Hello, everyone, and welcome. This is Melissa Armo with Stockswish, and I thought I would do a market review here today. Looking at the market, this way it did not turn out the way that I thought initially out of the gate. Why? Because there were some news and volatility that created a sell-off in the market, because once again, the Democrats are going after Trump and we're up into this same area, the same area we've touched, and touched, and touched, and we haven't gone through yet. What's going to happen next? It's very important, I think, what the market does tomorrow. We're watching the market gap. Very, very critical day for the market tomorrow to see how we react. And what do I mean? I don't think it would be good for the market if we saw a follow-through of the sell-off today, which would mean what? A gap down that would break and fall and see continued selling. It'd be better for the market if we gap up tomorrow morning. As of right now, we're just flat. I mean, we're just flat. But we really did hold here on this support into the close way to big bounce. I mean, actually, when you look at where we sold off here, this is a bouncy bounce. So I mean, I don't think this is anything critical for the market that anyone should get crazy about, thinking it's going to have a dramatic fall in here. But I do think that tomorrow is critical for the market where we gap, and then how we act right after that in the first hour of the training day tomorrow. There's some big names reporting, retail names reporting. They may or may not affect the market, I don't know. But I will tell you for sure that tomorrow is a big day for the market to see how we react after this. So my take on the market is be careful. Tomorrow, on Tuesday, you're going to see more volatility come into the market, I think, this year. More show than last year, and I did predict it. We've had a nice run up here for the first two months of the year. It's been very easy. Very easy to see how we were moving higher and higher and higher. You're going to have to be on point in your trainings now. And everyone should all the time anyways know what you're doing and know what strategy you're watching and trading. If you're interested in learning from me what I do, you can take the Golden Gap class. The next class is March 9th and 10th this weekend from 9 to 5 PM Eastern time. Have a great day, everyone.


So ranch pals in power world are super important for players looking to create foods, cakes, I mean you name it, if a pal has that farming works suitability trait, that stat, this guy should help you in making those ranch pals more efficient for you. Also I'll give you a few tips and tricks into just how things around a ranch should be set up. How's it going guys, my name is DPJ, before we go any further, I'm giving a couple of copies away of any game of your choice, to be the chance of winning one simply drop a like on the video, leave a comment down below and make sure you are sucked, winners will pick from the comments section and announce at the end of the week, so good luck everybody. So ranch pals are pals with that farming works suitability stat and these pals all the time when assigned to that ranch will drop you a certain item every so often. The ranch is vital for players looking to create certain types of foods, even cakes for instance as a honey, common shrimp, bee guarding at the ranch, milk drops from the moths at the ranch, eggs drop from the chickpea at the ranch, these are vital items in creating those cakes guys, but it's more than just cakes that can be made at the ranches, it's also a mass variety of foods which are not only good for you but also amazing for your pals and to keep them in top shape in regards to them doing that efficient base work. But yes I know many people will be watching this in hopes for tips and tricks in regards to making cakes, so I'm going to bring you some. So what can you do to make this more efficient in regards to your pals dropping more of said ingredients or said items? There's a misconception that there's nothing you can do but actually guys there's a couple of things you can do here in regards to making them produce more for you. Firstly guys passives, a common misconception is that work speed does nothing for pals in regards to a new ranch. Now although this is kind of right, it actually does affect what they do and how fast they do it. A farming pal like chickpea, if it has means of increased work speed in regards to passives, although it won't actually drop or farm more eggs for you what actually happens is and what we see happen here is the animation a chickpea does when it sorts that egg will actually speed up by whatever work rate both you have applied to said pal. What this means is if a pal has a certain passive on them let's say it has artisan on them this passive offers a 50% increase work speed both. Now the effect we see it has on a ranch farming pals is within their animation, the animation of them dropping, laying or digging up that certain animation you'll see for about 3 or 4 seconds, sometimes a little longer. Work speed when applied to said ranch pal will speed up this animation. This over a long period of time will affect production rate, indeed the result being more items dropping for you. So what passive should you look to get or even breed into said ranch pals? What artisan is the best for sure after an a plus 50% increase to that work speed, work slave will give you a plus 30% increase to work speed but drops attack power which isn't really important here. There's also serious which increases work speed by a plus 20% and there are other passives too that are not legendary which can also increase work speed, conceded will give you another 10% increase on work speed. These passives you can get or you can breed into ranch pals. These would definitely increase your production output, not massively but it will go up. Now there are other passives you can take into mind in regards to pals at the ranch. There are classes working so before victim to the usual worn out signs, workaholic is a great passive as it reduces that sandy pollution, diet lover reduce hunger by 15%, swift increases movement speed by 15%, these will all line up nicely in regards to that production guys.  Other things you could do in regards to making it more efficient for yourself is building things closer together so have your ranch near the beds, near the food parks, near those spoons, have a more like a tight congestion. This definitely means less moving about and over time will obviously bring the outcome of more production of said ranch items but yeah passive actually can have an effect on those production rates. But there are also other means of increasing that work speed but it incents the statue of power, if you have those pals all spare, you can always upgrade the work speed of your ranch pals, this will work obviously as again it will do the same thing as the passives do in regards to increasing the animation the pals do and use while they lay, find, dig up said items at the ranch. The other way which drastically increases production rate and this actually affects how much they find at a time which again you could also pair this with passives in regards to work speed, this is to do with the condensation machine, now this machine obviously though consists of you having to sacrifice the same said pal to level up and increase your main pal, to get a pal to a max level in regards to the condensation machine it takes a further 116 of that same said pal, so if you want a max production rate in regards to that chickpea you will need another 116 of said chickpeas, you will need to use the condensation machine and infuse them all into your chickpea, stage one is four, stage two is 16, stage three is 32 and stage four is 64, this will then indeed max out that ranch pal or any pal for that matter, but because this video is about ranch pals we discuss ranch pals, now obviously if you do not know once you get to that stage four in that condensation machine and you sacrifice 116 of said pal, you actually level up the work suitability stat, what this means is guys, pals which have that ranch, that farming stat, that work suitability stat, this will go up to a level two, but what does this mean, well let me explain, leveling up a ranch pal to this point will give you a drastic increase in regards to the items they drop, find, dig up at said ranch, but you actually don't have to level it up or for stages to see that increase, for instance a Muzzerina, a base level of one, this means a pal that hasn't been leveled up whatsoever, when you put it within that ranch over a set period of time, let's say a minute, it will produce one milk every period of time, now if you level this up with a condensation machine to a stage one, sacrificing four of the muzzers, it will produce between one and two milk within that same period of time, when you level it up using 16 more muzzers to a stage two, in that condensation machine it will find up to three per time, a level three in that condensation machine, this is sacrificing 32 more muzzers, it will find up to four milk per time and at a level four sacrificing a further 64 muzzers, will find up to five milk per time, but keep in mind again it requires a total guys to reach that level four, a total of 116 of the same said pal you're looking to level up using the condensation machine, but the ultimate angle here is guys, you'll have ranch powers which drop up to five or six times its normal rates, so this may be something you may need to think about later on, I already have, but again you don't have to max them out to see a change in regards to production rates with that ranch, but yeah guys some basic info on ranch powers and how to make them produce those goods faster and well, I hope this info does indeed help you out, this is how you level up ranch powers and make them produce more of those vital materials we do seek, guys if you enjoyed the video leaving a like really helps out you feel like what you're seeing once you more be sure to subscribe and hopefully guys I will see you on that next one


