Screener confiscates them anyway, because of their “material and appearance.”
Because they’re not actually a threat, screener leaves them at the checkpoint.
Everyone forgets about them.
Six hours later, the next shift of TSA screeners notices the pipes and — not being able to explain how they got there and, presumably, because of their “material and appearance” — calls the police bomb squad to remove the pipes.
TSA does not evacuate the airport, or even close the checkpoint, because — well, we don’t know why.
Because your cash will be worth 18% less in 10 years, and gold will be worth at least 18% more.
Nothing else can guarantee that rate of return.
For years, it was an unwritten rule. As of yesterday, it’s official policy: The dollars in your wallet are destined to lose at least 18% of their purchasing power during the next 10 years.
Lost in the noise of countless Federal Reserve announcements yesterday was a formal target of 2% annual inflation.
Actually, it’s worse than 18% over 10 years. For the Fed’s favored measure of inflation is not the heavily gamed consumer price index — CPI — or the even-more-gamed “core” CPI that assumes your cost of living isn’t really affected by food and energy.
After all, CPI is currently running 3.0% year over year. Whoops, too high. Core CPI is 2.2%. Still too high.
The Fed prefers something called “core personal consumption expenditures.”
That number is currently running 1.7%.
Voila! Applying the logic only central bankers are capable of divining, there’s not enough inflation!
If you happen to go off the road and get stuck in a ditch, how long could you live in your car before you get out and walk up the street for help?
CASSIA COUNTY — The Cassia County undersheriff says it’s one of the more bizarre cases they’ve ever investigated. A Texas woman lost her way and ended up stuck in a dairy drainage pond for about five days.
Keesler ate Peanut Butter M&M’s and drank bottled water for an estimated five days.