Today;s Tids Issue 5,191
Inflation and Tsunamis:
While we aren’t looking, politicians tend to use this threesome to maintain control over even the smartest of individuals: Scare, Confuse, Distract. Think about it.
I’ve been told that then designing a beautiful pot of flowers, remember the three-word rhyme. “Fill, Spill, Thrill”. I think that is pretty good advice.
Everything looks better, feels better, reads better in threes. If you can only think of two things, dig deeper and find a third. You will always feel more comfortable with your results. Except of course in love, the perfect twosome, always the sublime.
For most people, J6 morning hearings on Network TV only means that they are missing “Let’s Make a Deal” and "The Price is Right”, And they are madder than hell about it.
The Question:
Can you name the three (Or five) greatest, most destructive Tsunamis? Bonus: According to Economists, (As opposed ot scrambling for life politicians) what are the three main causes of inflation?
The Headlines:
--Consumer Spending Unexpectedly Drops In May; Decline Shows Up In Online And Brick And Mortar Buying; Consumer Prices Riase By 8.6%.
--Markets Open Higher But Investors Eyes Firmly Fixed On Afternoon Powell Rate Hike Decision.
--McConnell Steps Up Signaling Support For Gun Control Deal.
--Two California Policemen Killed In Ambush.
--In SC Congress Primary Votes Trump Splits; Jim Rice whF Voter for Impeachment Loses; In Texas, Nancy Loses A Dem Seat In Special Election – Repub Mayra Flores 1st Mexican Born Congressperson Wins; Serious Progressive Loses In Nevada...
--Musk Votes Republican For First Time; Indicates Like For DeSantis.
--RI Legislature Pulls A Fast One To Vote In Gun Owner Restrictions Including 10 Bullet Magazine Maximum.
Ten years from now Tids maybe a little grouchy. Naysayer are predicting the end of the Florida citrus business. Where will I get my grapefruit juice, that nectar that brings a smile to my face and energy to my body each morning,
I decided to do an “Obit Lottery” this morning and found the average age a hardy is 85.86666. Let’s hear it for life
Did you know that the gigantic Florida citrus industry is being held hostage by one itsy-bitsy illegal alien insect that somehow snuck in here form Asia without going through customs. Uncontrolled people, produce and pest immigration will generally result in chaos.
When finishing my haircut, the barber will always hold up a mirror so I can see the back of my head. What am I supposed to say, glue on a couple of clumps under my right ear.
Latest news flash on the Web: Shop clerk fights off armed robber with labeling gun. Police now looking for thief with a price on his head.
In case you are interested, long time super Tech investor guru Cathie Wood says, “We are not overly concerned (About inflation) because we are already beginning not see signs of pressure easing.” "We have long believed that this inflation is a onetime shock to the system, though it lasted longer than we thought.” She points out lower shipping rates and retailer discounting due to high inventories. In other words, the old “Demand/Supply” thing. And supply is coming back. Isn’t it.
200 boats are in town ready to take off on the annual Newport to Bermuda race. The good news is that they are all powered by wind, not under power sucking away on pricey diesel fuel. A lot of power boats seem to be hanging around the harbor more. One good trip up the bay and you may have to sell your house.
Personally, I think walking over burning coals as a team building exercise is a bad Idea unless oyu all want to meet in the burn ward of a hospital and tell lies about how great it felt and how proud you are.
Today is National Prune Day. That could mean w either it’s ok to drink that gooey brown liquid or you can expose your face to the sun as a long as you want. I’ll take grapefruit juice, thank you.
The Answer:
The five most destructive tsunamis are 2004 Sumatra, 2011 North Coast of Japan, 1755 Lisbon Portugal, 1883 Krakatoa Indonesia and #5, 1498 Enshunada Sea Japan. Some huge modern-day Tsunamis are 2018 Palu Bay Indonesia, 2018 Sandra Strait and 2910 Mauri Chile. Bonus: Inflation feels like a relentless Tsunami. "The simple story is too much money chasing too few goods and services," Economist Dean Baker. Reasons: Demand is greater than economy’s ability to produce. Increase in cost of materials pushes increases in prices. Money supply increases faster than production. Devaluation of a country’s currency. Higher wages allow people to accept higher prices, which tends to stimulate continuous price increases. (Covid giveaways created perceived yet unsustainable income.) Polices and regulations that increase costs or artificially change an economy. For this one it seems it is a result of dumping money into an economy stifled by blocked supply chains. This is a recipe for inflation ever was one.
Everything in threes is generally pretty good except in Baseball. Yeerrrr Out!
Humans try to tame all that we see, all that be.
But never controls the relentless, angry sea.
And apparently, the inflationary spree.
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