And another one. What's up people? Manuat here coming to you with the video. This time we're going to be unboxing and reviewing a 3.4 volt cordless screwdriver These are the specifications of it be bold to go forward although it can also go backwards. This is a UPC code and These are the other details. So let's get started with the unboxing Right out of the back. We have a charging brick We have the drill We have a warranty card We have a user manual of the drill and the model number of the drill is Ly 529 reverse forward and it does rotate and you can change the drill bits And it also comes along with the various attachments. You have a drill.  This thing is fully charged and you have your torque from 1 to 10 and You can even use it as a straight. So if you have restrictions where you cannot go in you can convert it That is definitely good forward and reverse and it has a LED light And to connect the drill you move the chuck forward you drop it in place and it locks in again To unlock it same mechanism Just move this forward Drop it in and it's locked To take it off Move it forward Pull it right off same thing for this Move it forward and run and we are also going to be doing a small little test and here I have one and a half inch construction screws and a two by four So we're going to test it out First we're going to test to see how well this drill is It's locked in Push it forward Okay, it did the job It did the hole now that the hole is done. We're going to put the screw in it went through perfect That was with the pre-drill hole all right now we're going to be testing it without pre-drilling a hole Again, I put it on to this setting Put the screw in Definitely a big thumbs up for me. I definitely will use this drill Where I can where when I don't want to use my other corded drill Definitely a very well-made item. It definitely has the strength and a small size to get the job done around the house Definitely looking forward to using it quite a bit. Thank you so much for watching and I'll see you on the next video Take care. Bye


Alright, thank you very much Emily for the excellent introduction. I think this really is a topic that needs no introduction in reality because as Emily mentioned we can all feel the bite of inflation in our day-to-day lives. We feel it in our supermarket shops when we are filling up the tank, above all in our rents and our bills and this is what inflation means at the end of the day. It's a currency losing its purchasing power as the price of goods and services goes up and importantly unless wages increase at the same rate then it means real attacks on the living standards, the living conditions of the working class. As Emily also mentioned inflation today is the highest it's been in around four decades at least in Britain. It's officially at 10% although official figures do not give the whole picture. In the Eurozone I think it's around the same amount. In America it's over 8% according to recent figures. This is annualized inflation they're talking about. But then that's not even accounting for the ex-colonial countries and the so-called third world. There's many countries suffering from hyperinflation when you've got a particularly acute crisis. Turkey, Lebanon, Argentina and Sri Lanka all have been mentioned already this weekend. And the thing is the ruling class they either have no explanation and therefore no solution to this or they point the finger at various scapegoats. If you're here in the West that means blaming Putin for everything. He's responsible for all our problems because of the invasion in Ukraine pushing up energy prices. But above all the ruling class is united in blaming the working class themselves for inflation. We're told that workers cause inflation by demanding two higher wages so-called inflation expectations are to blame. And in this sense they say workers cause a wage price spiral. But all of these are completely false and superficial explanations that in fact explain absolutely nothing as we'll go on to mention in this talk. And that's because for the ruling class inflation instability all of these things are just effectively accidents. They have nothing to do with the failures of the system as far as they're concerned. They and the lackeys in academia in the various bourgeois institutions they're only ever looking at the surface of events. You know in this case at the movement of prices on the market. They never delve deeper to look at the real forces and contradictions that work within the economy. And that's because for these ladies and gentlemen capitalism is a perfect system. It can do no wrong. It's said to be completely efficient the most rational way of allocating resources. And basically the real blame is pesky trade unionists or reckless politicians like Liz Truss getting in the way of the the wonders of the invisible hand of the market. These people are not interested we have to say they're not interested in actually understanding capitalism. It's crises. It's chaos. It's contradictions. At the end of the day they are just trying to put forward a set of ideas and theories that effectively are an apology for capitalism. They're a defense of this bankrupt status quo. And in this sense the only so-called cure that the bourgeois economists can prescribe for rampant inflation is that of higher interest rates. They want to call the economy as they call it. Try and reduce demand. And that's all euphemism for attacks on the working class. They're actively as we've already mentioned this weekend trying to provoke a recession in order to try and bring unemployment up and therefore pull wages down and boost the profits of the capitalists. That's what's taking place right now. You've got the all the major central banks the U.S. Federal Reserve the the ECB in the Eurozone and the Bank of England here in the UK all of them hiking up interest rates in order to try and provoke this recession and tame inflation that has run away. In other words what they're doing is trying to exchange the scourge of inflation for a bitter pill of austerity but for the working class it amounts to the same thing. It's a choice of death by slow strangulation and hanging or death by a thousand cuts and we are obviously not in favor of either of them. We need to get to the root of the problem but in order to do that we've got to really strip away all of this bourgeois propaganda and mysticism that surrounds the idea of money in the market. We've got to try and analyze the system itself scientifically and dialectically understand the real processes the real laws the dynamics that are at play in the capitalist system that lie behind this this so called cost of living crisis which as Emily mentioned is really just the latest chapter in the in the crisis of capitalism. There's these invisible forces under capitalism that operate behind our backs but they express themselves in terms of the prices of life's necessities. That's how we we see these these these processes at play but they operate invisibly. So where do we begin in trying to make sense of all this? Well for Marx the the the first port of call was to look at the fundamental building box of capitalism which is the idea of the commodity commodity production exchange is what he said capitalism is based on and the law of value that underpins all of this because at the end of the day the real economy is not money right the real money is a cipher if you like it's a symbol it's a sign the real economy is is production of real things it's relations between people wealth Marx says the opening lines of capital presents itself under capitalism as an immense accumulation of commodities so we've got to understand commodity production exchange if we want to understand money and all these other things commodities Marx says are these goods and services produced by labor but not for individual consumption but for exchange on a market and and a commodity has a dual nature in this respect it has a use value is useful to society that allows it to be sold in the first place but also as an exchange value there's some sort of quantitative relationship between commodities something they share in common allows them to be exchanged in certain proportions and Marx said the thing they all have in common all commodities have in common is they are products of labor and therefore labor time is the real measure of value this is the labor theory value and that includes includes both the the the living labor of wages of workers but also includes the dead labor all the the labor embodied in the raw materials the tools and so forth that go into us and all of this together accounts for the socially necessary labor time the average labor required given a certain technique and technology in society this is what value is but we don't see value that's the thing you can't really touch the value of something what you go in what you do is you go into a shop you click on amazon you see a price you're presented with this objective price that's what we see and prices Marx points out are the monetary form or the monetary expression of this exchange value which fluctuate they fluctuate seemingly randomly due to supply and demand due to these market forces if you've got demand exceeding supply then prices will tend to go up that's that's kind of what's behind inflation today very superficially on the vice versa we see supply exceeds demand prices will tend to go down but they'll always fluctuate around something you know some some sort of average there's there's some underlying necessity to to this accident if you like and that is this idea of value this socially necessary labor time but all of that's in an ideal world obviously capitalism is not the ideal system that's presented to us or that even Marx quotes and and refers to in in capital in reality you've got all sorts of distortions you have monopolies these things that are a barrier to supply and that can push prices far above their actual value prices can wildly diverge from value if you have these these barriers and distortions in the way and that's key to understanding inflation as as we see it today now Marx outlined all of these ideas very simply not just in the three volumes of capital but even more simply in a in a great pamphlet it was actually a collection of speeches called value price and profit which which I believe I'm sure our bookstore is selling and this was actually a theoretical rebuttal and answer to a liberal reformist of his time called citizen western and citizen western put forward the same argument as the bourgeois do today that it's workers effectively who are to blame for inflation by asking and demanding for higher wages in that sense he said the trade unions shouldn't even try and fight for higher wages because they would just gain with one hand higher wages but they'd lose in the other in terms of higher prices now Marx used this pamphlet these speeches to explain his ideas and to answer this point he said no what you've got is that all value ultimately is produced by the working class all of the the value in the economy is produced by the working class in the form of commodities and this value having been created by the working class is then divided up between the classes between