“Above all, don't lie to yourself. The man who lies to himself and listens to his own lies comes to a point when he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others. And having no respect he ceases to love.” Fyodor Dostoevsky, The Brothers Karamazov "In the last days perilous times shall come. For men shall be lovers of their own selves, covetous, boasters, traitors, heady, high-minded having a form of godliness, but denying the power thereof. Evil men and seducers shall wax worse and worse, deceiving and being deceived." John Henry Newman "You are of your father the devil, and your will is to fulfill your father's desires. He was a murderer from the beginning, and does not stand with the truth, because there is no truth in him. When he lies, he speaks from his own character— for he is a liar and the father of lies." John 8:44
NEW YORK – The Federal Reserve Bank of New York’s Center for Microeconomic Data released the January 2019 Survey of Consumer Expectations, which shows that while short-and medium-term inflation expectations were unchanged, households were generally less optimistic about the economy and about future changes in their financial situation. Expectations that the unemployment rate will be higher a year from now increased for the fourth consecutive month, and expectations about government debt growth increased sharply. Regarding their own financial situation, respondents were less optimistic about future credit availability, and fewer expect to be financially better off a year from now. NY Fed, Survey of Consumer Expectations, Feb 2019
