Hardly a day goes by without news outlets claiming that there has been a new scientific discovery that will revolutionize either this or that which will upend life as we have come to know it. Then immediately after making the pronouncement they state that the full implementation of these new finds is off in the future usually about five years and so it goes time after time. I guess this beats the gloom and doom approach. What both avenues seem to do is focus not on the here and now but the future which is never certain because of the variables that are always in play. It seems to me that people who deem themselves conservative read into the past what they perceived worked. If in fact that were true, then why the confrontations in today’s society? Very little in time remains the same and if at the very least things are not tweaked, they wander from their original purpose to people’s detriment. The operative word is tweaked. Radical ideas – good or bad – if forced create disturbances within society. These uncertainties on a fiscal basis are what’s presently roiling markets.
Education has progressed through the years at an ever more rapid pace since the invention of the printing press. Failure to be aware of this would be partially to blame for the somewhat closed-minded view as to how society should be managed. Ideally a benevolent authoritarian form of government might be best to cure society’s ills but as we know it is impractical because of human nature. What does work however is when no matter the form of government the end result is equitable. Hopefully we are on the road to wisdom that comes from a collective wisdom based on our life experiences.
Wanting to accumulate wealth is not a bad thing. When it is at the expense and discomfort of others, it borders on the criminal. There is an old adage ‘follow the money’. To be sure we must know where it comes from, where it’s going, and how did it get there? I for one have followed today’s goings on in financial markets and over the short term (1/20/25 to today 3/17/25) by doing what the economist’s suggest have seen barely a change. This is contrary to what is promulgated by financial advisers who make their livings by having markets roil.
Hang in and hang on.
JAI BABA
TTFN
JU
