Permanent Income Hypothesis
Avg: 3.3 from 49 votes
Routes in Right Side Gully
|Adaptive Expectations S 5.10b 6a+ 19 VII- 19 E2 5b|
|Capitalism & Freedom S 5.10a/b 6a+ 19 VI+ 19 E2 5b|
|Classically Liberal S 5.11a 6c 22 VII+ 22 E3 5c|
|Consumption Dysfunction S 5.9+ 5c 17 VI 17 E1 5a|
|Free to Choose S 5.9- 5c 17 VI 16 HVS 4c|
|Invisible Hand S 5.10a 6a 18 VI+ 18 E1 5a|
|Natural Rate of Unemployment S 5.10c 6b 20 VII 20 E2 5b|
|Permanent Income Hypothesis S 5.9 5c 17 VI 17 HVS 5a|
|Rose T 5.9 5c 17 VI 17 HVS 5a|
|Type:||Sport, 180 ft|
|FA:||Romain Wacziarg & Matthew Fienup (January 2007)|
|Page Views:||9,078 total, 68/month|
|Shared By:||Matthew Fienup on Jan 11, 2007|
|Admins:||andy patterson, M. Morley, Adam Stackhouse, Salamanizer suchoski, Justin Johnsen, Vicki Schwantes|
DescriptionAiry and exposed climbing up one of the most striking aretes in the Fortress.
The crux of the route is right off the ground, passing the first bolt (5.9+). The remainder of the route is steep and sustained (5.8). The last 40 feet are unbelievable!
A 60m rope is an absolute MUST as the route itself is approximately 55m long and the rappels are 30m each.
Location"Permanent Income Hypothesis" is located in the center of the Fortress, on the huge arete immediately behind and uphill from "Free to Choose."
The best way to approach the start of the route is to climb the first pitch of "Free to Choose." From the P1 anchor, traverse a narrow ledge left to the start of "Permanent Income Hypothesis" (about 80 feet).
(Note: the rappel line is 10 feet to the right of the route. It is not possible to rappel the actual arete without risking a dangerous swing.) Rappel from chains down the gully to the right of "Permanent Income Hypothesis." 30m down the gully is a grassy ledge with bolts. A second rappel will get you back to the start of the route (see photo for more detail). From the start of the route, traverse a narrow ledge to the P1 anchor of "Free to Choose." Make one more rappel to the ground