Quantcast

By the numbers


Fernando Mendez | 9/21/2017, 4:57 p.m.
By the numbers

Whenever I see numbers I get horrible headaches. Unless the numbers come in the form of a check made to my name, because then I celebrate for about a minute until I realized that that mopey is already spent from the time I took that last trip to Napa and bought too much wine. That always happens after I taste too much of the product. Anyway, back to the numbers and my headaches. Sometimes when I see these numbers I realize that what they mean is that I will be paying more taxes, will make less money and will pay more for gas, groceries and just about everything. We know that inflation is the cause of our poverty. It used to be that beggars would ask for a dime. Two years ago, around Christmas time, they were asking for a dollar or two. Now they are asking you to buy them a meal or to give them five dollars. But the biggest problem with numbers at this time is what is happening to the people who lost everything in the recent hurricanes. They genuinely need help, because insurance companies--if they had any insurance-- will not give them enough money to recover. It will be like that car insurance commerce that asks whether they “will want you to drive a third of a car,” because they don’t pay for the whole car. Anyway, what got me thinking about numbers was the announcement that the Fed will keep rates steady for now because inflation has been tamed. But there are three rate hikes envisioned. I just wonder what that means in general because when they say oil is less available my gas station numbers change within minutes. I wonder what else will increase immediately based on that forecast. Stay tuned and I will let you know. Aspirin and water before they increase in price.

Click HERE to see in Spanish