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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)
From the summit looking down at the route. It follows the eret all the way up to a small ceiling then move out on to the face.
ID 110262303 · · Copyright Violation?
Permanent Income Hypothesis, the Fortress
Romain Wacziarg climbs through the first crux of "Permanent Income Hypothesis" during the route's first ascent.
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Chad Parker
Mar 30, 2015
“From the summit looking down at the route. It follows the eret all the way up to a small ceiling then move out on to the face.”  

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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.
Pulling my buddy up one of the best 5.9's in SoCal IMHO. Photo courtesy of Hagan Timmons, from "Capitalism and Freedom"
Belay on Permanent Income Hypothesis
Romain Wacziarg enjoys stunning arete climbing on "Permanent Income Hypothesis" during the route's first ascent.
Richard Shore at the summit block of Permanent Income Hypothesis
Rest spot on PIH
Maidy at the belay at the top of pitch 1.
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