Analysis of Guy Montag Essay Example

Analysis of Guy Montag Essay Example Analysis of Guy Montag Paper Analysis of Guy Montag Paper Essay Topic: Fahrenheit 451 This shows the mindset Montage has. It Demonstrates how he gets Joy out of his Job. In the society he lives In books are Illegal and firemen start the fires rather than put them out. Montage Is such a man and enjoys It greatly. He Is completely happy with demolishing pieces of history and written pieces of art. As he says, it never went away, that smile. It never went away, as long as he remembered. (Bradbury, 2) On a merry walk home from his beloved Job, Montage is nearly UN over on the side walk by a life altering girl. In meeting Claries, the girl, Montages mind starts working in ways it never had before. With Just one question, Are you happy? (Bradbury, 4) she sets way for future events that otherwise would have never happened. Montage starts to doubt whether the way he lives his life is really Joyful. He starts to realize that he laughs when not really amused and answers without thinking about the question or his answer. He doesnt really think much at all. And Montage realizes He is not really happy in the least. This makes him notice the truth about his marriage, as well. Montage and Mildred Montages marriage is very much empty. When he tries to confront her about how she eels about him she avoids or brushes it aside. He comes to the realization that all she really loves is her television, or parlor. Their marriage eventually deteriorates completely as she comes to believe he is crazy because he made her read with him. She runs away but not before calling his own department on him first. Montage comes to the realization that he hates what he Is and the society he lives In. HIS fascination with books continues to grow, but at first he blames the Hand for It. When he would sneak books Into the house he would curse his hand for the action, hulking It had a mind of Its own. He was a confused Individual because all he knew was books were bad and yet all he grew to want was books. He went to see Professor Faber, a man he talked to years before about books, he found out that It was really he who grabbed the books not his hand. He grew to hate his job and society so much that on a call to his own home he ended up killing his boss. And facing his fear of the Mechanical Hound Ana the very people a day before he thought he liked. The change Montage goes through is grand and amazing. Ignorance was bliss and e fought past it and became an intellectual. People tend to destroy things that they deem a threat to them and that is exactly what the government in Fahrenheit 451 did by televising his death and capture. The entirety of this novel is a story about change, from the first page to the last chapter. With change in italics the novel begins with, It was a special pleasure to seething eaten, To see things blackened and changed. (Bradbury, 1) Montage goes from changing things by destroying them to changing society by preserving know Edge which, in turn, changes him.

Calculating and Understanding Real Interest Rates

Calculating and Understanding Real Interest Rates Finance is riddled with terms that can make the uninitiated scratch their heads. Real variables and nominal variables are a good example. Whats the difference? A nominal variable is one that doesnt incorporate or consider the effects of inflation. A real variable factors in these effects. Some Examples For illustrative purposes, lets say that youve purchased a one-year bond for face value that pays six percent at the end of the year. Youd pay $100 at the beginning of the year and get $106 at the end because of that six percent rate, which is nominal because it doesnt account for inflation. When people speak of interest rates, theyre typically talking about nominal rates.   So what happens if the inflation rate is three percent that year? You can buy a basket of goods today for $100, or you can wait until next year when it will cost $103. If you buy the bond in the above scenario with a six percent nominal interest rate, then sell it after a year for $106 and buy a basket of goods for $103, youd have $3 left. How to Calculate the Real Interest Rate   Start with the following consumer price index (CPI) and nominal interest rate data: CPI Data Year 1: 100Year 2: 110Year 3: 120Year 4: 115 Nominal Interest Rate Data Year 1: Year 2: 15%Year 3: 13%Year 4: 8% How can you figure out what the real interest rate is for years two, three, and four? Begin by identifying these notations:  i means inflation rate,  n is the nominal interest rate  and  r is the real interest rate.   You must know the inflation rate - or the expected inflation rate if youre making a prediction about the future. You can calculate this from the CPI data using the following formula: i [CPI(this year) – CPI(last year)] / CPI(last year) So the inflation rate in year two  is [110 – 100]/100 .1 10%. If you do this for all three years, youd get the following: Inflation Rate Data Year 1: Year 2: 10.0%Year 3: 9.1%Year 4: -4.2% Now you can calculate the real interest rate. The relationship between the inflation rate and the nominal and real interest rates is given by the expression (1r)(1n)/(1i), but you can use the much simpler Fisher Equation  for lower levels of inflation.   FISHER EQUATION: r n – i Using this simple formula,  you can calculate the real interest rate for years two  through four.   Real Interest Rate (r n – i) Year 1: Year 2: 15% - 10.0% 5.0%Year 3: 13% - 9.1% 3.9%Year 4: 8% - (-4.2%) 12.2% So the real interest rate is 5 percent in year 2, 3.9 percent in year 3, and a whopping 12.2 percent in year four.   Is This Deal Good or Bad?   Lets say that youre offered the following deal:  You lend $200 to a friend at the beginning of year two and charge him the 15 percent nominal interest rate. He pays you $230 at the end of year two.   Should you make this loan? Youll earn a real interest rate of five percent if you do. Five percent of $200 is $10, so youll be financially ahead by making the deal, but this doesn’t necessarily mean you should. It depends on whats most important to you: Getting $200 worth of goods at year two prices at the beginning of year two or getting $210 worth of goods, also at year two prices, at the beginning of year three. Theres no right answer. It depends on how much you value consumption or happiness today compared to consumption or happiness one year from now. Economists refer to this as a person’s discount factor. The Bottom Line   If you know what the inflation rate is going to be, real interest rates can be a powerful tool in judging the value of an investment. They take into account how inflation erodes purchasing power.