with Anthony Newcombe
Date: June _13, 2022
Topic: Inflation: Can we offset it? Here are some thoughts
Everyone keeps talking about “inflation, inflation, inflation.” If you ask me, it’s one of those topics that you don’t even need to discuss to understand that it exists. It’s the “elephant blocking the gas pump. Perhaps it’s the elephant blocking the grocery aisles. Or maybe it’s the same elephant pushing the interest rates to unthinkable levels in such a short span of time.
Backdrop
Regardless of who (or how) we may believe is ultimately responsible for all of this, the fact of the matter is that we are a nation of 330 plus million, living in a world of 7 plus billion people. We are consuming the same air, energy resources, and food at a pace we’ve never seen in history. We’re an aging country that is unable to bring in anywhere near as many replacements as we are (and will continue) losing for the next 15-30 years or more. Oh, and lest we (not) forget, we are still grappling with a pandemic which, predictably, has morphed into a years-long menace.
Solutions
So, where does that leave us? Well, in my humble opinion, I think we might want to pass some of the infrastructure bills that are collecting dust in D.C. The more able-bodied people who are yanked from their video and FB screens and are out replacing some grossly outdated structures around this nation, the quicker we can produce some actual dollars that aren’t printed and sent out from D.C.
Also, this might bring a little fresh air into the lungs of the same kids who are taking over streets our streets, smash-and-grabbing merchandise off our retail shelves, and, of course, breaking into our cars and houses to pick up a catalytic converter or a Rolex watch to sell online or in the black market somewhere.
Yes, I know what you’re going to say. “We need tougher policing – these kids are savages!” (Or something to the like). Perhaps, some are, and in some ways, we do. But I believe the majority have simply lost their way somewhat and need to be shown a legal and hopeful method to win. Raising rents, tuition, ignoring homelessness, and pretending that everything will take care of itself if we just elect (fill in the blank), will NOT do the trick. We need to offset our losses. We need to provide the right sort of distractions. The ones that give a positive new pathway, that burn energy from frustration, that teach new skills, and that, most importantly, supply a focus and the ability earn actual dollars worthy of the effort put in!
Any thoughts?
See you in July 🌥️ (Let’s bring the sun out!)
-A.N.