We explore real-life reformation here in this informed, online community.
"Fraud can creep into any business. A banker, seeing other people’s gold sitting idle in his vault, might think, “What is the point of taking gold out of the ground from a mine, only to put it back into the ground in a vault?” People are writing checks against it and using his banknotes. But the gold itself seldom moves. A restless banker might conclude that, even though it might be a fraud on depositors (depending on exactly what the bank has promised them), he could easily create lots more banknotes and lend them out, and keep 100% of the interest for himself.
"Left solely to their own devices, some bankers would try that. But most would be careful not to go too far, since the game would end abruptly if any doubt emerged about the bank’s ability to hand over gold on demand. The arrival of central banks eased that fear by introducing a lender of last resort. Because the central bank is always standing by with credit, bankers are free to make promises they know they might not be able to keep on their own."
--Doug Casey
“The decline of community in the modern world has as its inevitable religious consequence the creation of masses of helpless, bewildered individuals who are unable to find solace in Christianity regarded merely as creed.”
Robert Nisbet
American diplomacy should continue to stand up for genuine democracy, freedom of expression, and unapologetic celebrations of European nations’ individual character and history. America encourages its political allies in Europe to promote this revival of spirit, and the growing influence of patriotic European parties indeed gives cause for great optimism. Our goal should be to help Europe correct its current trajectory.
The White House
The National Security Strategy Document
Games stimulate the mind. Kids thrive on mental stimulation. Games teach kids to triumph over challenging problems.
This story out of India: Sarwagya Singh Kushwaha was born in 2022. At 30 months he started learning chess. By age three he had defeated five ranking members of the International Chess Federation, earning him his own official ranking. What’s next? Recognition as a grand master as he continues learn about how chess works, and how victory is achieved against some of the most active minds of his generation.
