In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility, and for unstable prices.
You may take the most gallant sailor, the most intrepid airman, or the most audacious soldier, put them at a table together- what do you get? The sum of their fears.
According to Krishnamacharya , practice and knowledge must always go together. He used to say, practice without right knowledge of theory is blind. This is also because without right knowledge, one can mindfully do a wrong practice.
If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.
Instruction in sex is as important as instruction in food; yet not only are our adolescents not taught the physiology of sex, but never warned that the strongest sexual attraction may exist between persons so incompatible in tastes and capacities that they could not endure living together for a week much less a lifetime.
Michelle will tell you that when we get together for Christmas or Thanksgiving, it's like a little mini-United Nations... I've got relatives who look like Bernie Mac, and I've got relatives who look like Margaret Thatcher... We've got it all.
Civilisation will not last, freedom will not survive, peace will not be kept, unless a very large majority of mankind unite together to defend them and show themselves possessed of a constabulary power before which barbaric and atavistic forces will stand in awe.