"It is the debtor that is ruined by hard times."
~Rutherford B. Hayes
Seeking Answers in an Upside Down World.
Established - 1994
||August 3rd, 2021|
Personal note: We and the Missus were married 73 years ago this month. Check the price levels of 1948 and compare them with what you pay today. It clearly shows what damage inflation has done to the U.S. dollar.
CENTRAL BANK DIGITAL CURRENCY.
Ukraine is the latest nation to make an official move to CBDC. Our own central bank, the Federal Reserve System, has said it is reviewing a digital currency operation with some urgency.
(Reuters) - Federal Reserve Governor Lael Brainard on Friday laid out a range of reasons for "urgency" around the issue of developing a U.S. central bank digital currenc(CBDC)y, including the fact that other countries such as China are moving ahead with their own."The dollar is very dominant in international payments, and if you have the other major jurisdictions in the world with a digital currency, a CBDC (central bank digital currency offering, and the U.S. doesn't have one, I just, I can't wrap my head around that," Brainard told the Aspen Institute Economic Strategy Group. "That just doesn't sound like a sustainable future to me."
"Deciding what to put in our bodies is a basic human right. Unfortunately, a one-sided campaign of fear, misinformation, and suppression of alternate views has been waged upon us, making it very difficult to make a rational decision for ourselves." ~Jeremy Parfitt
We have no idea who the author of the above sentitment is, but we agree with him. Not that our view will do anything to clear the tension that surrounds the question of getting inoculated with a substance whose side effects have not been tested by time.
"During his speech at American
University, Kennedy mentioned a crucial fact about the long history
between Russia and America:
" 'Almost unique among the major world powers, we have never been at war with each other.'
"Maintaining that 230-year tradition should be at the apex of our concerns, not how Vladimir Putin rules what is, after all, his country."
Conservative columnist Pat Buchanan
raises an interesting point that may take our minds off the coronavirus
issue for a few seconds. It may hold a bit of hope for those
among us who have yearned for less military involvemnt in a diversified
political world. The
"And here, we need to acknowledge the 1,488-pound gorilla in the room: Folks on social media, left and reply to John Derbyshire. Race gets hits, race gets views. You think all those Salon, Slate, Vox, WaPo, and NYT pieces about how this is racist and that is racist and whites are bad because of this and whites are bad because of that occur in a vacuum? Not at all. Race op-eds get shares, from those who agree and—even more so—from those who don’t. Race sells."
the umpteenth time we raise the famous line of Rev. Martin Luther King,
Jr., about skin color not mattering as much as the content
of one's character. As David Cole notes,
Name any individual of any skin color who had any choice in their shade of epidermis. It is what it is and there's little we can do about it except bake in the sun if we feel we're too pale or sit in the shade if we consider our skin color too dark.
Let's bury the racist hatchet and start searching for opportunities for ALL. People of all skin shades can make MUSIC together. Why can't they succeed at other social enterprises as well?