link: http://ift.tt/1oNXuhn
Hot And Trending...
Trending
- "Income Inequality" - What Austrians Understand & Liberals Ignore
- U.S. homeownership rate just fell to 63.4%, its lowest level since 1967, while median monthly rents rose to $804, an all-time record high.
- Lone Star Tangible Assets will build the facility in the city of Leander, located about 30 miles northwest of Austin. http://bit.ly/2yN9fK6
- The surging operating debt is a reflection of a growing deficit since the dollar gold standard was terminated in Au… http://bit.ly/2jr7EqL
- Fiat currency has led to a massive growth of government,inflation, asset bubbles, and weak economic growth. http://bit.ly/2yo1Pk2
- ETFs are backed by physical gold held by the issuer and are traded on the market like stocks. http://bit.ly/2ieky7J
- #Obama is wrong, tax avoidance is not the problem, it's the solution. The problem is the taxes!
- Chinese farmer invested life savings in stocks, lost it all
- We could see a significant increase in the price of silver based on supply and demand fundamentals. http://bit.ly/2z34sZf
- Notice how #JanetYellen does not talk about maintaing price stability, but 2% inflation. Prices rising 2% every year is the new stable!
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.