EPISODE · Aug 14, 2023 · 13 MIN
Real Rates in the Long Run
from Notes on the Week Ahead · host Dr. David Kelly
The only real drawback to my job is the number of flights I have to take - but this is a serious drawback when evening flights get delayed. Without the energy to do any productive work, I often combat the misery by playing board games on my iPad and I’ve lately added Monopoly to my repertoire. I used to play Monopoly as a child, of course, but my strategy has evolved with the years. When I was younger, I hated owning boring railroads. Now I quite like them. They’ll never provide with the fortune you can extract from a guest at your Boardwalk hotel. But if you own all four of them, they generate a nice steady income and sooner or later, someone will pick up the Chance card that triggers the minor windfall of double rent.
What this episode covers
The only real drawback to my job is the number of flights I have to take - but this is a serious drawback when evening flights get delayed. Without the energy to do any productive work, I often combat the misery by playing board games on my iPad and I’ve lately added Monopoly to my repertoire. I used to play Monopoly as a child, of course, but my strategy has evolved with the years. When I was younger, I hated owning boring railroads. Now I quite like them. They’ll never provide with the fortune you can extract from a guest at your Boardwalk hotel. But if you own all four of them, they generate a nice steady income and sooner or later, someone will pick up the Chance card that triggers the minor windfall of double rent.
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Real Rates in the Long Run
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