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Rural communities building back from the pandemic may need to gauge their local resources and set priorities for future investment.
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The post When the Myth of Progress Unravels appeared first on Alfie Kohn.
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'Regenerative' is the new 'sustainable'.
If 'DeFi' means decentralised (i.e. blockchain) finance, 'ReFi' means Regenerative decentralised finance. It was under this banner that 50+ folks met last week in Austria, including superstars Art Brock & Eric Harris Brown (Holo founders) and Shaun Conway from IXO.


NEW PEARL JAM POSTER SALE TOMORROW!
My new Pearl Jam poster, for their 5/3/22 concert in San Diego, will go on sale tomorrow, Thursday May 12 at 10am Pacific time (11am MT/12pm C/1pm EST) at our new site:
printsandtherevolution.art
These are signed, silkscreen, 18 x 24” posters, numbered 1-100. There is a secondary, one-color image on the back of the poster as well as an official Pearl Jam stamp. (More images on our site.) Price is $100 plus shipping.
LIMIT ONE POSTER PER PERSON. In order to be fair, each person can buy one print. PLEASE do not order more than one. The interface for the site will not allow me to regulate that, but if we receive an order for more than one print we will VOID and REFUND the order. We hope you understand - we are trying to do this out of fairness.
The FOMC announced it will begin reducing the size of the Fed’s balance sheet in June 2022. How will such reduction work, and how long will it continue?
The Reserve Bank is pushing up interest rates to take money out of our hands.
The first increase in the current round will add about A$65 a month to the cost of paying off a $500,000 mortgage.
The second will add a bit more. If, as the bank’s forecasts assume, there are another four such increases this year, that’s a further $275 a month, and so on.
The point, in the words of the Reserve Bank Governor Philip Lowe, is to “slow the economy, to get things back onto an even keel”.
In a helpful video, the Governor explains that rate rises take money out of mortgagee’s hands directly, make it harder to borrow, make people “feel less happy”, and hit the prices of houses and other assets so people “don’t feel as confident and they don’t spend as much”.
As always, if you enjoy this work, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List!