11/10/22

A Short Primer on Inflation

The markets were gaga today with an inflation report of 7.7% (annual rate) down from 8.2% the prior month (40-year high) and a monthly rate of 0.4%.

Those are the numbers, but folks seem unable to understand how they apply. So, please allow me to provide an example.

 1. Suppose a year ago, a dozen eggs cost $2.00. With me? Continue reading

09/20/19

Living Large

Imagine if you were this beautiful sleeping baby. [Hey, I said imagine. Try it.] Full disclosure this is My Perfect Granddaughter Tempe — faith, hope, charity, temperance, it’s a Southern thing.

Her Mimi is a Tempe and there are a lot of Tempes on the various branches of that family tree. This particular Tempe is what is called a “spirited” child with a lovely bubbly personality. She is perfect.

You are allergic to eggs (Momma carries the EpiPen with her) and thus you have never tasted pancakes, French toast, a hot dog bun (though you are strong on hot dogs), a blueberry muffin, pizza, spaghetti, or a croissant. You may let the list go where it feels like it needs to go.

Now, imagine that you just found out you are still allergic to scrambled eggs, but you can now eat cooked eggs — see the list above.

In the next few days, this baby will come face to face with her first pizza. She will eat pancakes and French toast. Spaghetti with croissants.

Isn’t life grand? Just imagine the moment at which you discovered the grandeur of pizza! The nobility, the deliciousness, its intelligence expanding quality. Wow!

Is this a great country or what?