soon as possible, and get this FReepathon as over with as we wish November was.
12
posted on
07/12/2010 7:30:36 PM PDT
by
rockinqsranch
(The Left draws criminals as excrement draws flies. The Left IS a criminal organization.)
To: GWMcClintock
Yes, it does, given we changed to copper-zinc in 1982.
13
posted on
07/12/2010 7:30:52 PM PDT
by
the OlLine Rebel
(Common sense is an uncommon virtue./Technological progress cannot be legislated.)
To: jazusamo
Interesting — I hadn’t thought of low velocity as the reason for the low inflation, but it seems to make sense.
To: rockinqsranch
The FReepathon seems to be progressing faster than it has in the last couple ones and that’s good, maybe it’s a sign of the economy doing a little better.
15
posted on
07/12/2010 7:56:28 PM PDT
by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
To: Yardstick
I hadn’t really thought of that either but it does make sense.
16
posted on
07/12/2010 7:57:42 PM PDT
by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
To: jazusamo
“.....maybe its a sign of the economy doing a little better.”
Awwwww you’re an optimist. :)
17
posted on
07/12/2010 8:08:34 PM PDT
by
rockinqsranch
(The Left draws criminals as excrement draws flies. The Left IS a criminal organization.)
To: rockinqsranch
Yep, have always been the optimist. :-)
18
posted on
07/12/2010 8:10:51 PM PDT
by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
To: jazusamo
>> but also the speed with which it circulates,
Circulation is key - the money must be moving - it’s not.
People on steady income don’t directly experience the ebb, flow, and drought of the economy until they get fired.
Still today, too many cannot make the connection to the economic problems we’re suffering.
19
posted on
07/12/2010 11:36:14 PM PDT
by
Gene Eric
(Your Hope has been redistributed. Here's your Change.)
To: jazusamo
Brilliant, as always. BUMP! :)
20
posted on
07/13/2010 4:45:00 AM PDT
by
Diana in Wisconsin
(Save the Earth. It's the only planet with Chocolate.)
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