Comments by "Charles Brightman" (@charlesbrightman4237) on "Fed Chair Powell Says Economy Is at 'Inflection Point'" video.

  1. Inflection Point: (copy and paste from my files): Consider also, the US Fed has a target of 2% inflation every year. But that is also 2% on top of all the 2%'s that came before it, which turns out to be a lot of inflation over time. Now first, if people's wages, benefits and even saving's account interest do not keep up with the true cost of inflation, they fall behind in buying power, and zero income is still zero income. But with economic inflation people would have a higher economic mountain to climb. They eventually could become economic slaves to the larger economy. And slavery was supposed to be done away with at least here in the USA. It seems it has been replaced by a system of 'economic slavery'. Second, space travel, the ONLY thing that might save any species from this Earth, has gotten more expensive just in my lifetime. What is space travel going to cost in the next 100, 1000, 1 million years from now? Economic inflation just might be a contributing factor to the demise of all life from this planet Earth. And we did it to ourselves. Or more correctly the US Fed did it to us all, including themselves. Instead of talk like doing away with the penny, they should actually be trying to bring back and maintain the value of the penny. And then have a target of 0% inflation annually. Otherwise, we all eventually die one day from something and go extinct, which is probably going to occur anyway, but without economic inflation, we would have a better chance of surviving. With economic inflation, less so. What good is life if there is no entity left to live it? What good is money if there are no entities left to spend it? Survive beyond this Earth, solar system and galaxy, OR die and go extinct. Those are the choices, (if we even actually have a choice). Currently, no exceptions.
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  2. Inflection Point: (copy and paste from my files): Some entity that knows how to, PLEASE DO THE FOLLOWING: * Create a national non-profit organization that looks out for the interests of the American workers. Could even call it the 'NEO', National Employee's Organization. * Model it after the AARP that looks out for the interests of older people. * Anybody would be allowed to join and/or support the organization and those that didn't want to wouldn't have to. It would not be a union but a non-profit organization. * I can foresee the 'NEO' eventually putting forward political candidates and supporting judges who are sympathetic to their cause. Given enough support, I can even foresee the Constitution of the United States being amended in a clear fashion that even Supreme Court Justices could only interpret one way. * It's 'We The People' that truly make America great and it's the 'American worker' who actually built America to be what it is. Rise up, unite in a national organization, and let's take 'our' nation back for a better America and a better world. POWER TO THE PEOPLE !!! POWER TO THE EMPLOYEE'S !!! POWER TO THE NEO !!! * Note also: As this is my own idea, you have my permission to copy and paste this into your own files and/or elsewhere to help spread the word and to build consensus on making this idea a reality.
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  3. Inflection Point: Chart in the video about 1:30 into the video, (Population ratio): a. 'Color' does not exist in this universe except for within the mind. Electromagnetism ('em') interacts with atoms and molecules via QED (Quantum Electro Dynamics) and QCD (Quantum Chromo Dynamics). Some of that 'em' enters our eyes, is converted into electro-chemical signals, which are sent to the brain, whereby a picture of perceived reality is generated in the mind, for most people, in color. 'Color' ONLY exists in the mind in this universe. b. Why is the sky blue? It isn't. It is only a trick within a mind. Why are people's skin color different? They aren't. It is only a trick within a mind. c. So, why do we have different metrics for different colored 'Americans'? We are ALL AMERICANS, of many colors, of which, those colors only exist within a mind. In reality, we are all basically the same, made up of the same basic stuff.
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  4. @Rodent's Revenge At least no one can say I didn't try though, with evidence of this post to prove my claim.
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  5. Inflection Point: (copy and paste from my files): National Debt: (Ever growing, no end in sight): Growing the economy, even before COVID, was NOT reducing America's national debt and COVID just make paying off America's national debt even less likely. * Spending more than they take in. Reduce spending and/or increase taxes. Plus, the US Fed's inflation policy of having a goal of 2% inflation every year, year over year, but people's wages not keeping up with the true cost of inflation. While the government's (and businesses' and people's) expenses go up due to inflation, government taxation receipts suffer due to their expenses going up without raising enough taxes to cover their spending, (and businesses suffer unless they raise their prices to consumers, people suffer if their wages do not go up with the true cost of inflation). Some Options: a. Find a way to pay off America's ever growing debt. b. America gets financially downgraded yet again, this time for not being financially responsible for not getting their debt under control. c. Reduce spending. Don't spend more than they take in. And in fact, would have to spend less than they take in to direct some tax receipts in paying off the national debt. d. Increase taxes, (of which 'We The People' are already suffering due to wages not keeping up with the true cost of inflation for many Americans). Would have to tax the wealthy and/or tax non-profits (even for example 1% of all the receipts non-profits take in). Non-profits receive national security protections and use of America's infrastructure and are getting a 'free ride'. Shouldn't they pay their 'fair share' too? Direct those tax receipts to paying off America's debt. e. America gets abolished during the 6th mass extinction event by those most probably who would survive in underground safe bunkers, (that the US Government in part built with tax payer's dollars), in accordance with the Declaration Of Independence, which would abolish America's debt, and a New Government is established, with a new and improved Constitution, zero debt, and the remaining world's resources at their disposal by those who survive the mass extinction event. f. Debt for America is not an issue. So do away with ALL taxation and just put EVERYTHING on America's 'charge card', (which will never be paid off).
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