Traditional Catholic. Father. Husband. Veteran. US Marine Corps Officer. Constitutionalist. Trader. Programmer. Biz Owner. #Silver & #Gold is money #EndtheFed
A fiat system, where base money is not anything real, will always tend to lead to centralized control. Centralized control creates distortions & bubbles, but more importantly it leads to big govt. Big govt & their abuses of power is the real problem, and I think @GeorgeGammon would agree with that.
In a system where money can be created from nothing by an exclusive club of the few, it will always lead to a centralized system. The "free market" of banking risk and bankruptcy will always be plugged up more and more over time until it ceases to exist because the power to do so exists completely in the hands of the banks & govt via simple ledgers and write offs. Money is just a number on a screen. When money is #silver and #gold the people, who have the option of physically holding this cash & not just notes, have the real power of the free market - of deciding who survives & who goes bankrupt by cashing out. There can be no writing off by govt or big corps without also paying up - someone will lose. Pain is necessary for real freedom. #Gold and #silver ensure that pain, which prevents the system from centralizing over time.
That is the most important reason for sound money. Two lesser reasons are:
1) When money comes from nothing, and big banks achieve a certain threshold of societal power - at a certain point they become incentivized to rob society via "investment" in financial schemes & derivatives, because they can make more & faster there than by creating true, long standing value. The scandal of the internet IPOs in the 90s - whereby a bank would make a killing on inside deals beforehand and then sell immediately after IPO & the stock would plummet is an example of this phenomenon in infancy. The incentive to invest in real value was not strong enough to overcome this greed. The companies suffered from the .com bust, banking system chugged on. Now this malinvestment phenomenon is worldwide. This is why the Eurodollar, despite being a result of so called "free market", is a perverse structure: it has pushed financialization worldwide & crushed real value.
2) Their is a value tax with the creation of money which is completely absorbed by the banks. In a more closed money supply system, the value would be absorbed by the public as the value of money goes up when goods & services expand - built in savings.
Would this make rates on loans go straight up? Yes, you are correct, borrowing would be very hard. It would be catastrophic to the current way of life. You are right to not brush that aside. But maybe the current system of things needs to be crushed? There is most certainly a culture of debasement that has grown alongside the big banks, as demonstrated by confessions like this: https://t.co/zA1vFMKbIQ
Additionally, the culture of investment in a more closed money supply system would naturally move from making a % on a transaction to long term ownership and partnership - which is far more healthy & desirable for society in the long run. Giving away my money would be hard if I can let it sit and earn 3% doing nothing, especially when there is risk of losing it. But if that decision is based on lifetime ownership or long term partnership between two private small businesses - rather than trying to cut the difference on a mortgage transaction with a nameless person, or dumping it into a pile for mega-corps on a stock exchange - then it starts to make more sense. We need more private investment and less public for the middle class to thrive. And middle class is essential for a republican form of govt to survive.
Finally, this theoretical complex environment of crowd sourcing private investment & ownership sharing of non-public companies is complex, but the digital age makes all this achievable with ease. It is not in the interests of the big banks though, so it will never happen without collapse of the current system.
Interesting Q&A:
Great observation, but how would it differ if the manufacturer only borrowed the $5 that exists? (The bank didn’t lend money into existence)
Everything you described would happen.
So you have to answer the question of why using fiduciary media to create more widgets constitutes a misallocation of resources but borrowing gold doesn’t.
What you described is simply the process of creating more widgets which would obviously take resources from something else.
Putting on my Austrian hat I assume they’d say it’s because the additional “money” makes rates lower than they otherwise would be and this creates the misallocation/malinvestment/boom bust. This is where my view differs.
Fahrenheit is superior to Celsius and I’m tired of pretending this is a debate.
Fahrenheit feels like temperature was designed by an human being who walks outside, feels the air, and says, “Yeah, that makes sense.”
Zero is freezing. 100 is brutally hot.
70 is comfortable. 80 is warm.
The numbers feel like what they are describing.
Celsius feels like it was designed by a committee of people who hate joy and want every conversation about the weather to sound like a chemistry lab.
“It’s 22 degrees outside.”
What does that even mean to a normal person? Am I wearing shorts? Am I grabbing a jacket?