the workers in the form of their wages and the capitalist in the form of the profits and wages are the price of the commodity that the working class sells its labor power its ability to work they sell this to the capitalist you know work for a day a week a month and that has a value just like any other commodity so should necessary labor time the amount of time it takes to produce all the commodities that the working class consumes it needs for its production and reproduction for it to maintain its families and so forth every all the labor above this is is is surplus value is and that's the source of the capitalist profits it's the it's the surplus value produced above and beyond this necessary labor it is in other words it's the unpaid labor of the working class that forms the profits of the capitalist so imagine now you've got a the economy all this economic output this value represented as a big pie okay for the Italians amongst us you can imagine a pizza doesn't really make a difference um a pizza or a pie i'm i'm english i like my pies we're gonna i'm gonna go with a pie okay so this pie is produced by the working class right that represents all the value that then is then divided as say amongst the the different classes the workers get their slice in wages the capitalists get their slice in profits now you can measure your pie however you like it right you can have kilograms or you can have ounces you can have meters you can have inches doesn't really make a difference the size of the pie is not going to change right and it's the same with prices inflation might change the name of the slice of your pie you know the unit of measurement might change but the actual size doesn't change at all and uh and and similarly marx points out although he doesn't use the example of a pie but he points out look it's the pie that comes first and then the slices you don't assemble a pie by getting together the different slices you bake a pie and then you divide it up right and this is the point like you don't get to the value in society by adding together the wages worth the the workers wages and the capitalist profits you start with the value produced by the working class and then it's divided up according to class struggle and that's very important because this answers this point about workers being responsible for inflation inflation doesn't make society wealthier in terms of the actual value the actual commodities in society the economic output the size of the pie remains the same but it's now represented by these higher prices what inflation does do however is very subtly redistribute the wealth and the income within society creditors will lose out to debtors smaller capitalists will tend to lose out to bigger capitalists and the workers will tend to lose out to the capitalist a class as a whole if as is the case now you've got the price of uh of goods in general going up but the price of labor power the wages not keeping up with that well then the pie going to the capitalist is getting bigger proportionately because what the what the workers lose the capitalists gain at the end of the day as I said their profits are the unpaid labor of the working class the capitalists they will gain as the seller of the sellers of commodities without losing out as the buyers of labor power so in that sense they obviously benefit from uh the inflation that's going on and the pie is redivided to the the benefit of the capitalist as is exactly the case now wages are lagging behind prices and profits are actually for the big businesses going up so workers aren't to blame for inflation it's not their higher wages it's not the expectations and all these euphemisms workers are not to blame they are the victims of inflation and this is very important now that's not to say that corporate profiteering is simply to blame either as some on the left say you got unite the union produced a report earlier this year saying that um 60 percent of inflation could be accounted for by uh corporate profiteering and pointing out that uk businesses were making something like 73 percent bigger profits this year than pre pandemic and they're suggesting actually that it's a wage uh it's a not a wage price spiral but a profit price spiral in this sense now it's certainly the case big business is not suffering right now but simply blaming price gouging does not give the full picture of where inflation comes from because marx explains this actually answers he said look if it was as simple as the capitalist could just set whatever prices they'd like to maximize their profits why aren't they doing that all the time you know it doesn't it doesn't explain anything if you just say price gouging is to blame for inflation if they can just pass on higher wage costs why don't they do that all the time why why do they bother with strikes why do they bother with any of these struggles why not just pass it on to the consumers because competition prevents that you the market has sets a limit to how much the capitalist can play around with prices right now the big monopolies do have a certain advantage of being able to pass on certain costs but there's a limit to that small businesses are being absolutely crushed and this is why at the end of the day the the the capitalist class resists ferociously every time workers like oliver twist dare to ask for more you know at the end of the day they know that every real generalized increase in wages can only come about by biting into their profits so while corporations are seeing these bumper profits it's not simply profiteering and price gouging that's to blame for inflation and the logical conclusion of that is you can't simply get rid of this problem by taxing the super profits with windfall taxes and i'll come back to that more later now before we go into the actual solutions of to inflation and the actual causes just want to tackle the other side of the the bourgeois argument which is that of the monetarists the monetarists people like Milton Friedman who have this idea of a quantity theory of money they say which basically says that inflation is the result of too much money chasing after too few goods they say money you know inflation is purely a monetary phenomena that's what Milton Friedman said now the they say then the solution to is to control the money supply but what the monetary monetarists don't explain is what is money it's a very simple question but we're never actually given an answer prices as I said earlier are the the monetary expression or the unit of the exchange value of commodities and money in all its forms Marx explains is fundamentally a measure of value the value created by labor the money system the currencies the the the the credit and so forth is an expression of the distribution of value within society and the money we have or don't have in our pockets in our bank accounts that's an entitlement to a proportion of the real wealth in society all backed up by by the state now study in history we see money didn't always exist it's rise is associated with that of class society with the development of commodity production exchange and trade and what you see is that organically over time a certain commodity a single commodity a money commodity emerges that can act as a universal equivalent something that everything else can be exchanged with and and which all other commodities can be compared against and this commodity the money commodity then becomes a means of circulation it becomes a way of of accounting it becomes also a store of wealth a store of value these are the various roles that money plays and it was the needs of trading societies early on that led to the development of precious metals as money gold and silver you know had certain qualities allowing them to be transported over distances and so forth this is why they became the money commodity over centuries however the needs of the economy meant you needed greater money supply and you had the debasement of coins in other words the the the nominal value that was uh of you know that these coins represented actually became separated from the real value contained in the actual metal that was circulating money then instead of being a commodity in itself became a mere symbol of value a representation of value and that paved the way for the kind of paper notes and the digital representations that we see today it's mere tokens of value now and this has important implications because this adds potential instability into the whole system now you've got a situation where the money in circulation these tokens can become completely divorced from the real value that's in society if you haven't got a money supply anchored to some sort of base and that produces all sorts of inflation retentencies within the economy all else being equal for example if you do a say to double the money supply but you keep the real value in terms of commodities at the same amount then you're going to double the price of everything that's a truism that uh that the monetarists pick up on and they're not wrong and this is what the monetarists mean when they said that that inflation is purely a monetary phenomena and why they're actually right to to criticize and to warn against the idea of just printing money or or inflationary kind of expansionist Keynesian policies is why they also tend to be in favor of tight money monetary policy and uh and monetary systems like the gold standard that tie the money supply to something real now the gold standard was introduced in the in britain actually but in the british empire in the wake of the napoleonic wars precisely for this reason to try and control inflation and keep the money supply tight it came unstuck about a century later with world war one when different countries started to print money to try and fund the war and the gold standard couldn't contain all the tensions and the contradictions within the world economy you had different nations pulling apart and with currencies all pegged to the gold the only way that any country could kind of become more competitive was what they called internal devaluation in other words attacking the working class's standards of livings there are wages and this is precisely what we saw in britain in the 1920s britain tried to return to the gold standard under church hill as the finance minister and uh and it meant a huge attack on wages that actually prepared the way for the the general strike of 1926 the gold standard eventually collapsed around the time of the great depression uh and was replaced then by the britain wood system uh after world war two where the dollar became the world currency and the dollar was effectively as good as gold the dollar was