I have no idea. UT is pretty smart on this stuff. You know what's neat? We watched Cinderella Man tonight. My girls are in middle school and started to pepper me with questions about the depression and our family. We got into debt and monetary policy. Kids are freaking bright. They asked the questions that needed asking. I explained how my anti-debt madness makes little sense now while the Fed is devaluing the dollar and how we're in kind of the opposite situation from the depression when money was too tight. I explained how my Grandfather went into the depression without debt or cash but was able to feed his family and pick up a lot of land as the depression rolled on.
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If you would only recognize that life is hard, things would be so much easier for you.
- Louis D. Brandeis
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