The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.
Deflation isn't good, and inflation is easier to cure than deflation.
When there's deflation, it means that although most markets are shrinking and people have less to spend, the 1% that hold the 99% in debt are getting all the growth in wealth and income. Deflation means that income is being transferred to the 1%, that is, to the creditors and property owners.
I'm just a man. I think people are reacting to something else when they see me. They're not reacting to me, Eddie Murphy. They don't even know me. It's just luck and the God in me they're reacting to.
There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.
The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.
Only one time have I had Twitter open when I was doing a game, and after that I took it off my phone. I said, 'This is so counterproductive. I'm actually reacting to people reacting to what I'm saying, and it can't work that way.'
The good thing about New Orleans is that, overall, it's an accepting place. It's accepting of eccentricity, it's accepting of excess, it's accepting of color, in the sense of culture, not necessarily in the sense of race.
As a whole, [changing] is deflation force that is being underestimated. Whether each person thinks of it in the context of the word deflation ... what they think of it is, "Hard to hold my margin. I'm under margin pressure. I'm under sales pressure. I'm under cost pressure."
It is true that authoritarian governments increasingly see the internet as a threat in part because they see the US government behind the internet. It would not be accurate to say they are reacting to the threat posed by the internet, they are reacting to the threat poised by United States via the internet. They are not reacting against blogs, or Facebook or Twitter per se, they are reacting against organizations like the National Endowment for Democracy funding bloggers and activists.
Accepting the reality of our sinfulness means accepting our authentic self. Judas could not face his shadow; Peter could. The latter befriended the impostor within; the former raged against him.
When I was a teenager, the way some of these kids out here be actively gay, it would have been ridiculed in the hood. And now the hood is a bit more accepting. Begrudgingly accepting, but definitely more accepting than 20 years ago when I was a little kid. That doesn't mean that anybody should stop fighting for equality just because people are begrudgingly a little more accepting.
Once you attach your personality to a proposition, people start reacting to the personality and stop reacting to the proposition.
In a lot of things I'm reacting to a lot of things. I'm reacting to a lot people around me. Sometimes not necessarily saying anything but I just have to be thinking it.
Self-care means accepting some risk, and accepting much responsibility. It is not for all people or all cases.
I've always strived to find those records that people don't know, but they actually go "Wow, what is this?" - and they go crazy to it. To me, that's more rewarding as a DJ, and that's what I always thought a DJ was supposed to do: it's about educating people. Now there seems to be a commercial edge to stuff and people are reacting to stuff they've heard on the radio all day long: to me, that's not what youth culture should be reacting to.