Interesting monetary times

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The Article

We are pleased to see less and less journalistic attention being given to meetings of the G20. There is only so much of world leaders that anyone wants to see, and if they persist in their stratagems for impinging upon our collective consciousness, the effect is inflationary.

Start with U. S. President Barack Obama, a man who, just two short years ago, was elected to a position in which he might easily dominate the world stage.

The whole earth got to see a lot of him on the campaign trail. Satiation was achieved about the time of his inauguration, and it has been downhill from there.

Thanks in no small part to his own political incompetence (a risk every electorate takes when it elevates a novice), he is now received on the world stage, alike by scriveners and statesmen, as a species of sad joke. Nothing he can say will hold anyone

David Warren
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