The cafe is for writers of all kinds who are facing imminent deadlines. Customers first write down their work goals and an expected length of time it will take to achieve them. Next, they choose between three levels of intensity of progress checks from ‘mild’ to ‘difficult.’ Only after achieving said goals can writers check out. According to the cafe’s owner, Takuya Kawai, every customer has achieved their goals, even if they’ve had to stay past closing time. The cafe also offers unlimited coffee, tea bags, high-speed Wi-Fi and charging ports to maximize work efficiency.
Here’s the address if you want to go. It turns out that I walked a block away from here a few years back, but it didn’t exist as this kind of cafe yet.
“The two most powerful forces in the universe are gravity and compound interest”
Inflation is no joke, but I think many people don’t really understand just how bad it is. The last 2 years have seen 7-8% inflation – levels not seen since 1981. People under 40 have never experienced conditions like we have today and may be shocked how dramatic inflation and interest rates can change whole purchasing and business models. At 8% inflation, the value of your money, the real purchasing power, drops in HALF every 8 years. It’s like having $100 today, and without doing anything, it’s only worth $50 in 8 years. Unless you are getting an 8% raise EACH YEAR, you’re not even breaking even.
I think a lot of people think that prices will ‘go back to normal after this is over’. With inflation on a scale like today, prices almost certainly will NEVER go back. Besides specific market-driven increases (like the war in Ukraine on gas prices or local shortages) the prices you are seeing today are what they will be from now on. Forever. And they’ll keep going up each year by the inflation rate. That’s how the $100 you have today will be buying less tomorrow. You still have the $100 that can buy you 10 boxes of cereal at $10 today – but it can only 5 boxes in 8 years when cereal is $20/box after 8% inflation for 8 years.
So, how do I beat inflation?
So what can you do? In order to break even, your money needs to work for you – and work hard. You need to be making 8% or more on every penny you have in order to keep up with the rising costs. But where can you find 8% and higher returns?
Traditionally, you look to the stock market, but in 2022, that’s turned out to be a really bad rate of return. Many of the most profitable tech stocks are down 25-40% this year: nVidia, Netflix, Amazon, Google, etc. The Nasdaq, S&P, and Dow Jones index are all down so far this year.
Another traditional store of value in downturns like this is gold and precious metals. But despite being a refuge during the initial market downturn in late February, they have also been declining ever since. Bitcoin and crypto currencies – even so-called stable coins – have seen even bigger routs. Bitcoin is down over 55% for the year, and numerous alt-coins and even stable coins have collapsed completely to zero.
Bonds have been largely a terrible place to put money in the last decade. Very low inflation and interest rates means you were getting almost nothing from them. Many young people probably don’t even know about bond investments. However, in 2022, even bond funds took big hits and are in negative territory.
It seems there is nowhere to go. Putting your money in stocks and bonds that give NEGATIVE growth on top the 8% inflation means you could be losing 30-50% of your money in one year alone.
I-Bonds to the rescue?
But there is another kind of bond – Series I Bonds – and they are really hot right now. These bonds, sold by the US government, are tied to the inflation index and return a value that keeps you at least even with current inflation. In the current quarter, they are returning over 9% – which is better than just about every other investment you can safely make. You may not be getting ahead of inflation, but you certainly are guaranteed to keep up with it. This is especially attractive in a time when almost all other investment vehicles (stocks, bonds) are going down.
There are, however, some important things to know about these bonds:
They must be purchased directly from the US Treasury website – which unfortunately has a pretty terrible 90’s era website.
Earnings are exempt from state and local income tax.
I-Bonds earn interest for up to 30 years. You must cannot sell them for a minimum of one year. But if you cash them before five years, you lose the previous three months of interest.
The return rate is not fixed, it is reset twice a year based on the current inflation rate on May 1st and Nov 1st.
Maximum purchase of $10,000 per year – sort of. Ways to work around it below!
Important hacks you can use. See link at the bottom for complete details:
If you have a trust in your name, the trust can purchase an additional $10,000 per year (total of $20,000). See the link below for complete details.
You can also use your tax refund to purchase up to $5000 more per year (Hack: could you make tax pre-payments to ensure you’re over that $5000 refund value on purpose)
Couples filing separately can do both of these as well – doubling the amount.
If you are interested in purchasing some I-bonds, check this guide out since it walks you through the process on treasurydirect.gov and – the only place you can purchase them.
“Politicians argue for abortion largely because they do not want to spend the necessary money to feed, clothe and educate more people. Here arguments for inconvenience and economic savings take precedence over arguments for human value and human life… Psychiatrists, social workers and doctors often argue for abortion on the basis that the child will grow up mentally and emotionally scarred. But who of us is complete? If incompleteness were the criteri(on) for taking life, we would all be dead. If you can justify abortion on the basis of emotional incompleteness, then your logic could also lead you to killing for other forms of incompleteness — blindness, crippleness, old age.”
