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Memories of the 28th Century

Miscellaneous thoughts about miscellaneous matters

  1. Making the Dollar Worth a Dollar, again

    by , 05-25-2023 at 06:30 PM (Memories of the 28th Century)
    Most people donít think about inflation and the money supply, but they are things that are important. It has come out in the news recently, because Congress is discussing raising the debt ceiling again, and that is an important factor in determining the value of the dollar. The dollar is backed by debt, Treasury Bonds to be specific. As long as there is a market for Treasury bonds, the dollar will be worth something, but the quantity theory of currency applies. That means that the more money that ...
  2. Reparations for some, again

    by , 05-19-2023 at 05:51 PM (Memories of the 28th Century)
    The subject of paying Black Americans for service their ancestors may have done while in servitude to other Americans came up again today. It appears that some people take the idea seriously and do not realize that it is illegal discrimination and a violation of the Equal Protection Clause of the Fourteenth Amendment. It also appears that the people who favor reparations donít know much history. They seem o think that there was something unique about the enslavement of Black people in America. ...
  3. Measuring Our Society

    by , 05-10-2023 at 04:46 PM (Memories of the 28th Century)
    ďThe measure of society is how it treats the weakest membersĒ Thomas Jefferson

    I would like it, if no one ever had to deal with government regulations or institutions. Unfortunately, there are some people who are incapable of living on their own, and their families do not take care of them. In the past, there were state institutions to care for the mentally ill and the mentally retarded. Those institutions were not wonderful places, but they provided the necessities for life to many ...
  4. Disinformation

    by , 05-03-2023 at 07:30 PM (Memories of the 28th Century)
    After looking at more information that has been presented to people for consideration, I have come to the conclusion that there isnít much factual information in news. Due to the lack of valis information, I donít know have enough facts to build opinions from. It appears that all political parties, and all countries are using disinformation on a regular basis.

    As one example, it appears that the news from the Ukraine War is being written by people who are into gaming. There may be ...
  5. Money and Debt

    by , 04-19-2023 at 03:18 PM (Memories of the 28th Century)
    I was thinking of writing a post on the stubbornness of pseudo-facts, but then I went to a store to buy some orange juice. I lightened the collection of coins that were weighing down my pocket, and the cashier commented on my use of coins. We discussed that fact that younger people often use plastic for anything and everything, ignoring the fact that there are processing fees for both credit and debit cards. While it is foolish for people to collect change and use plastic for small retail purchases, ...
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