Nobody knows. You need a conversion chart and a government employee standing next to you explaining the vibes.
Fahrenheit gives you range. That’s the point. It gives you more numbers for the temperatures human beings actually live in. You can feel the difference between 68, 72, 76, and 80. Those numbers matter. Fahrenheit lets you describe the world with more precision without having to break into decimals like a lunatic.
And here’s the other thing...
Celsius is connected to the metric cult energy that came out of the French Revolution. And the French Revolution was evil. Both of the Revolution were to rip out tradition, faith, monarchy, hierarchy, the Church, the calendar, the clock, and anything that reminded man he was not God.
CELSIUS IS INHERENTLY EVIL
So yes, Celsius may be useful if you’re boiling water in a lab. Congratulations. But Fahrenheit is for living LIFE because Fahrenheit is for walking outside and instantly knowing what kind of day you’re about to have.
100 means hot. 70 means beautiful. Zero means don’t go outside unless you have a death wish.
That’s a real system.
I'm really not implying that. I'm not sure where SSPX would stand precisely, but the Novus Ordo is valid, Jesus is present, & it definitely can provide graces. I've seen that in my own life for sure. Many hard moments God saw me through at Novus Ordo churches.
I think the SSPX would actually probably agree with all that. They would add however that it is inferior, and because it is regarding such grave matter - namely the presence of Our Lord - that inferior = probably that it is sinful. I don't know that I'd use such strong language as "sinful" myself.
As far as evangelization, I agree, but it's both and, not one or the other. The reality is though we are a religion of sacraments - that is the means by which God gives us supernatural grace which in turn opens up our mind & our will to the right things. The Mass is the center of this - the center of Christ's work of salvation. And so it must also be a centerpiece, perhaps THE centerpiece, of evangelization.
Problem is one cannot evangelize and preach about Christ & His presence, but then have priests & Eucharistic ministers & servers treat Him casually. It's self defeating. Yes, examples like the video you posted avoid this, but they are clearly the exception. Most churches view altar rails as something that only belongs to the old mass, for example. Same for stone altars, veils etc.
Additionally, even the most reverent Novus Ordo mass is missing prayers & invocations that were handed down for over a thousand years from the apostles themselves. The opening prayers (at the foot of the altar), the offertory prayers, the post communion prayers & the after mass prayers are all severely trimmed or removed entirely. Saying or not saying prayers DOES matter, and CAN affect the grace God bestows. "Ask and you shall receive."
For example, the priest & altar server no longer kneel before the altar & Christ himself in the tabernacle when doing the confiteor - instead they stand casually looking at the laypeople, with Christ at their back: like it's a performance for the people. It's also extremely shortened. Psalm 42 is omitted. The priest no longer says his confiteor separate from the servers & lay people, so you lose the sense that he has a special duty and burden as the Priest to be ascending towards the altar. Finally the explicit words for absolution by the Priest are omitted, making it unclear that one is/can receive actual forgiveness of sins at that moment.
Instead of age old prayers passed on from the apostles themselves, the New Mass has other prayers - for example the "fruit of the vine and work of human hands" meal prayer created by non-Christian rabbis who rejected Him. This is recorded in the Mishnah of the Talmud.
Bottom line is that just because Christ is present at both liturgies doesn't necessarily mean the grace made available is the same at both. This I have also experienced in my personal life.
Yes, there were problems. And the same that were creating problems were cheering on change and the removal of tradition and the use of vague language in documents to empower themselves.
Also, the Mass is the core sacrament of the Church. You cannot divest it from the life of the Church.
@Libertybibbledy@BreeSolstad And yet the culture of people who attend Novus Ordo tends to be completely different from those who attend TLM, and not in a good way
It is not just for consecrating bishops illicitly that one receives latae sententiae excommunication, but also for being an apostate from the faith or a heretic. See Canons 1364-1369. Also, the same for those who have or participate in an abortion.
Cdl McElroy celebrating mortal sins at Mass the other day, and insinuating that past Church moral teaching was wrong qualifies. Any pro abort politician qualifies. CCP bishops qualifies. German bishops saying they can have female priests qualifies. Cdl Tobin having pride masses qualifies. Hell, Cdl Fernandez's abominable books wherein he imagines sexual experiences with Our Lord qualifies. He's stated he believes all are saved - which goes against the words of our Lord & past ecumenical councils. Why doesn't he force himself to sign a statement of faith?
