Two headlines got my attention yesterday. One said:
Bangko Sentral sees May inflation at 8.8-9.6%
The other said:
March money supply up 9.6% on year
Coincidence?
Milton Friedman (the Nobel prize winning economist) is famous for saying that “Inflation is always and everywhere a monetary phenomenon. To control inflation, you need to control the money supply.” To learn more, listen to this podcast of Mr. Friedman.
In the area of the Kŭmgangsan-mountains, the company Hyundai established and operates a special Tourist area. Traveling to this area is also possible for South Koreans and US citizens, but only in organized groups from South Korea.
ccsp
We are obsessed with the past and future. It’s very rare that most human beings are in the present. They think about their past travels and where they will go tomorrow. Many people have a difficult time “just being” present. Unfortunately, life is fleeting and will be gone within a blink of an eye. Take it all in today and forget about tomorrow.
ccsp
if we see anything with aware. we will find a lot of “coincidence” in our life. especially with economics. there a lot of “coincidence”..
Posted by rainer at June 29, 2010, 1:43 am
I believe that nothing in this world will ever be coincidence by the simple fact everything is influenced by something in order to happen or move. Lalo pa dito sa Pilipinas.
Posted by Philippines at October 10, 2009, 9:49 pm