pegged to gold and everything else was pegged to the dollar and uh and and this was possible because uh american imperialism was basically the the this hegemonic power policing world trade and the dollar became the world currency on the back of this this provided a certain stability for a certain amount of time where it allowed the expansion of world trade it allowed for the post-war boom but it all began to unravel at the end of the 60s because of these inflationary canes in policies undertaking during the boom by the usa by the advanced capitalist countries in particular high levels of military spending and eventually britain woods collapsed just on the eve of the the 70s crisis with the oil shock and and world recession and it led instead to a move a system of uh of floating or fiat currencies which is what we have today where there's no anchor there's no there's nothing pegging the money supply in these different countries no restrictions to printing money and this is a prerogative that all these governments and central banks have taken full advantage of in in attempt to try and avert crises but in the process they've introduced all manner of distortions into the system and at the same time they haven't removed any of the contradictions between the different national economies or within capitalism as a whole what they've done is allow different countries to effectively print money to try and avoid a crisis but simply by preparing the way for bigger crises down the line which is exactly what we're seeing today now the monetarists in this respect they really confuse cause and effect that they are idealists they're empiricists in the sense they imagine that if you address the symptom of something it's the same as curing the disease they rightly point to the inflationary dangers of kanzenism and they they look at examples like weimar germany or venezuela to show that correctly you cannot print your way out of a crisis very clearly that is the case but on the back of that they call for the the cure of tight monetary policy tight money systems which are no cure at all what it don't recognize in terms of this confusing symptoms and causes yes they they don't recognize that the gold standard in breton woods they collapse collapse for a reason at the end of the day these monetary systems they suffice suffice to up to a point they allowed for the development of trade and for the and for the development of the productive forces but as capitalism expands new contradictions accumulate and emerge and the needs of capitalism outgrow the rigid money systems that you have which anchor these money supplies you end up with different economies moving in different directions and monetary systems therefore reach the limit and turn into their opposite and become a source of instability now in this sense the the the monetary crises that we see and the accompanying inflation that that comes with this are ultimately therefore a reflection of the crisis of capitalism and a contradictions of capitalism they are if you like a rebellion of the productive forces against the limits of the nation state and of private property and in this respect going back to the gold standard is completely utopian or in fact any of these kind of rigid monetary systems because and this really highlights the reductionism as I said of the monetaris particularly when they say that inflation is simply down to too much money chasing after too few goods well again this begs the question what is too much money why are there too few goods most of the money that you see in the economy under capitalism is not actually produced by the state it's produced by banks in the form of credit in other words the state doesn't have a monopoly on the money supply and instead what you have you see is that the banks create money as credit in response to demands from within the economy itself from from households from mortgages and particularly from businesses for loans in other words it's the dynamics of profit making and the economy that create the demand for money it's not simply from the state down on the other side it's similarly the laws and logic of capitalism of the profit motive that determine how many goods are produced within society the capitalists don't produce because simply because money is cheap or dear they produce if they can make a profit they certainly don't produce to try and meet the needs of society in other words it's not money that is the prime mover under capitalism it appears like money is the motor force but the real motor force is profit that's the key thing that the the the monetarists don't understand and that marx tried to explain and you can see this in the example of what happened between 2008 and the pandemic where you had super low interest rates almost rock bottom at zero you had super loose monetary policy and yet where was the investment where was the growth you know the capitalists weren't investing even though all this money was cheap you had at that at that time wasn't the the real worry wasn't about inflation it was about deflation and that was even though billions were being pumped into the system in the form of quantitative easing now according to the monetarists this should have lent to ramp inflation but it didn't we've got to ask ourselves the question why well partially it's because this quantitative easing money over the that decade a lot of it never found its way into the real economy into people's pockets it was speculated as we discussed in the session yesterday on cryptocurrencies and and property and stocks and shares and so there was a lot of inflation in those bubbles if you like but meanwhile the main thing is that whilst they were pumping all this money into the economy they were sucking demand out of it in the form of austerity and attacks on the working class and the other thing and the most important thing is there were huge pressures globally pushing downwards on prices over this whole period and in the decades previously in particular excess capacity or to give it its proper name worldwide overproduction which obviously meant excess supply not excess demand pushing down on prices you had globalization as well we had a session on that yesterday which took talking about how globalization provided the these avenues for profit but also access to cheaper raw materials cheaper labor and all of that helped to keep a lid on prices you also had technology you know cheapening of capital goods through computing and so forth all of these things served to help keep prices down for many decades and it actually led to the ruling class being being very arrogant very hubristic about inflation thinking that it would never rear its head but now all these things are turning into the opposite and and the ruling class is realizing the danger of inflation a little bit too late now the monitorist as I said they think they can solve all this problem through higher interest rates through tight monetary policy on the other side you've got the the neo-cainsians the modern monetary theorists these reformists who believe that they can manage capitalism also through the money supply and they're almost like the mirror image of each other you know the the the the monitorists say don't print too much money you know the money supply is bad the the mmt is say print loads of money the money supply is great you know and they're basically both guilty of what marks called money fetishism in other words ascribing us power to money that it doesn't really have you know and and thinking that you can control the economy in good or bad ways through the money supply and marks argued firmly against this said capitalism cannot be controlled through equal tricks of circulation capitalism as I said it's it's a system of of private ownership where it's driven not by money but by profit money is just a sign if you like it so it's these symbols it's it's certainly a lubricant to the whole system but it's not the driving force under capitalism resources are not allocated rationally but anarchically by the invisible hand and instead of trying to manage capitalism through the money supply we should be calling for for socialist planning based on common ownership we shouldn't be fetishizing money but actually trying to create the conditions whereby the need for money will wither away entirely and that means taking production out of private hands means producing for needs not profits and it means replacing the laws of commodity production exchange in the market for the laws of socialist planning and democratic workers control now to get to the meat armed with this marxist understanding how can we make sense of the real forces and factors that are behind inflation now I think the first thing we've got to say is that we've got to also be equipped not just marx economics but marxist philosophy dialectical materialism we've got to understand the economy in a rounded way in an all-sided manner not in the one-sided kind of reductionist idealist mechanical empirical way of the of the bourgeois economists who are both guilty this the monetarists say it's all about money it's too much money and which needs to be controlled through interest rates and and monetary policy the Keynesians say well it's too much demand to be controlled through taxation and other fiscal levers neither of them blames the real culprit at the end of the day which is capitalism now in reality the current inflation crisis is is not down to this one or you know one you know reducible cause it's it's the product of a perfect storm really for capitalism it's the product of all the accumulated contradictions that have built up for decades first up is what marx referred to as fictitious capital that is cap money that circulates as capital money trying to make more money but without a corresponding equivalent in terms of value in terms of commodities that are circulating money and marx gives various examples of this national debts government bonds stocks and shares and other forms of derivatives but also unproductive state spending that states expending money but without producing any real value this includes kind of Keynesian projects like digging holes in the ground or also things like arm spending which is completely wasteful now the intervention of the state in the pandemic made you know it blew a huge gust of fictitious capital into the economy that fanned the flames of inflation you had something like 17 trillion in state support being pumped in in terms of fiscal measures but you also had another 10 trillion on top of that printed by the central banks across the world now as lockdowns have ended all of this this pent up demand as they call it has flooded into the