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December 6, 2024 

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REAL ECONOMY: The physical side of the economy dealing with goods, services and resources. This side is concerned with using resources to produce the goods and services that make the satisfaction of wants and needs possible. This should be contrasted with the paper economy, or financial side of the economy.

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Today, you are likely to spend a great deal of time at an auction seeking to buy either a computer that can play video games and burn DVDs or a black duffle bag with velcro closures. Be on the lookout for jovial bank tellers.
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The average bank teller loses about $250 every year.
"Use, do not abuse; neither abstinence nor excess ever renders man happy."

-- Voltaire, philosopher

NYBOR
New York Interbank Offered Rate
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