We also miss out on great lives such as this Michel Petrucciani and other artists like him with a disability that would almost certainly be aborted today. Here’s some other famous celebrities that were almost aborted or advised to be aborted: Steve Jobs (unwanted pregnancy), Oprah WInfrey (teen mom), Tim Tebow (pregnancy complications), Pope John Paul II (mother advised to abort), Justin Bieber (teen mom), Jesse Jackson (pressured to abort), Jack Nicholson, Celine Dion, Cher, and many others.
Yet we have come to accept arguments that a disadvantaged life is a life not worth living – only to have that disproven time and again. I find it fascinating that we greatly applaud kind hearted people that rescue animals missing limbs, that are blind, have deformities, etc – yet if an unborn child has one of these same conditions the public largely attacks people that try to rescue them.
Moving forward, it only took 20 years from Jessie Jackson’s speech for Oregon to pass it’s assisted suicide law in 1997 – as he predicted. I wonder what the next generation, one that has grown up justifying the idea of disposable lives, will do in the next 20-50 years.
Words are meaningless without action. Consider donations to these charities that provide women with the resources they need to keep their children from conception to birth to raising them, education, and beyond:
In 1983, the movie “The Day After” was broadcast as a made for TV movie. 62% of Americans watched it. It became the highest rated television movie in history – a record it was still holding as of last check in 2009. The film postulates a fictional war between NATO forces and the Warsaw Pact countries that rapidly escalates into a full-scale nuclear exchange between the United States and the Soviet Union.
I remember seeing that movie. I was only about 10 years old, and I remember how terrifying it was. I don’t think people born since the 90’s appreciate the fact that whole generations in the 70’s and 80’s grew up with the idea that at any time – even by accident – the whole world could be nuked to the stone age in about 90 minutes. This movie brought the reality of nuclear world war into shocking focus.
Fast forward to 2022, and we are again hearing direct threats of a nuclear war. This video, Plan A, was created by a Princeton team that simulated how easily a conventional NATO conflict could turn into a full-scale nuclear exchange.
What’s frightening is that this very scenario of a NATO-Soviet start of nuclear war was posited in 1982. Fast forward to 2020 when this video was made – long before the 2022 Ukrainian conflict. Yet, we are edging closer and closer to this very scenario today. Still, there are those who have hope for a different outcome while we make every political effort towards peace.
Stu Long was a classmate of mine during seminary days at Mt Angel. His story was like the story of many of other seminarians – people that you might never have expected being calling to discern the priesthood. His story, however, was more unique than most – and his path certainly more twisty. His life has now become a movie by Mark Wahlberg.
After having seen the movie, I can say that it’s about as accurate as one could fit in 2 hours. They combined a lot of real life people into a few characters for simplicity – but I remember almost all these stories in the movie. I highly recommend going to see it. It’s the very kind of person that God often calls and you might find discerning a call to religious life.
If you’d like to read more about Fr Stu, check out these links:
One such architectural marvel was the Pullman Mansion. The Pullman Mansion was built for George M. Pullman on Prairie Avenue and was known as the social center in Chicago for over 50 years. When the area surrounding the mansion became blighted in the 1920s, the Pullman family auctioned all the contents in 1921 and demolish the home.
At the sale, everything was sold – not just furnishings and art, but also the wall panels and decorative interiors. Everything that could be pried loose was sold.
In 1984, architect Michael Shymanski made a discovery in the basement of the old Chicago Historical Society Building that shed light on the Pullman mansion. He found a whole pile of pieces from the old Pullman home – along with the original construction plans. It turns out that the craftsman who built the home had numbered and labeled each of the pieces during fabrication (something very common for the time). It was possible to know exactly where each piece came from.
This video is one of the best put together documentaries about how the house was put together and what it looked like. Definitely worth a look if you like Chicago architecture.
Les Mystères de la Passion, de la Résurrection et de l’Ascension du Christ
For Christians, we are about to enter the mysteries of Holy Week. Christ enters Jerusalem, is crucified by the temple leaders, and then rises from the dead – an act which opens the gates of eternal life for humanity. There is so much going on in such a few short days, one can barely keep up with it all. It’s no wonder the different events of Holy Week have been the subject of countless masterpieces over time.
What is fascinating about it is that the more you look at it, you see all the events of Holy Week until the Ascension of Christ in one picture. I spent a lot of time looking at it and finding all the different parts. There is so much detail in this one giant painting! Just some of the events are:
Meeting of the women while carrying the cross
Jesus is stripped and his garments nailed to the cross
Similar to dominos, Kapla are long thin planks you can use for building things – and set up to fall over like dominos. I was really impressed – especially the sequence right around 0:12 in which there are multiple back and forth movements using the same planks. Crazy!