economy but crashed up against the barriers of of the pandemic related dislocations and bottlenecks and and all these various other disruptions to supply and therefore what we have is a reduced amount of values in terms of commodities in the economy now represented by this this deluge of increased money and therefore a generalized increase in prices what this really shows is is yes the criticisms of the monetarist but above all it shows the limits of Keynesianism it shows the inability to manage capitalism what you've seen is that in an effort to prevent the collapse of their system the capitalists have exacerbated all the contradictions the ruling class have exacerbated all these all these problems in the economy you've now got these soaring prices mountains of debt ever greater volatility and instability all of which are paving the way and preparing the ground for for far deeper crises down the line now alongside this fictitious capital you have shocks to supplies you have the supplies of goods being knocked out by various things obviously the pandemic itself and that continues with the zero covid policy in china you've got the war in ukraine which has obviously knocked out oil and gas and other key supplies you've also got climate change droughts floods destroying whole swathes of of crops and food and diverting resources that could otherwise be be spent elsewhere towards trying to combat climate change and and all of this means that prices are rising because of the the the shocks to supply but it doesn't necessarily mean the values are actually always increasing the real socially necessary labor time doesn't always go up in imagine if you're an american you know drilling company your costs aren't really going to go up but you're going to benefit from hugely inflated prices and make super profits and that's really the result of this the prices go up the values stay the same it's super profits particularly for the big major monopolies in say fossil fuels and energy what we see then is capitalism far from being this efficient system when it comes to allocating resources we see that the market cannot keep up with the swings and the shocks to supply and demand this has actually been made worse by years of under investment by the capitalists in infrastructure in industry and instead of spending their money on these things they've obviously speculated it and and put it in parasitic parts of the economy like financial services and uh and that and at the same time all the kind of robustness within the global economy has been cut away you know you've got this just in time production which basically gets rid of any redundancy all for the sake of squeezing out extra profits take the example for example of of gas storage in the uk it used to be the case that uh the gas towers you see dotted around held about 10 to 20 percent of annual demand now that's been whittled down to less than 2 percent or 1 percent of annual demand so it's just very vulnerable now to a small change in the in supply and demand suddenly that that that tiny little amount of redundancy is not enough and this is can be replicated you can see similar examples of this across the economy and as I said at the same time you've got the bosses profiting from scarcity and shortages rather than investing in production if demand exceeds supply and you have these super profits that should be a sign for investors to come into these markets to boost production to increase supplies and bring down prices but instead of that you have these huge monopolies in every sector just sitting on uh on on uh on the money and uh and and not bringing down prices not investing and meanwhile new firms can't enter the market because of the scale and size of these industries so this is another important factor in inflation as well and the final one I want to mention is this idea of the fact that real values are going up social necessary labour time is going up because of things like climate change which add to the costs of production you know extra measures need to be taken for adaptation but in particular you've got protectionism you've got the rising costs of producing goods because of the the fracturing the end of globalization if you like the the retreat of globalization the unravelling of world trade you've already seen brexit and we've had trump's trade wars continued by biden and all of this is leading to a vulcanization of capitalism which had achieved greater efficiencies greater uh you know uh abilities to bring down prices through a monopolies economies of scale multinationals and so well all of that's now going into reverse and pushing up prices as a result of all this protectionism and it shows you how the nation's state alongside the market and private ownership are these big and fundamental barriers to the development of the productive forces now the overall result is the world economy is heading into this nightmare scenario of stagflation that is rampant inflation alongside uh slowing growth and and we're already seeing the signs of a new world slump the point is that whatever the whatever the ruling class try to do in this situation is going to end in disaster you know they're caught between a rock and a hard place they can they can try and use the interest rates as i said but it's a blunt tool you know it can it can provoke this recession but what does it do to to solve the energy crisis what does it do to to force the capitalist to invest it doesn't do any of these things and at the same time if they if they don't do this they let inflation spiral out of control and they continue stimulating the economy with Keynesian measures that as I said it's just gonna allow inflation to become even more rampant and therefore on the basis of capitalism all roads lead to ruin and whether it is through inflation or austerity is the working class that's going to be asked to foot the bill and therefore the stage is really set as it stands for immense class struggles and and explosions in all countries as we said uh on Friday's session events in Sri Lanka and in Britain as well they are a harbinger of the the what we can the events we can expect everywhere across the world these political and social explosions as interest rates rise as the burden of debt grows ever deeper and heavier and as investors start putting their foot down and demanding their pound of flesh inflation in this sense as I said it can't be boiled down to just one factor it's not uh something could be reduced to this just one single cause it is a complex phenomena it's a it's a many-headed hydra if you like but the real beast at the root of it is capitalism it's the ruling class that has come in and recklessly sprayed money around the economy trying to put out the fires of crisis like some sort of you know arsonist invited to put out a blazing inferno it's the it's the capitalists who've profited from scarcity who've stretched supply chains and workers beyond their breaking point it's their political representatives who've gone down the path of economic nationalism of imperialist war all driven by profit and above all it's their system capitalism that is to blame the reformists they simply try and uh demand a few extra crumbs of the pie that we talked about earlier a slightly bigger slice of the pizza but at the end of the day what do they call for windfall taxes price controls one-off handouts and uh you know cost of living handouts or uh or one-off pay rises but we should say rather than just demanding a bigger slice we should be demanding the whole bakery we should be saying yeah we need a proper minimum wage and more importantly a wage a sliding scale of wages with with pay linked to prices we should be talking about nationalization of the big monopolies particularly the energy monopolies and rather than taxing the rich we should be saying expropriate the billionaires and all their super profits that is the real solution above all we've got to look beyond the symptoms and get to the real disease which is the capitalist system itself inflation is not a sign of scarcity we have the resources we have the potential the productive capacity to produce everything we need in super abundance we have the technology and the resources to solve climate change disease poverty hunger homelessness many times over what we really see is that volatile prices they're not a sign of scarcity they're a sign that this inherently chaotic system this unstable system cannot meet the needs of society it's a sign that the productive forces are being hemmed in by the nation state by private ownership by the market it's a sign of all you know the the rampant inflation that the mounting debts all these crises it's a sign and a product of the anarchy and decay of capitalism it's a symptom of the sickness and senility of this system that can only be kept alive by ever greater drip feeds and injections of money and debt in order to keep it stumbling on so to cure us of this plague once and for all to get rid of this menace of inflation we have to rid ourselves of the capitalist market and instead rationally plan production according to society's needs by placing the economy under common ownership and democratic workers control this rotten decrepit system cannot be patched up capitalism is crisis and chaos it must be overthrown that is the revolutionary program that we are fighting for that's what we're trying to do with the imt so if you agree with it join us join socialist appeal join the international marxist tendency and join us in the revolutionary liberation of mankind thank you


