{"id":18232,"date":"2021-06-14T07:29:48","date_gmt":"2021-06-14T14:29:48","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18232"},"modified":"2021-06-14T07:54:22","modified_gmt":"2021-06-14T14:54:22","slug":"overnight-news-wanna-whip-inflation-double-your-productivity","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18232\/overnight-news-wanna-whip-inflation-double-your-productivity\/","title":{"rendered":"Overnight News: Wanna whip inflation? Double your productivity."},"content":{"rendered":"

\"Ya

\u201cDon’t let the fancy breeding fool you: All dogs are garbage-eaters before they are anything\u00a0else.\u201d<\/p><\/div>A recession might be awful, but it’s not all bad: The cause of the downturn will be poor investment choices, usually, and trimming those weeds makes the whole garden healthier, just by itself. But the downturn will also incentivize and spotlight better ideas, with the result that the economy emerges from the recession not just richer but wiser.<\/p>\n

These are two of the things that happened last year. I can’t tell you which business closures were not awful \u2013 all of them were to the owners and staff \u2013 but I can tell you that many of those firms were de facto<\/em> Coronavirus patients, anyway: Already dying of something else. Meanwhile, a lot of ships got tightened up and a lot of new ideas got traction.<\/p>\n

We know we’re headed for inflation: What was one-dollar-one-donut is now a two-buck commitment \u2013 shooting for five. The thing to watch for, going forward, is better, cheaper donuts.<\/p>\n

We screwed-up big-time last year \u2013 and yet no one in America missed a meal. “There is a lot of ruin in a nation,” said Smith, and in that we are lucky. But there are riches in recessions, too. We can but pray that the productivity gains we can so far barely glimpse will outpace the Treasury’s printing presses.<\/p>\n

In other news:<\/em><\/strong><\/p>\n

Victoria Taft:<\/strong> The Number of Small Businesses Destroyed by COVID Lockdowns Will ASTOUND You.<\/a><\/p>\n

The Daily Mail:<\/strong> Police retirements have soared 45 PERCENT since BLM protests erupted and Atlanta homicides have surged another 60 percent up from historic high in 2020 after 200 cops quit.<\/a><\/p>\n

Zero Hedge:<\/strong> Lumber Prices Record Biggest Weekly Drop Ever As Supply Increases.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cDon’t let the fancy breeding fool you: All dogs are garbage-eaters before they are anything\u00a0else.\u201dA recession might be awful, but it’s not all bad: The cause of the downturn will be poor investment choices, usually, and trimming those weeds makes the whole garden healthier, just by itself. But the downturn will also incentivize and spotlight […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18232","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":14390,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14390\/what-might-have-happened-if-the-nar-had-not-caused-this-economic-downturn-we-dont-know-what-we-know-is-that-the-national-association-of-realtors-was-the-sine-qua-non-cause-of-the-great-recession\/","url_meta":{"origin":18232,"position":0},"title":"What might have happened if the NAR had not caused this economic downturn? We don’t know. What we know is that the National Association of Realtors was the sine qua non cause of the Great Recession.","author":"Greg Swann","date":"April 5, 2011","format":false,"excerpt":"This post is grown from a comment left by Brian Summerfield, editor of Realtor magazine. Before I begin, I want to commend Brian for daring to show up here to debate this topic. I think he's wrong, but the man has more guts than the people who pay him. Now\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7491,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/7491\/after-the-great-recession-what-will-real-estate-be-like\/","url_meta":{"origin":18232,"position":1},"title":"After the Great Recession: What Will Real Estate Be Like","author":"Glenn Kelman","date":"March 16, 2009","format":false,"excerpt":"Over at Redfin, we've been wondering plenty what the world will look like after the Great Recession. It feels as though we're falling and falling, like Alice in Wonderland, with no idea what strange new world awaits us at the bottom of this very deep downturn. What will the Internet\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8270,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8270\/stress-tests-and-wells-fargo-a-tin-foil-hat-production\/","url_meta":{"origin":18232,"position":2},"title":"Stress Tests and Wells Fargo: A Tin Foil Hat Production","author":"Sean Purcell","date":"May 7, 2009","format":false,"excerpt":"Today the Fed releases the results of the banking industry \"stress test.\"\u00a0 You remember this test right?\u00a0 The Fed created a scenario of economic failure well beyond what is already the worst economic downturn in seventy years.\u00a0 They then evaluate the banks' ability to withstand this Armageddon against the Fed's\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4924,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4924\/citing-market-downturn-redfincom-cuts-headcount-by-twenty-heads\/","url_meta":{"origin":18232,"position":3},"title":"Citing market downturn, Redfin.com cuts headcount by twenty heads","author":"Greg Swann","date":"October 13, 2008","format":false,"excerpt":"Via intrepid startup blogger John Cook from his new weblog Where are John and Todd?:Redfin today said it is cutting 20 percent of its staff as the Seattle online real estate broker prepares for what Chief Executive Glenn Kelman described as a \u201cbig dip.\u201d About 20 employees were let go,\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3282,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3282\/casual-friday-caption-this-photo\/","url_meta":{"origin":18232,"position":4},"title":"Casual Friday: Caption this photo","author":"Greg Swann","date":"June 27, 2008","format":false,"excerpt":"My entry: \"Because I happen to like Argyle socks, that's why!\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3822,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3822\/caption-this-photo-president-bush-at-the-olympics\/","url_meta":{"origin":18232,"position":5},"title":"Caption this photo: President Bush at the Olympics","author":"Greg Swann","date":"August 9, 2008","format":false,"excerpt":"My entry: \"A gentleman always makes eye-contact.\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18232"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18232\/revisions"}],"predecessor-version":[{"id":18234,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18232\/revisions\/18234"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}