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- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- How Obamacare Got Its Groove Back - On Health Expenditure Growth and Physical Outcomes
- #JanetYellen is still pretending the Fed will eventually allow its balance sheet to shrink. It won't shrink, it will explode to new highs!
- The Gold State Coach was commissioned in 1760 and built in the London workshops of Samuel Butler. The thing measures 24-feet and weighs about 4 tons. http://bit.ly/2mWKMOy
- Please appoligize to #LizClaman if you sent her a nasty tweet. It was not even her show that cancelled me. In fact, she invited me on next week. I was actually booked on the show following hers. I got it mixed up. But they cancelled for a ligit reason.
- @ClaytonVeltkamp That is the big problem with twitter. There is no way to correct typos.
- Any investment advice besides "buy gold bars"?
- #janetyellen continues to pretend that the U.S. recovery is still on track, and that future interest rates hikes are just around the corner.
- The one thing that might prevent a bond market crash is for the stock market to crash first. Ironically stock market investors should be rooting for the latter.
- Law of demand and panic buying
Friday, February 26, 2016
ELI5 - Originary Interest
I'm listening to "Human Action" as an audio book on my commutes, and missed exactly what "originary interest" is. (Paying attention to driving, passengers, and Human Action can require a bit more focus than I can deliver on a consistent basis.) Can someone give me a quick explanation of originary interest? Feel free to dumb it down if that helps. I'll be listening to the chapter again, but I'd like to go back with a better understanding as it seems fairly important.