link: http://bit.ly/1n2Aw52
Hot And Trending...
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- When it comes to rate hikes, the Fed has no stick: Peter Schiff https://t.co/03BDQJ5SoU
- We could see a significant increase in the price of silver based on supply and demand fundamentals. http://bit.ly/2z34sZf
- Thomson Reuters Raises Gold Price Forecast as Westerners Buy Gold https://t.co/t86J112IAH @SchiffGold
- Spot gold values gained more than 13 percent last year, their best annual performance since 2010. http://bit.ly/2DSInKV
- Ep. 321: Clueless Mnuchin Embraces Weak Dollar Policy: http://bit.ly/2DCFaDo via @YouTube
- #Draghi justifies reckless monetary policy by claiming other central banks are doing the same thing. Did this excuse work on his parents?
- The U.S. dollar is off to its worst start to a year since 1987. We all know what happened in Oct. of that year!
- From King World News. http://t.co/JyaTI63Xaq
- My recent interview with Gold-Eagle: Price of Gold to Rise Significantly in Next Five Years @SchiffGold https://t.co/cBT1nNwPfX
- @Mrmozaike @Coindriller It's not about getting an early lead. Just ask the Atlanta Falcons.
Tuesday, January 5, 2016
The Economy of the Star Wars Galaxy [small spoilers]
I enjoyed the new star wars movie, but I couldn't shake a certain sense of disappointment that I couldn't place until thinking about it later. It eventually came to me that what was missing from the movie was actually economic prosperity! The end of The Return of the Jedi was so exciting because both Darth Vader and the Emperor had been killed, leading to impromptu mass celebrations in streets all over the galaxy. Beings everywhere were apparently experiencing a new found sense of freedom and optimism about the future. Flash forward 30 years to the new movie, and what improvements do we see? Zero. For all intents and purposes the general standard of living of the populous appears exactly the same - which might as well be considered negative when considering the opportunity costs of all that time passed. I mean a droid built by Annikin 60ish years ago is still in regular use with no obvious upgrades? The millennium falcon is still a match for newly built star ships? Han is still a small time hustler and Leia is still in fatigues tromping around from planet to planet directing individual battles? Work for food arrangements still survive? Color me disappointed. The story was compelling, but in my heart of hearts, I don't think George Lucas would have let the familiar trump the possible like J.J. did.