The minor story is that I finally (10 years after I should have) graduated with my Undergraduate degree this weekend. On a more interesting note, the keynote speaker was Steve Forbes. The Alex P. Keaton in me was very excited about this. Now, mind you, Forbes is an economic mastermind who was able to explain monetary policy with the sort of ease and analogy that would allow a kindergartener to get a grasp of it (now if the Fed could follow suit). Although I couldn't help thinking what I have thought since the first time he ran for president, "My God, this guy looks like Max, the head vampire from the movie The Lost Boys."
That's right, Steve Forbes is indeed none other than the alter-ego of Edward Herrmann, the actor who played in several roles throughout the years, the most prominent in my mind being The Lost Boys. I almost wanted to take a little holy water my wife procured at her recent baptism and sprinkle it his way to see if any scalding occurred.
All jokes aside, the guy was a great speaker. Funny as hell and able to convince a lifelong skeptic that the economy is as good as ever, yet every finely tuned engine needs the right amount of fuel. The fuel in our case would be the amount of money. Too little or too much and you will never get things running correctly. A good indicator of this is the price of gold on the market with 300 being the sweet spot. Above that and strange things start to happen (y'know, like the dollar being worth squat).
In summation, QUIT PRINTING MONEY! Despite the federal plan, no economy has ever been made stronger by making it weaker. Like he said at the address, if that were the case, Argentina and Zimbabwe would rule the world.
1 week ago