Moss takes a minor role

Yesterday’s post gave you a close view of a moss carpet in northwest Austin on November 1st. Many spiderwebs parallel to the ground lay near by, made conspicuous by the myriad dewdrops that had settled on them. Because it’s hard to see details at this scale, click the thumbnail below for a closer look at some of the sparkly dewdrops.

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UPDATE. Six weeks ago I wrote a commentary pointing out that inflation is as much of a tax as any that a legislature imposes on you. Inflation makes your money worth less. People who have lived within their means and saved for retirement—like me!—find that their savings won’t go as far as expected. Those who can least afford inflation—the poor—are affected most by the rising prices inflation causes.

At the time I wrote my commentary, authorities had calculated the U.S. inflation rate to be 5.4%. Since then the figure has been updated to 6.2%, the highest rate in three decades. And still the current administration is pushing to spend trillions of dollars more, despite the fact that our country is already $29 trillion in debt. It’s delusional: borrowing additional trillions of dollars will only drive the inflation rate higher and do even more damage than this year’s profligate spending has already done.

© 2021 Steven Schwartzman