@BeSaintly@Defensofidei@Xavier_DMercy Is it just me or is this book getting more trendy right now?
Because I am feeling the pull towards St Francis de Sales nearly every day
Google announces it will now prioritize AI-generated answers in search results over human-written website articles
• Search will be centered around a reimagined ‘intelligent search box’
• Starts next Tuesday
(via @TechCrunch)
In a stable money society, the only thing a person needs to know is to spend less than he earns, and to save. Such a society is perfect for the middle class that just wants to build a home and continue the society.
And it’s better for interest rates to be moderately high, so he can earn bank interest - because the average person has no time or inclination to engage in stock and real estate speculation. Higher interest rates also mean house prices are lower - because they are a place to live and not a speculative investment.
The only people who win on low interest rates are sophisticated schemers who can borrow at zero and make wild investment bets. If they go bad they walk away or file for bankruptcy on the special purpose entity set up for the play. If they score - they take all the gains, and then go on TV and claim special knowledge to credulous CNBC hosts.
We are living in a casino capitalism society that works against middle class savers who just want to contribute to their community.
This is mysterious if you look at man like an individual, the inheritor of all previous generations but the benefactor of none, a person born randomly behind a veil of ignorance to receive privilege as if he was waiting in a bread line.
But instead man is a link in a chain between past and future. To whom much is given, much is asked. Pay it forward not back. We are borrowing what we have, and we only take what we need to give more to those who come after us.
We might fail in this obligation, sometimes to no fault of our own. Power and wealth might be given to those who can’t properly wield it. Some redistribution might be necessary therefore to be just.
However, that redistribution must be undertaken for the ultimate stewardship of the people and their relationship with God.