In response to a question about the outlook for interest rates, Doug Casey told the following joke:
Einstein dies and goes to heaven. When he gets there, St. Peter meets him at the pearly gates and tells him that he’s sorry, but because heaven operates on a centrally planned economy, there’s a housing shortage, and Einstein will have to share a cloud with three cloud-mates for a while. Einstein is agreeable and is introduced to his new roomies.
The first fellow says, “Professor Einstein, I’m honored to meet you! I have an IQ of 130 and would love to talk with you.”
Einstein replies: “That’s great. Let me settle in and we’ll have a talk about astrophysics.”
The second fellow says, “Professor Einstein, I only have an IQ of 100, but I’m honored to meet you, too, and would love to get to know you better.”
Einstein answers: “That’s fine. Let’s chat over a game of chess later on.”
The third fellow says, “Professor Einstein, I’m not as smart as those other guys, but I’d like to speak with you as well.”
And Einstein says, “So where do you think interest rates are going?”
Source: Doug Casey, Conversations with Casey, June 24, 2009.
