Posts Tagged ‘purpose’

What’s the purpose of learning if you do nothing with it; if it doesn’t change what you do?

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Open Education

Posted: March 17, 2019 in Thought for the Day
Tags: , , , , ,

“Education’s purpose is to replace an empty mind with an open mind.” -Malcolm Forbes

“Being fearless may sound like fun, like you could go out and conquer the world… But fear serves a key purpose. It’s a survival instinct and prompts our fight-or-flight response. Fear serves us well in everyday life… Our brains are wired to keep us safe.” -Steve Sjuggerud

“Traditionally, inflation has been defined as ‘an increase in the amount of currency in circulation’….   Unfortunately, in recent decades, even dictionaries have been offering a revised definition of inflation, as ‘an increase in the price of goods and services’….

The purpose of bank-created inflation is to extract wealth from the populace.  By regularly increasing the amount of currency in circulation, banks create an environment in which the concept of debt appears to be beneficial. As a result, virtually everyone in today’s society not only has debt; he actually believes that he couldn’t improve his life except through debt….  In essence, the inflation concept was invented by banks as an invisible tax—a means by which they could extract wealth from the populace.

In effect, the individual is used by the banking system as a milk cow. For his entire working life, inflation is carefully adjusted to extract as much monetary value from his labours as possible, whilst still leaving him capable of continued production….

Refuse to borrow money for any situation. Yes, it will mean that, as your friends show off their new cars, you’ll be driving an older model. They’ll also live in nicer houses than you and they’ll ‘own’ their own house before you do. But, at some point, since you’re free from debt, you’ll pass them by and eventually retire well.

By understanding inflation, and acting on that understanding, the odds of living your life as a milk cow can be greatly diminished.”

-Jeff Thomas

“Government can have no more than two legitimate purposes, the suppression of injustice against individuals within the community and the common defense against external invasion.” -18th-century English political philosopher William Godwin

“Rather than inheriting lump sums of money, they’ll inherit an interest in a ‘family fund’.  The purpose of that fund is to help individual family members enrich their lives.  But how they do that must make sense.

Children can borrow from the fund.  But if they do, they must return the borrowed money with interest.  They can use the money to start businesses or pursue educations, but they can’t use it to buy sports cars or yachts.

They should also help the fund grow in value.  That way, when they die, it’s larger than it was—large enough to help their own children.” -Mark Ford

“The purpose of the fund [family fund] is to help individual family members enrich their lives…. Children can borrow from the fund. But if they do, they must return the borrowed money with interest. They can use the money to start businesses or pursue educations, but they can’t use it to buy sports cars or yachts.” -Mark Ford