Will not time reveal the lasting importance of friends and mutual respect? Be kind to those who think well of you and those you know and try to add positive elements to your world. Promote peace in your heart and sunshine in the minds of those around you by your own good works. Elevate the level of discussion by thinking less of the issues and more of how you can reduce the tension of stress that arises with honest disagreement. Relax by breathing more deeply and consciously.
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Thursday, 9 December 2010
David Einhorn Explains How QE2 Will Affect The Average American In One Sentence
Why does one suspect that David is right? The problem is not liquidity so much as overhang and debt which increased liquidity probably will not help that much. Could a side effect be weakening of the dollar as it's value in the eyes of domestic holders declines? Perhaps overkill is too strong, but who is this increase supposed to help, the repayers of loans from the government or overextended consumer borrowers? Or, is it some third group of upscale taxpayers who want to get their kids university costs paid for?