Posts by GrreatTeacher

18

Does Politics Affect Your Entertainment Decisions and Choices?

by minimus in

jw
friends

if coke disturbed you because of a certain stance would you stop buying coke?

would you stop watching a sport if a certain view was politicized?.

would you boycott a certain product because you did not agree with the corporation’s opinions?

GrreatTeacher

I boycott everything I can that sells my personal information.

Facebook seems to me a great way to give any nosy person in the world free and available information about yourself, therefore I don't have an account.

I boycott Amazon because I hate their site and don't find it very user friendly.

I never sign up for free stuff and don't download apps. I still mail my bills and call customer service rather than do things online. I don't have online banking set up. Sometimes I literally go and speak to a teller in person!

I don't preload my credit card information into my phone because that makes it too easy to pull the trigger and buy something.

I turn my phone tracker off and even, gasp, turn it off completely sometimes when I am out.

If I really want to be left alone while I'm out and about, I will, double gasp, leave it at home!

I am a total Luddite, and I'm sure there's still way too much of my information out there.

Privacy is my new watchword, also, "Nunya" as in "Nunya business." I'm so tired of checking out in person at a physical cash register and being asked for my email address. Nope. I don't need any more spam or coupons.

This site is one of my only exceptions.

9

2021-March-20--Zoom Guidelines for Meeting Assignments!

by Atlantis in

jw
friends

zoom guidelines for meeting assignments.. 2021-march 20.. .

meeting attendant--page 2. .

5. at around 25 minutes into the meeting take an attendance count.

GrreatTeacher

"Join the meeting by 20 minutes early," makes no sense.

I think they're trying to say, "Join the meeting no later than 20 minutes early."

If you bother to put something in writing, you should bother to get it right.

112

Are You Concerned About Inflation?

by Simon in

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.

GrreatTeacher

Investors can demand it, but that doesn't mean they're going to get it. People lose money all the time, not the least of which are retired people living off of investments that weren't hedged against inflation.

I agree with you that we are in an inflationary environment, however interest rates are lower than they've ever been in modern history.

If the Fed raises the interbank lending rate, other interest rates rise, like you said, so the banks can make money.

This slows demand for borrowing and takes the pressure off of the housing market, reducing the inflation of housing prices.

7

Can Anything Good come out of America? ( Religious Wise )

by smiddy3 in

john 1:46 but nathanael said to him :can anything good come out of nazareth?".

i ask the same thing about religion and america the birth place of not a few "christian faiths" ?.

GrreatTeacher

C'mon, who doesn't appreciate a good American snake-handling religion?

Real people, real snakes, what could go wrong?

112

Are You Concerned About Inflation?

by Simon in

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.

GrreatTeacher

Econ 101 still says that printing money does create inflation.

But, I concede your point that scarcity of goods and services does as well.

You can see that right now in the housing market. Everybody wants to buy but there is not enough supply. Therefore potential buyers run up the price in competition with each other.

You can't find a house to buy in my neighborhood, but when one comes on the market, you'll pay $400,000 for what was $350,000 last year. And it's easier for people to afford the extra cost because interest rates are so low.

112

Are You Concerned About Inflation?

by Simon in

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.

GrreatTeacher

Any opinions about Bitcoin?

Quite a few young people dumping the stock market and buying Bitcoin.

I foggily understand it, but I can't really predict the repercussions on the economy.

I'm not talking about mining it because few people have the ability to do that. From what I understand, you can buy it like you can securities, but there's no regulation at all. It's a bit of the Wild, wild west.

But, then again, my foggy understanding might be, well, foggy.

BTW, I dumped most of my stocks last year and moved my investments in a more conservative direction. I think Wall Street is wobbly and I'm waiting for a market correction.

112

Are You Concerned About Inflation?

by Simon in

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.

GrreatTeacher

Yes. In a low interest rate environment borrowers make out and investors lose.

In a high interest rate environment borrowers lose and investors make out.

Remember in the early 80s you couldn't afford to buy a house because the interest rates were 18%?

But, if Grandma kicked off, you were making money hand over fist with your inheritance.

And if you had bought a house previously and were now paying it off with inflated dollars, you were REALLY making out!

I also remember when VHS movies were $80 to purchase. That's why Blockbuster was such a success. I think there's only one of them left in Alaska now or something.

9

The Mormons are building new Temples while Watchtower is downsizing.

by greenhornet in

https://www.deseret.com/faith/2021/4/4/22364730/president-nelson-unveils-plans-for-the-church-to-build-20-new-temples-mormon-lds.

GrreatTeacher

I would think Watchtower should be considering updated business models.

They should think about the televangelist/megachurch model.

Keep large assembly halls for the faithful that want to and are able to show up for services.

Home broadcast for the rest.

This could be successful as long as they don't give in to the temptation to denigrate those that only watch at home as 'less spiritual.'

And I think that would be their go to.

They've got to stop shooting themselves in the foot.

10

JWs now in the movie business

by mickbobcat in

so the cult is building movie studios and making films or propaganda d movies of jesus.

my question is how do they plan to make their investment back?

my guess is that they are hoping that this somehow brings in converts.

GrreatTeacher

Agree that it's to keep existing membership in and contributing.

Nothing they have done recently gives any indication that they have any expectations of bringing in outsiders, regardless of their faux witnessing videos acted out by shadow people.

112

Are You Concerned About Inflation?

by Simon in

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.

GrreatTeacher

Well, if you want to slow down inflation, you raise interest rates.

The Fed can do that.