Easter Eggs (17 of 21): Asset Inflation
Preface to all 21 parts: This is a special holiday weekend, because not only does it contain Good Friday and Easter, but it also begins the Slope of Hope's 20th year in continuous operation! Through the weekend, I will be sharing some of my favorite posts from the past, plucked from among the literally 30,000 posts I've created over the years. Here is one of them:
A bicycle ride gave me some clarity, and I wanted to share those thoughts with you now. And the clarity wasn’t a total accident. I was going to run an errand on my bike, and I told myself as I got on, “I’m going to think about asset inflation on this ride.” In this absurdly controlled market, one has to strive to create decent content, so I decided to put my mind to work.
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