This flattery has been rather slow in coming. I think all of sudden late in life now I'm getting some credit for what I've done. Which is gratifying, but it's kind of a little late. ↗
People that went to art house theatre have more options, I used to go, but now think any movie can be delivered in a red envelope three months after it's released so why not watch it on my flat screen in the comfort of home. ↗
Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation. ↗
If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain. ↗
The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure. ↗
The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before. ↗
I trust it will not be giving away professional secrets to say that many readers would be surprised, perhaps shocked, at the questions which some newspaper editors will put to a defenseless woman under the guise of flattery. ↗
