A Money Thought a Day

Beware thoughts that come in the night. They aren't turned properly; they come in askew, free of sense and restriction, deriving from the most remote of sources.

- William Least Heat-Moon

I’m committing to a random thought on money or personal finance per day.

8/16/24

money isn’t just a store of value. for each of us, it’s a store of energy... if you hold on to it too tight, you’ll be unhealthy — a rat running headlong and repeatedly into the wall of a maze. If you’re too loose with it, you’ll ooze like an addict. There’s good money and bad, just as there’s good energy and bad energy.

7/31/24

Today, the Fed met and decided to not do anything.

Our fortunes are dictated by one man. Or maybe a small cabal of white-haired nerds (the FOMC). Isn’t it strange that a shaky macroeconomic model and a scant set of priors dictates the wealth-building prospects of generations? I’m not peddling any conspiracy theories. I just think this is profoundly strange.

5/30/24

Money is a store of value, yes. It’s also an expression of shame. Depending on other circumstances and personal attributes, an excess of shame can make you rich, make you an addict, or both.

10/24/23

It’s wild that we were all brought up on Monopoly. What more pure way to indoctrinate children into the rent-seeking imperatives of capitalist society? Only real difference is that everyone starts in the same place.