Goldtent TA Paradise

Biden Says Inflation ‘Slowing’

1. Gold Learner says:

   December 10, 2021 - 12:51 pm at 12:51 pm

   Sir JSK,
   Allow me to give a very simple analogy.
   Growing up in India, in the 1980s and 1990s:

   (i) There were no private radio or TV channels … only government owned media
   (ii) Communal riots were a frequent occurrence
   (iii) As soon as things got a little out of control, meaning the local police were not able to control the rioters/arsonists, the State Governments used to seek the help of the military/army, especially when curfews were violated. The army was given “shoot-at-sight” orders to take out anyone who violated the curfew.
   (iv) As soon as the military was deployed, the government media used to one phrase: “situation is tense but under control” a.k.a. the lack of normalcy is transitory
   (v) Even as a kid and later an adolescent, I figured out that whenever the above pattern of events repeated, the statement in (iv) above was a lie. That is, the situation was dire. Nothing was under control.

   The same applies to the inflation story in the USA today.

   GL

   • JSKauai says:

     December 10, 2021 - 1:42 pm at 1:42 pm

     GL, thanks for sharing that… just curious where in the world are you live now?

     • Gold Learner says:

       December 10, 2021 - 2:23 pm at 2:23 pm

       Sir JSK,
       Many thanks for reading my reply.
       I live in Northern California / Silicon Valley / Bay Area. I have been here since Nov. 1998 when I left New Delhi.

       GL