So I posted an essay over at The Smirking Chimp because so many of the posts over there are seriously over-emphasizing the gloom and doom, and I wanted people to take a breath. I was talking to my brother recently, and he saw three different prices of gas in the same day at a local filling station, one in the morning, price up at noon, price up again in the evening. I saw something similar a few years back when I was living in Castro Valley. Isn't this like the Weimar Republic?
Not really. My brother saw it last month, I saw it a few years back. In Weimar Germany, it was an everyday occurrence with dozens of commodities. We are a long way away from hyperinflation, and that was the point I was trying to make.
If you read the comments on my thread at the Chimp, you'll see that I'm totally out to lunch, an apologist for the rich and an elitist neo-con.
When I write on the Chimp, I can expect a thousand or so people to read what I write. Here, the number is probably nearer to one hundred. But a lot smaller proportion of the hundred people here are crazy, which is why I do this every day and post on the Chimp maybe once a month.
Or maybe it's just because I'm an elitist. We can't be sure.