Gun Smoke, brought to you by L&M, the modern cigarette that lets you get full, exciting flavor through the modern miracle of the pure white miracle tip. Live modern, smoke L&M. Around Dodge City and in the territory on West, there's just one way to handle the killers in the spoilers, and that's with a U.S. Marshal and the smell of Gun Smoke. Starring William Conrad, the story of the violence that moved West with young America, and the story of a man who moved with it. I'm that man, Matt Dillon, United States Marshal, the first man they look for and the last they want to meet. It's a chancey job, and it makes a man watchful, and a little lonely. Looks like a whole new night, Mr. Dillon. Not a long ride.  I'm on the subtle of horses. Yes, sir. What? It's over, Matt. Band's over. I didn't recognize you there in the dark. I've been waiting for you, man. I wanted to talk to you. Well? Alone, if it's all the same. No offense, Chester. You owe none to Mr. Dillon. I was just going in and making coffee anyhow. I'll make us all some coffee, Matt. Why didn't you wait inside, man? The office is open. I did for a while, but I just couldn't stay set. I guess you have got something on your mind. Matt, you know a lot about me. You know I tore around when I was younger for a met Ed and then we got married and the kid come. Yeah, like most men, man. No, that ain't what I mean exactly. I mean, I never quite got on the wrong side of the law. But I've heard near dead a few times. This might have handed with a gun, Matt. And that was too quick to use one a lot of time. Sure, it was always self-defense, but... What do you got, Matt, man? Matt, you still got that gun I gave you two years ago when the kid was born. Yeah, it's on the office, on the safe. You got any need for it? I want it back. Better get this other saddle off. No, no, Matt, wait. I can go buy another gun. It's just that I'm used to that one. I carried it for years. And I got to have one tonight. You haven't worn a gun for two years now, man.  I didn't ask for this. For the kids' sake and admirers. So you told me. That's true, Matt. You said you only had one enemy in the world and you hadn't heard of him for years. No matter if you'd gone out and made yourself a new one. No. And it's the same one, huh? He's caught up with you. It was twelve years ago. He cleared down in Durango. Fight over a girl, nobody. She didn't even count. I just fought easy in them days, was all. Yeah, sure. This fella drawed on me and I put a bullet through his leg. He was still laid up with it when I rode out of town. And he swore he'd find me and kill me. I didn't pay much mind. We all talk big when we're young, you know. I know. He rode into Dodge today. He's been asking for me. Uh-huh. What's his name? Largo Greeland. He's a big fella. He's built like a bull.  Bandage your shoulder still bothers him. What's that got to do with it? Look, you might as well have given me that gun four years ago when that horse fell and rolled on him.   You think I want to meet Largo? You sure act like it. He's come after me. Twelve years he's been looking. That's a lot of hate, man. And if I don't call him here in town, he'll come on out to the ranch. I got Ed and the kid to think of. All right then, think of it and stay out of this and leave it to me. You think I wouldn't like to? Matt, I'm scared. I know what I'm up against and I'm scared to death. Then get out of town, stay clear of it and let me handle it. It's not your fight, Matt. It might be. Well, ain't no use arguing about it.  Why don't you use your head, Van? No chance. I want the gun, Matt. I want it now. There's gun out of the city. You've been leaning on the bar for the last hour with the same drink beside you. You haven't even touched it. Well, I guess I'm not thirsty. It's not that, Matt. You're drawn tighter than a two-dollar pinch. You're waiting for something, aren't you? No use borrowing. If anybody's about to borrow some, it's new. Kitty, can you excuse me for a minute?  I, uh... I got something it needs a tent of two. I'll be back in a little while. What's the drillin'? It might be. What's on your mind, mister? I'm the marshal here in Dodge. What is that, man? Yeah. You, uh, ever been on the Cherokee strip? Pardon?  Got you to do his fightin' farm, huh? I'm not talkin' about towers. I'm talkin' about some wanted bulletins I've been lookin' over. Got your name and face on them. You don't say. One of them's for murder. Down on the Cherokee strip? Man must've changed some. Spooks easier, for one thing. Holler's for his hit. Forget about fan. That's kind of a hard thing to do, marshal. When you've looked for a man 12 years and finally found him. Understand he's staked out over by the stockpins. Got covered to sides and behind. Sure looks like he ain't runnin' out of chances. But I can wait. Let him sweat some. He can't get it ever, ever. For a rest for murder, Largo.  But I got other business in town. Not now, you haven't.  More than likely you got a man somewhere behind me.  Largo, but I've had that kickin' trick tried on me before. Now get up on your feet. Come on, mister, we're going to jail. Don't go that man, I'm telling you. Someday you're gonna take one chance, two minutes.  Trying to arrest somebody you know's a killer. With your gun, even you're hosting. Doc, a law man that went around with a pistol in his hand that lasts about a week. Why? Because they were outlawin' town that figure he had a right to ambush him. And... Marshal! Hmm? The town kinda late, aren't you, Ms. Tiller? Marshal, where's Van? I don't know, around town somewhere, I guess. Now, doc, you know Ms. Tiller, don't you? Oh, the two I in the course, I don't know. Who do you think delivered that baby to her? How are you, Edna? Marshal, who's Van gonna fight? Fight? He's wearing a gun the first time in two years. And he's in town lookin' for somebody. He wouldn't tell me anything, but I know. I can feel it when a man's mind took up with killin'. Easy now, Ms. Tiller, whatever he might've been thinkin', he can forget. Now, you can, too, there's nothin' to worry about. That's easy to say. It happens to be true. The fella he was worryin' about's in jail. I guess Van doesn't know it yet. Are you telling me the truth, Marshal? Yes, I am. Now, why don't you get yourself back out to the ranch?  You're sure this man's in jail, Marshal? Yeah, he's there, all right. Well, of course he's here. Now, you head for home, young lady. Before you really give Van somethin' to worry about, gallivantin' around alone this time of night? All right, Doc, I will. Good night. And good night, Marshal. Good night, Ms. Tiller. Blame foolin' and worryin' overnight. Yeah, that's right, Doc. The same as you were. Same as I was. Oh, oh, you mean about you takin' chances and all. Oh, that's different now. Mr. John! Ah, that chester. He can find more reasons to hoop and holler about stuff. Yeah, what's the matter, chester? He jumped me right there in the cell. I picked him some water so he could clean up when he'd come to, and he was just playing possum. Are you hurt? Well, no, I ain't hurt. That ain't what I'm trying to tell you, Mr. John. Well, what is it, then? I mean, he got away. Sign of him around the railroad depot? No, not a whisper, man. Quiet as a tomb over there. And I didn't see Van too, either. Man, we gotta find one of them before they find each other. It's just possible that he pulled stakes and lit out, man. Not after 12 years looking for tover. He's still around somewhere. Well, you had him locked up in jail. Oh, Mr. Dillon, I just don't know how it happened. He just fooled me long ago. You're probably thinking about women. They're always fooling you, too. Now, you look at here, Doc. I got it, chester. We all get to takin' that once in a while. I just don't know how he picked me up. Well, never mind. It's done now. The thing to do is to find it. He hasn't had time to get very far. But, you, Mr. Dillon... Oh, yeah. Over here, Miles. One of it old Miles is doing out this time of night. That's why we're trying to peddle something. Make another five cents profit so he can sleep better. I heard that, Doc. I heard what you were saying behind my back. There isn't anything I would have said to your front, you old skin-twin. What's on your mind, Miles?  Oh, is that so? I just came past the livery stable. That Mrs. Stover started to drive out, and some fella jumped into the buggy with her. What? Mm-hmm. I hear it was a big fella, built like a bull. He made a turnaround and go back into the stable. And it looks like we've found Largo. Come on, let's go. There's no reason for him to advertise. Well, he might have left. It's been five minutes since I saw him. If you saw him at all, you'd probably been nipping at that scotch whiskey area. One of these days, Doc, you'll go too far. I guess he ain't left yet, after all. Too comfortable, Marshall. Why don't you come and join us?  I don't think he'll get hurt. That's why he's with me. Matt, what's going on? You got Largo cornered in there. I heard a shot. Go find the husband, Marshall. Tell him of me, Harry. He might still be breathing. But I can know. That's it. Largo's got him in there. Wait a minute, man.  There's no use arguing, Matt. I guess you're right. There isn't any use arguing. Doc, take care of him, will you? Chester, get his gun. And see if you can hold Largo's attention. Fire a couple of shots. I'm going to try to slip in the back. Here, Mr. Dillon. Let me have his gun, Doc. Largo, you ain't got a chance. Tell me, Mr. Dillon comes in after you. Come on. You think we don't mean business? You better be careful, boys. You're scaring the lady. Here, Mr. Dillon, give you just two minutes before we rush in. You know where... Hey, let me go. I don't know who you are, but...  Don't move, Largo. You just sneaked in the back way. Like any ordinary pool cat. Don't turn around, Largo. Just drop that gun. Sorry, Marshal. A man waits 12 years for something. It ain't easy for him to just give up and quit. You had all the chance you're going to get, Largo. You move that gun one inch toward Ms. Tobin. That's the last move you'll ever make. It'll be your last move sometime, Marshal. It might as well be now. He's dead. Yeah, he's dead. Oh, Marshal. You all right, Mr. Dillon? Yeah, yeah, I'm all right, Chester. Uh, get her out of here, will you? Take her to the van. He'll want to know that she's safe. That's right, will you? Everything's all right now, Ms. Tobin. You just come along with me now. I've done my job. It's time for you to take over. Another coroner's case? Yeah, that's right, Doc. Another coroner's case. Many kinds of horses on the frontier. The spotted horse of the Indians or Apollucas. A cowboy's pony, which might be a mustang or quarter horse, or even an occasional thoroughbred. But one thing's certain, everyone roads man, woman, or child. And next week, God watches an Indian girl ride in the town half dead in a battle. Gun smoke. The use and directed by Norman McDonald stars William Conrad as Matt Billen, U.S. Marshal. The story was specially written for gun smoke by Les Crustfield, with a editorial supervision by John Messon. The music was composed and conducted by Rex Corey. Sound patterns by Tom Hanley and Bill James. Featured in the cast were Harry Bartel, Jean Bates, Barney Phillips, and Ben Wright. Harvey Baer is capture, Howard McNear is Doc, and Georgia Ellis is kidding. Our thanks to CD Radio Mirror and to you, our listening audience, for selecting gun smoke as the best western program on radio for the third consecutive year. We are also pleased and proud to announce that William Conrad was selected as the best western star. The results of this annual poll appear in the current issue of the CD Radio Mirror. Join us again next week for another story on gun smoke. This is the CD Radio Network.


