Highs against just about every other currency in the world except the dollar now its made a new u. S. Dollar high and as you point out its an indictment a family for you have money is really crashing against against galled now Going Forward you know does that mean in inflation or deflation right this is weird topic because people have different definitions for these 2 words and it usually only goes in june interesting conversation and but what it what year take on it mark my on the accent already takes it away and im austrian and im also austrian in the economic sense of terms and the Austrian School of economics defines inflation this this. Is an increase of the money supply of im pick money supply if you talk about Price Inflation len we again have to specify what a Price Inflation are we talking about are we talking about asset Price Inflation are we talking. The consumer Price Inflation and so on but i mean this year it is inflation i agree to do that different issue and apparently
Accelerating recently as you said and to the moon i think ive got a nice comparison for you here i mean weve saw this billions and actually trillions of money printing recently and that the small calculation so the feds expanded the Balance Sheet by 3 trillion within a very short time recently so what is 3 trillion 1. 03 trillion dollars if you make a staple of 1. 00 coin this is a mind boggling staple of 3003700000 miles and this is a chilly. 20 light seconds so this is actually several times the distance to the moon and this was just created out 2 of nothing within a few weeks and thats i think the real problem which we are facing and and people are waking up to this problem and i think thats a very interesting. Wayne good analogy there with the staples and all that stuff its amazing when you put these graphics and you look at them how really incredible trillions and trillions of dollars as now of course gold is making new all time highs against just about every other currency in the
So were talking to mark malloch about this and mark i want to ask you gold as gong supernova again and its one of the best performing assets of 2020 so far how high does this go and is the price of gold an indictment of the front cover of the economist magazine free money. Yeah well the real question probably is not how high is gold going but holo its the dollar and all of the fear currency is falling and thats i think what were seeing in these this fall has been accelerating recently as you said and. To the moon i think its got a nice comparison for you here i mean weve saw this billions and actually trillions of money printing recently in the small calculation so the fed expanded the Balance Sheet by 3 trillion within a very short time recently so what is 3 trillion 1. 03 trillion dollars if you make a staple of 1. 00 coin this is a mind boggling staple of 33000700. 00. 1000 miles and this is a chilly. 20 light seconds high so this is actually several times the distance to the moon a
Statement overriding sequa findings and that was not unanimous. The omission of an analysis in sequa is an emission so the measure analysis is legal issue. Its was incorrect any use of the design guidelines. Is that it . Yes. Ok, i want to say these pub pubc hearings for 22, 26 and 30 have been held and closed. We are now reconvened as the board of supervisors. We will take up the items related to the exemption from Environmental Review first and that would be items 23, 24 and 25 and we will be making an analysis of the adequacy, act accuracy and completeness of the environmental report, certified by the Planning Commission for the project at 3333 california street. Again, this requires six votes of the board of supervisors. Do we have a motion on items 23, 24 and 25 . Supervisor stephanie . Thank you, president yi. First of all, i would like to start by thanking everyone who came out today to give Public Comment. I do take these appeals very seriously. Here at the board of supervisors
When weighed against the benefits of this project, namely the creation of muchneeded housing, and a more walkable streetscape, the mitigations were found to be sufficient by the planning commission. Furthermore, the appellant proposed alternatives that were similar to two alternatives studied in the eir. Packages of design changes to mitigate the Historic Resource were included in four preservation alternatives in the eir, which are not considerably different from the alternatives proposed by the amelants. Appel. They argue it should have been included in the chapter but similar alternatives were studied and sequa did not require that an eir consider every alternative or combination of alternatives. Based on evidence presented today, it is my belief the final eir complies with the sanfrancisco admin code, providing an adequate impact of the project and thus, will be making a motion to deny the ail peel and affirm the final eir certification. A motion made and is there a second . Second