so it looks like about half of my jw relatives are not going back to the meetings once they open up the kingdom halls.
the main reason all of them give is that if we were truly living in the last days, jehovah would not have allowed the door to door preaching work, and kingdom hall meetings to stop for over a year.. the elders have talked to some of them and tried to convince them that letter writing is accomplishing the same thing as door to door, and zoom is the same as meetings-----------but my relatives just won’t buy it anymore.
just a note here, at first, the kingdom hall lock-downs, and the no preaching door to door was not that bad,the relatives still held on to their faith strongly because they believed it was temporary.
Childish fairy stories where a hero arrives and magically fixes everything are really compelling - who wouldn't want that!
And it's not just children that love these stories. Every Marvel super-hero movie is effectively the same thing.
Of course it's not real and not going to happen. The Avengers aren't going to show up to save us any more than Prince Charming, or Jehovah.
They are all just story characters to make children sleep at night.
i saw a statistic the other day that something like 25% of all the debt that the us has incurred since 1776 was created in the last 12 months.
that's because they have printed so much currency and instead of letting that stop them, they are going to continue printing more to go on a spending spree on crazy green-new-deal schemes and union handouts.. does anyone think that this can be anything other than inflationary?
they are effectively stealing the wealth of everyone to then hand money out to people.
Well, if you want to slow down inflation, you raise interest rates
I think you have that back-to-front. When inflation rises it causes interest rates to rise because investors demand greater returns in exchange for lending their money to offset the rate that it's devaluing. Interest rates are one measure of true inflation.
If you lent me $100 and I was only going to pay you $80 back, would you lend it? Only if you were an eedjit.
If inflation is 20% then that $100 is only going to be worth $80, so you need to get back $120 to make it worth your while (ignore the slightly inexact math for easier illustration).
Don't imaging that bankers and politicians really control interest rates. They may set them and chose when to change them to some degree, but they are really passengers and if the interest rates diverge from reality too far then that causes different issues in the economy - no one will buy their bonds and they can't raise money.
What do they do then? Well, they could print their own money to buy their own government debt. No way that can go wrong ... right?
i saw a statistic the other day that something like 25% of all the debt that the us has incurred since 1776 was created in the last 12 months.
that's because they have printed so much currency and instead of letting that stop them, they are going to continue printing more to go on a spending spree on crazy green-new-deal schemes and union handouts.. does anyone think that this can be anything other than inflationary?
they are effectively stealing the wealth of everyone to then hand money out to people.
It seems to me that there is high demand for hard assets right now. Real estate, stocks, physical gold and silver, classic cars and even collectibles like hockey cards and digital art. People are trying to hedge against inflationary pressures.
Definitely this. One of the reasons for real-estate increases is that people are using them as investments to store wealth. Here in Canada they are thinking of imposing capital gains taxes on primary residences instead of limiting foreign ownership of property - note that they always chose the option that takes money out of your pocket instead of limiting the wealth producing opportunities of the elites.
Any opinions about Bitcoin?
The desire to have a store of value as a hedge against inflation is undoubtedly a part of this, combined with the "network effect" that digital platforms can offer and digital art / NFTs are one beneficiary of this.
If you have $million of wealth, how do you ensure it has the same or more purchasing power in 10-20 years time or when you pass it on to your children? It's difficult, which is why the worlds rich don't stay rich and it's a revolving door. There are only so many rare hockey cards, paintings and expensive cars that rich people can own.
It's not just wealthy individuals either. Companies want to keep the wealth they have earned and not see it devalued which forces them to take on more risk which can be destabilizing to the larger economy (when the risks fail). If true inflation is 10% then you can't accept an interest rate of 1-2% on your bank account or fixed-income bonds. You need to make that money grow at 10% just to stand still. The only way to do that involves increasing risk.
CryptoCurrency now appears to be pretty stable as a new asset class so I'm not as bearish on it as I was previously. The chance of it going to zero now is probably zero as there are major institutions investing in it and building on it. Earlier this year it had reached a market cap of $1Tn and in just a few months that has doubled to $2Tn. That means it's now worth more than the entire US banking sector.
Some see it consuming Gold next as the store of value ($12Tn) and then moving on to bonds.
Fun fact: the earliest description of crypto / bitcoin was made by Henry Ford who imagined a currency based on energy as it was the one thing that couldn't be faked and would remove control of economies from politicians.
Less fun fact: few currencies ever last 100 years. Most fail and spiral out of control because it's so easy to just "print more". We might imagine the US dollar and British Pound have been around for hundreds of years but they haven't, there have been different incarnations of them. The current US dollar started in the 70's when Nixon took the US off the gold standard.
