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Thoughts from the Frontline Archive, October 2019

Decoding the Fed
  • October 18, 2019

Decoding the Fed

“In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them.

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Our Nuts Are in Danger
  • October 11, 2019

Our Nuts Are in Danger

Life would be so much easier if we didn’t have to worry about our financial futures. Though I suppose we don’t have to worry. Animals don’t. Squirrels instinctively store away nuts and thus live through winter without much thought.

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