Lessons from (for) the market.

It was a panel discussion on financial turmoil, on an apt day when the stock market crashed a 1000 points. an event organised by Liberty Insitute and FNF.

Lessons that I learnt:
1) Food tastes good when shared from the same plate.
2) Fish fry and ice cream do not go well.
3) No one wants to sit in the front row.
4) The Moderator can not have an opinion, so what if he is the most suited.
5) Political fall out and comments are avoidable.

Lessons that I did not learn:

1) I am not convinced that inflation is not a problem.
2) That trade deficit is also not a problem.
3) That printing fiat money is also not a problem.
4) That only liqudity is a problem?
5) How will it affect me, if I do not get loans anyway, do not invest in stocks- basically if I live in a village, like rest of India?