Commentaire sur les marchés, l'économie, l'entraînement, la nutrition, et tout ce qui attire mon attention.
'The Growth of Knowledge depends entirely upon disagreement.'
- Karl Popper (1902-1994)
jeudi 11 mars 2010
La citation du jour
When you get to the Bank of Canada's Web site, it says "We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable." Do a little search on the same Web site, however, and you discover that since the Bank started its operations in 1935, the dollar has lost about 94% of its value. A basket of goods and services that cost $100 in 1935 would cost $1600 today. That's some preservation!