(3 of 4) - Bob Simpson:the mortgage crisis (IMBA speech)
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9:44
(2 of 4) - Bob Simpson:the mortgage crisis (IMBA speech)by chroda59271 views- 9:30
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olimpiadi 2008by cazzone2000352 views
I wrote about that, I called it "localized inflation", I think this is a fascinating phenomenon the prices always seem to reflect the effort used to obtain the cash. - it seems to be a behavioral phenomenon, if you are given 1000000 in a lottery, your more likely to blow it than if you worked for it, and I think this phenomenon is what is behind inflated drug prices - people on social security are given their money and they spend it accordingly.
Wcoltd 3 years ago