Day 1,720: pliant, chip away

A pliant Fed at a time of big deficits—which Mr Trump might increase with more tax cuts—could threaten America’s macroeconomic stability.

In fact, they are chipping away at the free markets which are the ultimate source of the country’s wealth.

America’s extraordinary economy keeps defying the pessimists

Artwork of the day 
Chipped Wall
Burhan Dogancay
Date: 1966
Style: Street art
Genre: figurative

Word of the day 
pliant: being able and willing to accept change or new ideas:
chip away: to gradually reduce something so that it becomes smaller or weaker:

Quote of the day
“Men are born soft and supple; dead they are stiff and hard. Plants are born tender and pliant; dead, they are brittle and dry. Thus whoever is stiff and inflexible is a disciple of death. Whoever is soft and yielding is a disciple of life. The hard and stiff will be broken. The soft and supple will prevail.”

― Lao Tzu