What is going on guys welcome back to the channel and I appreciate you being here today I am back with another destiny 2 video and today we're going to check out the little bit of gameplay We got under 1.2.0 update. It shows what in my opinion is a very different PVP From what we're used to with destiny 2 this mini 1.2.0 preview shows some sniper rifle gameplay Which we can see has had many many changes from the sandbox team to try and make snipers a little more well Useful because let's face it ever since snipers got put into the power weapon slot They've basically become utterly useless changes were definitely needed to make them more of a viable weapon I mean rockets are the go-to power weapon Yes, you see a few people using shotguns and a few colonies here and there but for the most part It's all rockets this system of two primers is one of the two things which people were still not happy with Even after last week's twab which showed many of the sandbox changes coming But we will talk a little more about that later So the sandbox changes were mostly covered yesterday via the weekly update by bungee I won't go through them all as I did that the day before yesterday And if you missed that I will link it within a video description But there's so many changes it was unreal but firstly let's analyze this gameplay This is PlayStation footage by the way, and I'm also sorry about the quality now when I first saw this I actually thought it was PC footage because when you initially see PC gameplay It looks way more fluid and fast-paced and that's what I got from seeing this You can see the difference in the default increased movement speed and it's quite surprising for sure of how quick it does look Also remember guys PvP will be available in 6v6 too. So at this speed paired with 6v6 It's gonna be quite hectic on smaller maps, but I think this will be more fun for sure So we see gameplay from the sniper Obviously the person using it isn't a noob, but the difference is unreal the changes made to snipers are as follows Increased PvE damage for all snipers, increased precision multiplier, increased aim assist and increased inventory size Allowing for more reserve ammo to be stored. The aim assist here though you can see taking effect I mean this dude lately misses a headshot It just looks way more easy than what it was actually reminds me of how it was in Destiny 1 So I think this is great PvP in Destiny 1 when it was at its best was like this snipers were fun to use so were shotguns and so were most other weapons Weapons in Destiny 2's PvP in its current state are all born to use I mean you got the usual gift the origin story the last hope the milder multi-tool and that's about it No one ventures out to other weapons or rarely they do anyway And that's because you don't need to Destiny 1's PvP does so many other weapons you could use which were fun to use There's so many more viable weapons to use where you had the opportunity like snipers and shotguns That just isn't the case in Destiny 2 another thing you can see here is the power ammo books dropping from enemies Who have just recently been killed which is another new feature to this 1.2.0 update Also the fact that power ammo were also spawning much quicker into maps power ammo respawn timers were adjusted across the board Power ammo respawn timers in Iron Band have been reduced by 50% in quick playing modes It's been reduced by 30% in survival It's been dropped by 40% and in countdown. It's been dropped by 25% So at this rate the new rate of power ammo on the way it was spawning It's going to be crazy, but it brings power weapons more into the game Which is what is missing at the moment, especially the buffs they have done to other power weapons We should see more shotguns. We should see more snipers. We should see more grenade launchers Which have also received their buff and so forth And this means we back to the remaining issues people are having with the game after many of these epic changes From the sandbox team have been made into the game People are still not happy and say they won't ever be happy until the old weapon layout returns a primary a second And they're heavy. I can almost guarantee you that that won't ever happen The game has built an old crappy engine and certain changes take several months to implement as we all know Changing the entire weapon system is something that is just way too much work But you can see with the changes being made in a 1.2.0 update that bunch are trying to bring power plans More so into the game and I believe we will see more of them come with this update Yes, it won't ever be as good as the old system in the eyes of many But me personally I actually don't feel it's that bad as it is and with the crucible power ammo Changes and the buffs come to most power weapons. I feel we will see much more of said items But remember also we have many other changes coming across the board to speed things up So you get the pace of the game to one of a little more excitement Ability cooldowns respawn timers and more timers and so forth. I think this will be great in the end For me though pvp the way is at the moment isn't too bad But there's just nothing to play for it may we get a big update along with a new dlc and ranks to chase Incrucible this I am super looking forward to because as much as I do love the look of this speeded up pvp I still feel that much to chase people will get bored pretty quick That's why I can't wait until May when more things come for us to chase It should be decent times The question I still have is though. Is this enough to save the game as much? I'd love to say that is the case I ain't sure it is many many people big streamers big content creators I like the community are saying that this is not enough But only time will tell but what do you think let me know down below within that comment section Also, let me know what you think about this speeded up 1.2.0 pvp gameplay Do you think it looks better let me know But thanks as always for stopping by people and hopefully people I will see you on that next one


Grass-fed versus grain-fed beef. In this video I'd like to cover nutrients, antibiotics, you know, negatives of farming practices. We're going to taste them both raw and cooked as well, and just kind of tackle any question you might have in regards to grain-fed versus grass-fed beef. Now, we know grass-fed beef has three to ten times the amount of certain vitamins from carotenoids to vitamin E to various omega-3 fatty acids. The question is, how dependent is that on pasture quality? And that's the real kicker here. Not only is it dependent on pasture quality, grain-fed beef can have multiple times the amount of fat that grass-fed beef does. So although a piece of grass-fed beef might be, you know, three to five times higher in an omega-3, it might not have the same amount of fat. So it might even out in the long run.  The next concern is the antibiotic usage in these meats. And I have a lot of evidence I'm going to link you guys. It definitely impacts gut bacteria. It definitely damages your health overall. This is the main concern, and not even just grain-fed beef. You could give antibiotics to aggress an animal. So, you know, the lower quality your meat is, all of those concerns, like, this is the main concern. The main reason I would stay away from grain-fed beef, not only that, the way they feed the animals, the animals are sick, they're not raising the most ethical conditions. There's multiple reasons not to consume grain-fed beef from any perspective, any way you put it. And this doesn't take into account, like, chicken, poor, high omega-6 ratios, the inflammatory aspects of that. There's multiple negative things that we know you shouldn't be consuming grain-fed beef. Now, hypothetically, if the animal wasn't fed antibiotics, and you ate liver, and caliber oil, and supplements, and other nutrients, wouldn't you be fine? I would think so. So, let's move on to tasting these foods, and kind of, hypothetically, think, why would someone want to eat grain-fed beef over grass-fed beef? So, I just went to the supermarket and purchased what I thought was a fair comparison for beef. So, I bought a grain-fed ribeye, and I bought some grass-fed ribeyes. And if we put these, let's choose the... Both of these grass-fed ribeyes are pretty much the same. How do we tell the difference between grain-fed and grass-fed beef? And in this example, it is painfully obvious. You know, the grain-fed beef tends to be a slightly lighter color. The fat is much more white. This is the main determining factor. Obviously, if the fat was yellow on both of these steaks, you know, even though we can see this is a deeper red, it's not as apparent of a difference. So, what we're looking at is the color. The grain-fed beef is lighter. The fat tends to be much wider in color because the animals store the nutrients in their fat. And, you know, from looking at the beef, you can almost always tell if it's grass-fed or if it's American grain-fed. In other countries, the differences are much more drastic. And, of course, the size of the steak. You know, these animals are bred to be much larger.  You know, there's very apparent differences here. And, you know, one analogy I like to make is, you know, and this is the reason I think a lot of people like grain-fed. Like, if you don't have grass-fed butter, if you don't have trimmed fat to eat with this, then how can you expect to make up for the fat content? That's probably why some people don't feel good on grass-fed beef. I mean, in regards to fat content of these two steaks, it's actually pretty close. So, you know, but for the most part, if this was a leaner steak, you know, it helps to have this fat, butter, egg yolks. Here I have some fertile, pastured eggs. Those are all great sources of fat. Okay, we're gonna taste these steaks raw and go over the flavor. And first we're gonna taste the fat of each steak, then we're gonna taste the protein of each steak. Here's a piece of the grain-fed fat. It's white, very hard when I squeeze it. This is why, like, if people haven't tried raw primal or just tasted raw grain-fed beef compared to raw grass-fed beef, like, I just don't understand how they haven't done that. That's gross. I'm gonna try the protein on the grain-fed. It's not bad. It's tender, very lean. As you know, that grain-fed beef tastes, it's not nearly as bad as the fat. Now I'm gonna try the fat on the grass-fed steak. So, it's a bit, you know, it's a bit more yellow off white. When I squeeze it, it's softer. It doesn't have that off-taste. Now I'm gonna taste the lean part of the grass-fed. Not as tender, definitely chewier, definitely different flavor. I personally like the grass-fed flavor more.  Like, to me, what we'll see later is after I cook these steaks and taste them, you all understand that the char flavor and the salt and everything covers up the negative taste of the grain-fed beef because I can't even decide for those negative tastes after tasting, after cooking it and seizing it and everything. Okay, guys, so I've prepared the steaks the same way. I did cook the grass-fed steak a bit less because that's just how I like it, but I cook the grain-fed steak to about medium-rare where most people like it. This is the temperature of the grain-fed steak and the grass-fed steak is cooked below. So, as I spoke about earlier, I think the reason people like grain-fed steak so much is because it's more tender and the salt and the grill flavor covers up the negative flavors of the fat. So, let's see how true that holds. So, I'm gonna try just the eye part of the steak first for the grain-fed. Now, I'm gonna try the the spinalis part of the grain-fed steak. The more tender and more flavorful part. I mean, I think it's delicious. No black pepper, salt crossed, perfect char from the grill. I think it tastes good. So, let's try the grass-fed steak now. Both of these steaks are delicious. For me, the grass-fed steak has way better flavor. Some people, I don't really taste the grassy or gaminess in this. Sometimes people might just get some bad beef. I will say, I think most people might actually like the grain-fed steak more because most of the time it has more fat. If this grass-fed steak didn't have almost as much fat, we might be having a different conversation. Also, the grain-fed steak is more tender. That's, I think, the main driving factor behind why people like grain-fed. Obviously, if you were eating this raw, you know, the grain-fed just has an off-taste to it. So, I think we can understand why people on the zero-carb carnivore diet enjoy eating grain-fed beef so much. I'm sure if they experiments it with raw primal, I'm sure if they experiments with organ meats, they would understand the importance of quality and how the food tastes.  I think that's enjoyable and tasty, but I noticed that trying to bake your diet for two days, I was always hungry. I was bloated. I just felt like I couldn't fill up my stomach. Not to mention that negative antibiotic possibilities, you know, the lower nutrient content. So, overall, I think we just need to summarize that, you know, regardless, the zero-carb carnivore diet will be healthier than all other diets because you remove inflammation. That being said, increasing the vitamin content of the diet drastically improves metabolic function, digestive health, removes other negative things. I think that's taking the real next step. And for anyone saying, oh, well, animals are meant to be fed grains. Well, a crude soy feed made from corn and corn flakes and candy and all that BS. Yes. If we had a high-quality grain-finished, antibiotic-free cow, that's not what you're buying in the supermarket, guys. I hate to break it to you. And who's to say even the grass beef I buy is antibiotic-free. So, you never really know. These are just the pros and cons of both. I kind of said, I mean, I've tasted fatty grain-fed beef. That tastes better than lean grass-fed beef. I think grass-fed beef tends to taste better on a lighter cooking temperature. That's why most people don't like it as much. Just so many factors are going to taste and flavor and just people would rather prefer salt, char, and tenderness over the extra flavor that the grass-fed beef has. So, you know, in other videos, we could take some fat here and there. We could compare liver. I might compare butter. I might compare egg yolks. But what's the point of really doing those things? Because they always taste better. I don't think anyone's going to argue that grass-fed butter tastes worse or things like that. If you guys like to support me, please just share the video. I'm going to put links for the nutrient content of grass-fed versus grain-fed as well as the negatives of the antibiotics. And if you guys want to compare me to the other carnivores, if you guys want to say, oh, well, Schoenberger, does this, McKellipusen does this, come on. Please. Who looks like they used to make marble sculptures out of them? Let's be honest.


