Inflation since the American Revolution. Key events: Creation of the Fed (1913) and Nixon’s cancelling the direct convertibility of the United States dollar to gold (1971.) “Since that time, America has seen a period of non-existent real wage growth and a huge gap grow between the rich and the poor ever since.” Which the pols propose to “cure” with more of the same. “Paper money eventually returns to its intrinsic value – zero.” – Voltaire
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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