@earnestposting@WalkerMarcus@holysmoke The point is Rome is not impartial unfortunately. They let heretics & rebels off the hook all the time - near constantly.
@BeSaintly@AnthonyMalleus His own words in his own books and statements are the evidence. Doesn't mean necessarily the Pope doesn't have authority through him, but this guy should not be on a quote list - despicable human being.
@ShaneSchaetzel Dude that's patently false. Stop it. Even if you agree with obeying the Pope, even if you think they're schismatic, that's still false. They're Catholic.
Yeah, this is heresy. And it's because of this kind of nonsense that we have the sspx. Benedict also thought he could be "pope emeritus" which is completely made up - he didn't understand the theology of the pope either.
These people are not perfect. And they're apparently too prideful to just say we were wrong. One day.
Unfortunately, the Pope *does* have power to govern consecrations.
Head in sand. Predates all the time deny those 4 points. In fact, the Pope himself just spoke out for "religious freedom" which, the Church has already condemned as heresy, and it has to do with 1 of those.
The issues are not going away because the heretics are still present - and schismatic or not, the sspx are not the heretics.
Le cardinal Radcliffe et deux évêques bénissent un couple homosexuel et célèbrent une messe d’action de grâce pour "l'anniversaire de leur relation".
La cérémonie, célébrée dans l’église des Saints Apôtres de Londres, a comporté une bénédiction formelle du couple à la fin de la Messe.
Le 13 juin dernier, l’église Holy Apostles, en plein centre de Londres, a accueilli une « Messe d’action de grâce pour 50 ans d’amitié, d’union et d’engagement dans la recherche de la justice » en l’honneur de Julian Filochowski et Martin Pendergast, deux militants catholiques homosexuels connus qui vivent ensemble depuis 1976 et ont officialisé leur union civile en 2006.
L’événement a été célébré avec enthousiasme par New Ways Ministry, l’organisation américaine d’activisme LGBT au sein de l’Église.
Plus de 150 personnes venues d’Espagne, d’Italie, des États-Unis, d’Afrique du Sud, du Guyana et de Taïwan ont assisté à la célébration. Le célébrant principal était le prêtre Jim O’Keefe, et ont concélébré Radcliffe, deux évêques émérites anglais : John Crowley, de Middlesbrough, et John Rawsthorne, de Hallam, ainsi que le chanoine Chris Vipers, de la paroisse.
L’homélie a été prononcée par le cardinal Timothy Radcliffe, O.P., figure marquante des récents Synodes sur la synodalité et connu depuis des décennies pour son soutien à la pastorale LGBT. Dans sa prédication, Radcliffe a présenté la relation des deux hommes comme « une participation à la vie de Dieu » : « Toute amitié véritable, fidèle et bien vécue est une participation à la vie de Dieu », a-t-il affirmé, sans aucune référence à l’enseignement de l’Église sur la chasteté ni sur la nature des relations homosexuelles.
Le moment le plus marquant est survenu à la fin de la célébration, lorsque tout le clergé présent à l’autel a donné au couple une bénédiction avec un texte fixe, adapté — selon les organisateurs eux-mêmes — d’un formulaire « récemment autorisé par les évêques belges » : « Nous demandons, ô Dieu d’amour, que ta grâce descende sur Julian et Martin à l’occasion du 50e anniversaire de leur relation ».
Dans la vidéo intégrale de la célébration diffusée par les organisateurs, on peut également constater qu’un des deux personnes honorées a distribué le Sang du Christ aux fidèles pendant la Communion, sous le regard du cardinal Radcliffe. https://t.co/SlAQvwl06Y
@MLJHaynes@father_rmv Meanwhile - dealing with a priest who raped nuns and did disgusting sexual acts with a chalice languishes for years with nothing done - Touchy Feely has this all prepared and executed in 24 hours
@redlicorice12@VaticanNews You have your head in the sand. I think SSPX was wrong to do this at this time, but this lukewarm attitude and pretending there is not a crisis is just indefensible.