eBay just came out with a crazy update for people who are shipping internationally. And they're making it easier than ever to start making some pretty good profits. So if you're not shipping internationally yet, what's wrong with you? Up until now, eBay has been using their global shipping program for international shipping. But starting July 1st, that's gonna completely change. They're getting rid of that program entirely. eBay is gonna have their eBay international shipping. You're pretty much gonna be able to ship worldwide and start making some more money. All you have to do is send your product to the eBay hub and they'll take care of literally everything else. And the craziest part is that it's at no cost to you. So this is a screenshot of the email we received from eBay. It says, if a buyer wishes to return an item, eBay will provide them with a return label and issue a refund at no cost to you. That is pretty crazy. There are no international selling fees. Now make sure you check your email to see if you've been enrolled because eBay is sending out these emails pretty much every day. Make sure to subscribe and like for more dropshipping related news and videos.


Welcome to the session in which we will discuss convertible preferred stock. What is the big idea of convertible preferred stock? Well convertible preferred stock is one of many types of preferred stock such as cumulative, non cumulative, participating, so on and so forth. But the convertible preferred, it has a special feature where it gives the holder, not the company that's issuing the preferred stock, the option to convert to exchange the stock, the preferred stock into common stock. Simply put switch teams from being a preferred stock to being a common shareholder. Well, same concept as convertible bonds. So if you learn about convertible bonds, you will see convertible stock is very similar. Why do we need to learn specifically about convertible preferred? The reason is simple. Convertible preferred are considered dilutive securities. What are dilutive securities? Dilutive securities are securities that could be potentially converted into common stock and by definition convertible preferred could be converted into common stock. And as a result, it could dilute earnings per share. It means it will bring down earnings per share. Don't worry about this. Just for now, no, it's dilutive security. And when we'll talk about earnings per share, we'll explain with details, with figures, how does that work? Now, why do companies issue those convertible preferred? Well, just like with bonds, you want to appeal to less risky investors, to less risky investors. Why? Because common stock is quite risky. Convertible stock, convertible preferred, it's still risky, but less risky than common. It's even riskier than convertible bonds, but less risky than common. Also, you want to raise money. The company wants to bring money so we can operate the business by delaying the actual ownership dilution. So we want to raise money, but we don't want to give the new owners any saying in the company. So we'll tell them, look, give us the money now, buy our preferred stock. And if you like the company, if the company makes a profit, you have the option to switch teams and make profit with us as a common shareholder. Now, when we convert those preferred stock, we're going to be using just like with convertible bonds, the book value method. There's no justification to book again or a loss from your own stock unless, of course, you are enron. That's what they did. They will buy and sell their own stock and book again. Now, the best way to illustrate the concept of convertible preferred stock is to actually look at an example. But before we look at an example, I would like to remind you whether you are an accounting student or a CPA candidate to take a look at my website farhatlectures.com. I don't replace your CPA review course nor I replace your accounting course. I'm a useful addition. My motto is saving CPA candidate and accounting student one at a time. I offer you lectures, detailed lectures, resources that's going to help you succeed. Take a look at my website. If not for anything, if not for anything to find out how well or not well your university doing on the CPA exam. Also, I would like to let you know that I have a course catalog intermediate accounting, managerial, auditing, governmental, tax with additional resources, lectures, multiple choice, all organized by course and chapter. My CPA material will be aligned with your Becker, Wiley, Roger and Gleam. So it's very easy to go back and forth between my material and your CPA review course. I also give you access to 1500 previously released AICPA questions with detailed solution in addition to thousands of multiple choice practice questions. If you have not connected with me on LinkedIn, please do so. Take a look at my LinkedIn recommendation like this recording, share it with others, connect with me on Instagram, Facebook, Twitter and Reddit. So let's take a look at this example and I'm going to issue the stock first then convert it. So this way you see the process from A to Z and this will be a review for you. Adam Company issued 10,000 of its $10, 6% convert will prefer for 150,000. Simply put, the power value is 10. This preferred stock is paying 6% and we raised 150,000. The conversion rate is for every five preferred, you will get one common stock that has a $2 power value. So let's take a look at the entry at issuance. We're going to debit cash 150,000. We're going to credit preferred stock, the number of shares issued times the power value, which is 10,000 shares times $10 per share is the power value. And what's left is paid in capital preferred 40,000. And basically I want you to see that it's the same as issuing in quote, regular preferred stock. So when you issue it, you basically ignore the conversion feature because the preferred may or may not convert.  Now let's assume that they do convert. What's going to happen if they do convert? And we're going to assume they're going to convert everything to common stock. Remember the rate is for every five you would receive one common stock and the common stock has a power value of $2. Well, when they convert, first you have to remove the preferred stock and it's paid in capital. So we're going to debit preferred stock, debit paid in capital preferred. Now we're going to issue the stock. Well, if we have 10,000 shares, we're going to divide them by five because for every five, we're going to get one common. So we're issuing a new 2000 common stock. Well, 2000 common stock times $2 power value, that's going to give us common stock of $4,000. And guess what? The remainder will be paid in capital common stock 136. Once again, notice there is no gain and no loss. You cannot book a gain or a loss from exchanging your own stocks. Now the holder of the preferred might have enjoyed a gain or who knows, they're not going to convert if they incur a loss, but if they enjoy a gain, that's for themselves to record that gain and book it. But for the company, they cannot have a gain or a loss from exchanging their own stock. At the end of this recording, I'm going to remind you to go to my website, farhatlectures.com, subscribe, work multiple choice questions. Don't shortchange yourself. To learn this, you have to invest a little bit more in your time, maybe a little bit more of additional resources. I don't replace your CPA review course. I don't replace your accounting course. I can help you do better. Give me a chance. Good luck, study hard, and of course, stay safe.