Capitalogix

Here Are Some Links For Your Weekly Reading - March 6th, 2022

Here are some of the posts that caught my eye. Hope you find something interesting.

Lighter Links:

• Putin's Vertical' Empire Will Fall. Absolute Control Is No Longer the Key to Wealth and Power. Innovation Is. (Wall Street Journal)
• Have You Seen World Chess Champion Garry Kasparov's Perspective on What's Happening? (Twitter)
• How Much Did Coach K Make Coaching At Duke? (CNW)
• Single Test For Over 50 Genetic Diseases Will Cut Diagnosis From Decades To Days. (EurasiaReview)
• The Ongoing Labor Shortage Has Hit the Babysitting Market, Where Average Costs Have Surged to More Than $20/Hour to Watch One Kid. (Insider)

 

Trading Links:

• Elon Musk, Head of World's Largest EV Company, Now Says We Need More Oil and Gas. (TheVerge)
• When Will International Travel Return? A Country-By-Country Guide to Coronavirus Recovery. (ThePointsGuy)
• Have You Read The Communist Manifesto? (Fee)
• NATO Countries Have "Green Light" to Send Fighter Jets to Ukraine. (CBS News)
• A Bigger Earthquake Than SWIFT – What the Russia PayPal, AMEX, Visa and Mastercard Ban Means for Bitcoin and Crypto Amid Extreme Price Swings. (Forbes)

 

A Look At Gas Prices

Gas prices feel very high right now ... but are they? Well, obviously, yes. But, the degree is less than most of us would guess. 

schi854 via usinflationcalculator (Interactive Version)

This chart shows the real cost of gas based on inflation. It also goes back to 1992. It makes a pretty obvious case for inflation being the real culprit. That being said, the rise is still worth watching. On the one hand, the rise in gas prices isn't unprecedented; on the other hand, a surge this sharp has only happened five times in the past 30 years ... and it's been over a decade since the last time it happened.