Jesse's Café Américain

“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny

Showing posts with label deflated. Show all posts
Showing posts with label deflated. Show all posts
16 November 2009

What is a "Nominal" Stock Market Chart Versus a "Deflated" View?

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Lots of interesting questions in the email bag over the weekend. A reader asks 'What exactly is a nominal or artificial stock market ral...
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