You:   OMG.  My rent just went up 10%.

Econ PhD at the Fed:   Yes, but when adjusted for 10% inflation, your rent didn’t go up at all.

You:   Are you nuts?  What is wrong with you?

Econ PhD at the Fed:   I went directly into government work after spending 15 years in college.

                                                  ::::::

                             September 17, 2022 Seminar

                              “How I Stopped Worrying

                          and Learned to Love Inflation”

                                         Seminar highlights Include: 

        Will California housing prices fall 50% from current levels –

                                                  or can they double?