My phone was dead the day after I came back from Cancun, so this is what I got from my friend when I turned it on
She also sent a text to Mike during that period asking, “She back bro?”
Everyone’s sense of humor sucks besides mine
This internship is just showing me that this company is like, my ideal work environment and the work is actually useful and I’m making friends quickly and the office is so awesome and I can’t believe I just stumbled into this
thank you based god
Cancun was pretty sick
welp pirating music on the airport’s server is probably slightly riskier than average but yeezus
Hey so this is is actually kind of an impressive statistic. Right now, the Federal Reserve is taking all these unprecedented emergency measures to boost lending and make more money available. These are things that tend to raise inflation, and Fed officials have had to make the point over and over that higher inflation is a worthwhile tradeoff if it means employment and spending growth.
Anyway turns out there’s not that much of a tradeoff at all. Because it turns out that inflation isn’t a problem at all. Actually, it’s so low that it’s possibly kind of worrisome. When inflation is really low (especially if it’s negative) people start to wait a bit longer to buy things - because if it’s going to take less dollars to buy the same thing in a year, and you’re paid in dollars, you might as well wait a bit. This is where Japan has been for the last twenty years, and it’s been mighty suboptimal. Less people buy things, so the economy shrinks, so the currency deflates. Spiral ensues.
(Note that since the Fed is already doing a whole bunch of pro-inflation stuff, if the US ended up in a negative-inflation downward spiral like Japan, there’s not much more they could do to rescue the economy. Obviously Congress is totally useless, so this would be a big problem.)
So is the US headed in the direction of a downward spiral? The Fed is worried about it, but big investment firms aren’t. Their logic is that the sectors that are seeing the biggest deflation (especially financial services and healthcare) aren’t really expenses people could defer until next year, so they’re not going to start reducing their spending and triggering a spiral. The Fed obviously has to worry more about low-probability bad events than investment firms, so this might be reasonable.
Personally I’d imagine there are plenty of medical checkups and mutual funds and stuff on which people would be willing to wait until next year if this would mean lower fees (relative to the value of the dollars in which they’re getting paid). But this probably isn’t enough to trigger a downward spiral? I guess we’ll find out.
(via jakke)
I am in Cancun and I am very very brown
It’s just not healthy to be so damn suspicious of everyone. It’s this twisted vanity that even lets you think that people give as many shits about your every action and word the way you think they do.
Social interactions are not crippling for me, but they still require a lot of thought before and during the process every time. They rarely feel natural, even if I have learned to observe and adapt to most atmospheres well— mostly through frequent, often forced, practice. I am trying to figure out which values and standards are inflexible to me, so I can stay true to them without doing cost-benefit analyses on every minor gesture or word or moral or whatever. I wonder if I will ever be able to be comfortable enough in my own skin to not feel the need to calculate my words and actions as rapidly and constantly as I do. It’s exhausting. It makes me irritable if I have to do it for long periods of time. I cannot talk for so long because I cannot do these mental processes so exhaustively for so long. I spend a lot of time alone because it is the only relief from that kind of calculation; it is the only time I do not feel so painstakingly scrutinized, even if I feel like I am passing their tests most of the time. I always wonder if I did or didn’t do or say X, how would that impact, like, their entire narratives of who I am? It will be better when I can learn to know and remember myself—trust myself— in the company of others. At least and especially among those who are closest to me.