When a societies currency fails, bad things tend to happen to that society.
i saw a statistic the other day that something like 25% of all the debt that the us has incurred since 1776 was created in the last 12 months.
that's because they have printed so much currency and instead of letting that stop them, they are going to continue printing more to go on a spending spree on crazy green-new-deal schemes and union handouts.. does anyone think that this can be anything other than inflationary?
they are effectively stealing the wealth of everyone to then hand money out to people.
I saw a statistic the other day that something like 25% of all the debt that the US has incurred since 1776 was created in the last 12 months. That's because they have printed so much currency and instead of letting that stop them, they are going to continue printing more to go on a spending spree on crazy green-new-deal schemes and union handouts.
Does anyone think that this can be anything other than inflationary? They are effectively stealing the wealth of everyone to then hand money out to people. Idiots will think they are getting free money or a $15 minimum wage but it's really the poorest who will suffer the most from the inflation tsunami wave that is going to hit the economic shoreline at some point.
I don't know about you but the cost of goods and services seems to be going up way more than the fictional basket used for the consumer price index. It isn't 1-2%, try more like 10-20% at least.
So I have a question for you. If you really believe that the money-printing can be done without inflation, then why do they need taxpayers? Instead of taking my taxes why don't they just print the equivalent instead?
That way we'll all be even richer! ... right?
i give him an f for falling down on the job..
Apparently, Biden is now going to complete the border wall, in between moving sports teams from racist states to even more racist states in order to take jobs from Black people.
He's doing AWESOME! LOL
so rolex sam said this.
is this something the whole cult buys into?
any links to rolex sam saying this?
In one short sentence you assert a thing and then admit that you have zero evidence of the thing.
https://news.sky.com/video/smugglers-drop-children-over-14ft-us-mexico-border-wall-12262371.
https://www.breitbart.com/border/2021/03/31/exclusive-leaked-video-human-smugglers-drop-small-children-from-border-wall-in-new-mexico/.
Are things really that bad in their Country that parents are willing to throw their 3 year old child over the border wall??
Why are people assuming that the parents sent them and that they are not being trafficked?
The Biden admin has set the clock back on the work done to prevent human trafficking by encouraging and promoting the current border crisis. It ends up providing cover for the traffickers.
It's a shame that they were so preoccupied with their "orange man bad" policy and automatically doing the opposite of whatever the Trump admin did, that they are willing to sacrifice the well-being of so many innocent people, especially children.
We're still waiting to hear from all the people like AOC who were so vocal when Trump was in charge but who now obviously don't give a shit about what is happening and can't even arrange a photo-op for self-promotion.
a question: "what does identity mean?
" if it walks like a duck, quacks like a duck have feathers like a duck: it is a __?___.
hans christian anderson taught us this lesson in the famous story of "the ugly duckling" (**spoiler alert**) the ugly part of the duckling was misleading to observers who later discover it is a swan.
If it quacks like a duck then it isn't a duck, it's a duck-call.
If it quacks as a duck then it is in fact a duck.
i saw this on twitter the other day and it blew my mind.. tyrannosaurus is closer to us than to stegosaurus.
that is, when tyrannosaurus lived, stegosaurus were already fossilized and those fossils were older than tyrannosaurus fossils are today to us, by a good 20 million years!.
in a similar vein, the star wars prequel movies are now older than the original star wars movies were when those prequels were released.. how about that we're closer in time to cleopatra than she was to the pyramids being built.. what 'ya got?.
I saw this on Twitter the other day and it blew my mind.
Tyrannosaurus is closer to us than to Stegosaurus. That is, when Tyrannosaurus lived, Stegosaurus were already fossilized and those fossils were older than Tyrannosaurus fossils are today to us, by a good 20 million years!
In a similar vein, the Star Wars prequel movies are now older than the original Star Wars movies were when those prequels were released.
How about that we're closer in time to Cleopatra than she was to the Pyramids being built.
What 'ya got?
since covid, our lives have all been affected.
do you think people will ever get back to normal, pre-covid?
are masks, vaccinations and social distancing the “new normal “?.
Capitalism has lifted more people out of poverty than ANYTHING, EVER.
The standard of living and life expectancy has gone up because of capitalism.
It may not be perfect, but it's the best system mankind has ever come up with so far.
This whole thing happened because a SOCIALIST country did what socialists always do - cover up their own ineptitude and malfeasance, and kill people.
