Sunday, May 31, 2015

RL May 31 15

Education
The Ferguson Effect
Executive
Military
BtF:

Friday, May 29, 2015

RL May 29 15

Foreign
Think
Police
Executive
BtF: Baltimore, Gun, Healthcare, The Mess, and The Other

Thursday, May 28, 2015

RL May 28 15

The Left
Freedom Of
Left Think
Baltimore
Foreign
 BtF: Executive, Economics, 2016, The Mess, Think, and The Others

Wednesday, May 27, 2015

RL May 27 15

Amnesty
  1. …White House: Fifth Circuit Judges Misinterpreted The Law
  2. Appeals Court Refuses To Lift Hold On Obama Amnesty
Economy
China
Regulation
Freedom Of
Think
BtF:

Tuesday, May 26, 2015

RL May 26 15

Iraq
ISIS
Clinton
Freedom Of
Think
 BtF: Foreign, Congress, The Mess, Guns, Executive, and The Other

Friday, May 22, 2015

RL May 22 15


Foreign
Freedom of
Clinton
Congress
Economics

Thursday, May 21, 2015

RL May 21 15

The Mess
Elections
Iraq Invasion
Guns
Bureaucrats
"Protest"
Freedom Of
BtF:  Think, Congress, Union, Foreign, 2016, and The Others

Tuesday, May 19, 2015

RL May 19 15

Benghazi
Bush
Freedom Of
Gun Control
The Mess

Sunday, May 17, 2015

Bigger Dollar for Mad Men

Mad Men is ending so a marathon of all the episodes, the original form of binge watching, is required. Whether it is some reptilian brain learning trigger or just Newtonian inertia I get sucked in too. Some time on Saturday afternoon Peggy gets a job offer for 19,000 a year. She is middle management in the creative department of a New York ad agency in the late 1960's roughly. Fast forward to now, does just adding a zero to that number work? 190,000?

A couple episodes latter she's looking at an apartment, if I knew anything about NY I would remember where,  for 28,000. So 280,000? About that time is when Joane gets her partnership. In that discussion she mentions that 50,000 was four years salary. 12.500 for office manager and some book keeping at the same ad agency, so 125,000. That sounds high for an office manager, if that is a job onto itself any more. An accountant, Okay.

As a rule of thumb lets say multiply by 10 every 50 years. The official numbers say a 1965 dollar is worth about 7.5 dollars today. The U.S. numbers don't recognize that humans breath or eat or something important. Inflation in the past few years has been at or near ZERO. Is your cost of living the same as three or four years ago? In 2015 the number could be negative, falling oil(energy)prices? For ease of argument add a zero every 50 years. Ten dollars 2015 is a hundred in 2065 and a thousand in 2115.

Mad Indeed. Just dump the penny now. Why wait.

A worry is hyper-inflation, adding a zero every month or week. Isn't what we are doing now just glacial hyper inflation. If  the average holds ten dollars today will be the same as 100,000 dollars in 2215, do we just relabel the currency at some point. I think Mexico did that once. There is no way to wholly stop inflation in. The Chinese are playing games with their currency, I suspect reality quietly marches on and will trample their little games.

It would be informative to look at the percentage break down of products cost from Mad Men to now. Not the dollar amounts, the percentage of the final product cost. How much lower is the percentage of material? Is labor as a percentage up? The real interest is in percentage spent on regulatory cost, advertising, and lobbying? The little I knew of economics seems to be up in smoke these days. Although lobbying and advertising might help profits, do they along with regulation drive inflation higher?

Lengthy attacks on the inflation front have been made against the Federal Reserve.  Ignoring that nightmarish tangled mess the Federal Reserve is, an easily explained call it a repair might be possible. If the interest rate is akin to telling a brick layer building a house(a business) how may bricks can be afforded(costs to the business) then it needs to be accurate. If the Fed where restrained within a point or two of an average (plus or minus a preset static amount) of the top one hundred banks that would be more accurate. There are rates for any number of products that are directly on the Fed rate, understandably there will be more than a little adjustment. That seems far more possible that burning the Fed to the ground in one night.


RL May 17

Foreign
School
Islam / Free Speech
Think

Friday, May 15, 2015

RL May 15 15

Congress
UK
Foreign
School
Think

Thursday, May 14, 2015

RL May 14 15

The Left
Religion
Politics
Think

Tuesday, May 12, 2015

RL May 12 15

Obama Race et al.
Congress
The Mess
Religion
UK

Monday, May 11, 2015

RL May 11 15

Bin Laden
Islam
Free Speech
Baltimore ect.
Obama et al.

Sunday, May 10, 2015

Random Links May 09 15

Free Speech
Think
Foreign
Military
Immigration

Friday, May 8, 2015

Random Links May 07 15

Free Speech
Baltimore
Think
Military
Foreign

Wednesday, May 6, 2015

Random Links May 06 15

Free Speech
Freedom Of Religion
The Mess
Foreign

Tuesday, May 5, 2015

Random Links May 05 15

Free Speech
Texas
Baltimore
Foreign