Paper Promises by Philip Coggan


What I realized about reading Philip Coggan’s book was how many things can go wrong when planners try and work with the economy.  (Coggan is a columnist for the Economist).

His book helped me to understand how money works.  It isn’t as simple as members of groups like the Tea Party and Occupy Wall Street would like to portray it.

I realized to a certain degree it doesn’t matter who’s elected President in November.  The economy is in some ways like a wild horse that can’t be broken.

It’s not something I have any control over.  I can only board the train and hope the engineer is competent.  Am I frustrated about that?  No, because it isn’t as though I can gain control or know what to do if I could.

China also owns most of our debt.  I hope you like Moo Shu Pork.

 

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About tucsonmike

I am originally from Brooklyn, New York and now live in Tucson, Arizona. I have discovered a passion for writing. I have five books out now, with a sixth on the way. Take a look @ my book list: The Search for Livingstone An Affair of the Heart The Search for Otzi Griffith Justice in Space. Moriarty The Life and Times of a Criminal Genius Available now on Smashwords - Amazon and Barnes and Noble As to not bore my public with just "Buy my book," I am also interested in baseball, the outdoors, art, architecture, technology, the human mind and DNA. I learned Ashkenazi Jews, of which I am one, have to lowest rate of Alzheimer's in the world. Therefore, I treat my brain as a muscle needing a workout. I enjoy good food, flirtation, beautiful women (I am happily married for thirty years), so just flirting ;) I was considered autistic when I was young, trying to figure out if I have a mild form of Aspergers and learning from that. That is for future posts. You can also see I love history. Enjoy my sarcastic silly look at the world, and making History more interesting than a textbook.
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