Well, this is current yield grants interest rate observer of the air.

I'm Jim Grant, and with me as always is the great Evan Lorenz deputy editor of grants.

And we have a guest today who shall be introduced in the fullness of time.

In fact, there's shortness of time.

But Evan, before we get started with Spencer Jacob and his new book, The Revolution

that wasn't, I want to say two things.

I want to say first that this broadcast is sponsored by grants, interest rate observer.

We have, what, six subscriptions left after today? I think we have six or eight

available for purchase. I'll have to check with Dell, but I think maybe three or four left at least.

Yeah, not many left. But first come first serve, ladies and gentlemen. And the second thing, Evan, and

audience, I would like to point out is that there is an effort of foot, apparently a serious one,

with the backing of institutions as estimable as the World Bank and the International Development Association

to improve the statistical apparatus of Somalia.

A Somali National Bureau of Statistics is going to become, in the words of the press,

really say, a world-class statistical institution, heavily contributing to the development of

Somalia. And what I want to ask you, Evalorins, comma, CFA, is why are they bothering?

I mean, what does, what do financial data have to do with the price of securities?

I am just stumped.

I mean, earning.

Not very much to judge by the last year, but I guess we're following the lead of other financial basket cases like the U.S., which is seeing 7.5% year-over-year increases in inflation.

Well, that's for the time being.

I understand that this is something that will pass, much like actually kind of everything

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