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Showing posts from May, 2015

How to remove and replace a Moen shower cartridge?

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Based on estimation, our shower cartridge may have been used for at least 14 years. Now it starts dripping. Here we discuss how to remove and replace it (i.e. a Moen shower cartridge). Before You Start For any plumbing project, you need to turn off water at the shutoff valve and drain remaining water from the faucet first. Depending on where you live (i.e., cool or warm area), your water shut-off valves may locate at different areas of your house. [1,2] In a small Texas town where I live now, the main water shut-off value is located inside the meter box near the curb. In our city, only authorized city personnel are allowed to open and work in the meter box. However, most newer homes in our area have additional shut-off valves located near the house in the flower bed. After locating the valve, you shut if off by turning it clockwise and on by turning it counter-clockwise. Finally, depending on the size of your house, draining remaining water from the pipe may take...

How to Invest in A Rising Rate Environment?

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(Updated on 12/27/2021) To see broad and persistent price inflation in an economy, we generally need two things . The first is a persistent rise in broad money supply , and the second is a physical constraint on our ability to produce more commodities, goods, or services cheaply . ― Lyn Alden  Declines in the working population relative to the nonworking population is an inflationary force. ―  Jesse Felder After all, populism , protectionism and deficit spending are all inflation ary . ― Deutsche Bank's Aleksandar Kocic Inflation Awakening (July 2018) ―Pimco In truth, inflation is all about the destruction of confidence in a fiat currency’s purchasing power . And there is no better way to do that than for the government to massively increase the supply of money and place it directly into the hands of its citizenry. In other words, helicopter money and Modern Monetary Theory (MMT) were deployed—and in a big way. The result was the largest increase of inflation in 40 ...