Easter Card to a Millennial
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Below is an Easter Card to a Millennial who has been educated in a secular public school system.
Your Grandma and I were sorry to hear you believed man evolved from an ameba. We were taught man was created in the image of God. You are taught the immaterial mind and the material brain are the same, and man is an animal. We were taught all men were created equal and endowed by their Creator with unalienable Rights. You have been taught there is no God.
We were let out of school to celebrate Christmas and Easter, which are now Winter and Spring break. Under the First Amendment we were taught the government could not restrict freedom of religion, but you are taught not to pray or discuss the existence of God. We were taught the heavens declare the glory of God, you are taught the universe made itself out of nothing.
President Washington believed the Almighty rules over the universe, you are taught electromagnetism, gravity, and nuclear forces are without design. Microbiology recently discovered life could not arise by chance, but only by intelligent design in DNA. On 9/11/01 the twin towers fell in New York and cracked the chapel foundation where President Washington knelt dedicating America to almighty God. Today academia teaches there is no God. A building can not stand when its foundation fails.
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Federal Reserve officials expect to hike rates roughly six additional times this year, bringing its benchmark Fed Funds Rate to nearly 2%. In May the central bank raised the Fed Funds Rate by ½%. Can they reach their goal without a recession?
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One is wise to sell on the rumor of bad news and buy on the fact. Gold is approaching over a year of consolidation on the rumor of Fed tightening and a rate hike. Next week the Fed is expected to increase its bond purchase taper and hint of more aggressive rate hikes in 2022. However, there is almost a two year lag between money printing and inflation.
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Lincoln said, "You can fool all the people some time, you can fool some of the people all the time, but you cannot fool all the people all the time." Jerome Powell has stated the Fed will "began to taper QE and raise interest rates" and "inflation is temporary"