Price increase of tennis balls

The new face around the table  where the coffee drinkers regularly meet on a Thursday greeted all and then asked whether the subject of consumer prices and indexes had been discussed. The pipe smoker greeted the newcomer and enquired “Why do you ask such a question? Do you not know the answers or could you… Continue reading Price increase of tennis balls

Wealth and Inflation

The cigar smoker arrived late for the regular coffee drinking session. He was not only late but greeted the other members with a question. What is more, the question was “What do you know about wealth and inflation?”. But nobody  was prepared to start the session in this manner instead of working up a thirst… Continue reading Wealth and Inflation