Author: Lloyd Graff

My son Ari was going to Peru on an adventure vacation a month ago. I thought it would be useful for him (and me, too) if he had a person in the country who he could call as a resource in case of a problem or perhaps just to meet up with for an hour in a cafe. I know exactly one person in Lima, Peru, Marco. We had sold a Wickman screw machine to him 10 years ago. We reconnected last year because he was looking for an INDEX CNC multi-spindle. He came to the US and looked at…

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What if the popular wisdom is wrong? As usual.  For many decades, the consensus was that if inflation gets too hot, the Federal Reserve must raise interest rates to tame it. Reduce demand for goods and services by making them more expensive, then people will purchase less and the pressure on prices will seep out like air in a balloon. It makes sense, seemingly. The Fed is the only powerful force capable of doing this in the American economy because Congress and the President have become helpless beasts stuck in Washington sludge, incapable of reducing federal spending. But in 2022,…

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You are confused about inflation, interest rates, recession—your job. I’m not going to act like the Wall Street economist who knows less than nothing, but proclaims there is a 10% to 90% chance of recession to justify their million-dollar paycheck.  I’m going to tell you what is going to happen over the next year. Give me a grade next July 4th when the fireworks go off. *** Inflation has peaked. The statistics may not show it this month, but car prices are no longer demanding premiums, used cars are more plentiful, and there will be even more available next month.…

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Father’s Day came early for me with the end of the NBA Finals.  The Golden State Warriors won the championship with four of the five players with the most minutes in the final game being the sons of former NBA players. The fifth, Draymond Green, had his Michigan State coach, Tom Izzo, in the stands who was his father figure. Steve Kerr, the coach, has a father story worth relating also. The Warriors have a culture unlike any other in the League. The leader of the band is Steph Curry. His dad, Dell, played 14 years in the NBA. Quite…

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I feel like my 20,000-square-foot house’s lot is a wildlife preserve.  Three weeks ago, a deer gave birth to a fawn in a group of bushes in our backyard. The baby lay well-hidden while its mom left for long periods because deer know how to be discreet around potential predators. She would come back in the early evenings to nurse and clean the fawn, then quietly leave when she saw her baby was hidden away again.  This went on for a couple of weeks. My wife sensed the phase was over, opened our fence, and we have not seen the…

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Why aren’t kids wanting to go to college, especially guys?  I’ve been intrigued by this question since seeing the stats showing college enrollment continually dropping over the last decade. We are now at the point where women comprise almost 60% of college students, although in our politically correct world I am probably offensive to some if I choose a gender.  We just received the latest bombshell from the esteemed Harvard College newspaper, the Harvard Crimson, which published an unsigned group editorial in support of boycotting Israel for its apartheid policies towards Arabs.  I see this as related to the falling…

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The war in Ukraine is a genocide. The economy is a perplexing complex of boom and missteps. Politics has degenerated into angry posturing and eliciting cheers from your fans rather than changing the minds of voters who are capable of listening to challenging ideas.  Today I will write about SPORTS. *** The NBA playoffs are in mid-flight, and I am loving it.  The game has evolved. The caliber of play is much better than I have ever seen. Defense is active, incredibly athletic, and mobile. It has to be better, because the 3-point shot has revolutionized the game since Daryl…

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Elon Musk is buying Twitter.  The announcement came the same day that Twitter announced that it was blocking climate change deniers. I don’t know for sure if there really is significant climate change going on caused by fossil fuel usage, and I doubt anybody does. To me, the economic and societal rationale for Twitter is to provide a vehicle to discuss just about any topic online. When the “progressive” managers of Twitter felt the topic was too dangerous to allow differing opinions, it left itself wide open to a brilliant business person like Musk to step in with his fortune,…

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My family celebrated Passover this past weekend. It is called the “Holiday of Questions” for many reasons, but especially to pull children into the story of the Israelites leaving Egypt, hoping to reach the Promised Land despite all obstacles.  My 6-year-old grandson is an inquisitive boy, and we enticed him to join the storytelling by promising him a prize for each good question he asked or answered. (He was the only youngster present). The questions quickly gravitated to the Israelites being slaves in Egypt. He wanted a smart 6-year-old’s definition of slavery and slave masters and why the slaves desperately…

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I hate unions. I love Amazon. I’ve made a bundle on its stock. Their delivery service was a lifesaver during the COVID pandemic.  Yet the story of Chris Smalls and the first union victory against Amazon Corporation at one warehouse, JFK 8 on Staten Island, excites me. It is a classic story of underdog triumphs against the Godzilla of American corporations.  Amazon had two union elections last week, Birmingham, Alabama and Staten Island, New York. Amazon easily crushed the corporate union types who spent lots of money and brought in professional organizers from New York City to wage their battle…

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