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All Locations > California > Central Coast > Hwy 33/Ojai > Fortress > Right Side Gully > Permanent Income Hypo… (5.9 5c 17 VI 17 HVS 5a)
Romain Wacziarg enjoys stunning arete climbing on "Permanent Income Hypothesis" during the route's first ascent.
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Pulling my buddy up one of the best 5.9's in SoCal IMHO. Photo courtesy of Hagan Timmons, from "Capitalism and Freedom"
Maidy at the belay at the top of pitch 1.
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  3.5 from 2 votes
Matthew Fienup
Jan 11, 2007
“Romain Wacziarg enjoys stunning arete climbing on "Permanent Income Hypothesis" during the route's first ascent.”  

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Nearby Photos

Romain Wacziarg airs it out near the top of P.I.H., at the Fortress.
Romain & Alberto, two economists, on "Permanent Income Hypothesis," at the Fortress.
A) Free to Choose (5.8)<br> B) Permanent Income Hypothesis (5.9+)
Romain Wacziarg on P.I.H., at the Fortress
Matthew Fienup nears the top of "Permanent Income Hypothesis" during the route's first ascent.
Permanent Income Hypothesis and the related rappel line.
Belay on Permanent Income Hypothesis
Pulling my buddy up one of the best 5.9's in SoCal IMHO. Photo courtesy of Hagan Timmons, from "Capitalism and Freedom"
Romain Wacziarg enjoys stunning arete climbing on "Permanent Income Hypothesis" during the route's first ascent.
Maidy at the belay at the top of pitch 1.
Rest spot on PIH
Pitch 2 of Permanent Income Hypothesis