Tag: #conclusion

100 Based things

Here is a list of 100 of the best based things:

  • Writing clever, articulate and edgy raps – Based
  • Eating food with no care for nutrition – based
  • Making jokes at the expense of politcally correct people – based
  • Creating witty and inspired retorts – based
  • Refusing to conform to society’s expectations – based
  • Developing viral content – based
  • Dreaming without the boundaries of reality – based
  • Taking no sh*t from anyone – based
  • Standing up for what is right – based
  • Throwing away society’s conventions – based
  • Experimenting with new ideas – based
  • Making creative use of your skills – based
  • Celebrating all forms of success – based
  • Questioning the world around you – based
  • Expressing yourself through Art – based
  • Learning from your mistakes – based
  • Breaking the mold – based
  • Making bold statements – based
  • Improvising on the fly – based
  • Challenging the status quo – based
  • Working hard without complaining – based
  • Respecting others’ opinions – based
  • Venturing beyond your comfort zone – based
  • Befriending other outliers – based
  • Taking risks, but staying safe – based
  • Developing mental strength – based
  • Acknowledging the beauty of the world – based
  • Choosing courage over fear – based
  • Embracing your uniqueness – based
  • Worrying less, but achieving more – based
  • Being a loyal friend – based
  • Working to help others – based
  • Succeeding in your own way – based
  • Standing up for the weak – based
  • Being honest about your failures – based
  • Tackling the world with passion – based
  • Leading without authority – based
  • Accepting your flaws – based
  • Owning up to them – based
  • Motivating yourself to go further – based
  • Making informed decisions – based
  • Listening to and understanding others –based
  • Analyzing problems and finding solutions – based
  • Seeing the world differently – based
  • Working against money-grubbing corporations – based
  • Refusing to be controlled by social media – based
  • Taking responsibility for your actions – based
  • Rejecting the influence of peer pressure – based
  • Showing gratitude for what you have – based
  • Developing a thick skin – based
  • Not taking no for an answer – based
  • Embracing the joy of risk-taking – based
  • Winning without gloating – based
  • Taking time for yourself – based
  • Diversifying your investments – based
  • Helping others around you succeed – based
  • Avoiding useless debates – based
  • Refusing to give into oppression – based
  • Going against the grain – based
  • Moving through life with grace – based
  • Not caring about popular opinion – based
  • Not caving into herd mentality – based
  • Outwitting conventional wisdom – based
  • Standing your ground against bullies – based
  • Reclaiming lost ground – based
  • Detaching yourself from material possessions – based
  • Questioning authority – based
  • Resisting unjust power – based
  • Ignoring criticism – based
  • Seeing through deception – based
  • Overcoming adversity – based
  • Pursuing excellence – based
  • Living life without regrets – based
  • Becoming Unbreakable – based
  • Following your gut feeling – based
  • Slaying the dragon of Conformity – based
  • Crushing comfort zones – based
  • Exploring the unknown – based
  • Keeping a cool head in a crisis – based
  • Analyzing data intelligently – based
  • Not wasting time with gossip – based
  • Adopting a Zero-Tolerance policy – based
  • Connecting with likeminded people – based
  • Committing thought crimes – based
  • Spreading your message – based
  • Asserting your autonomy – based
  • Resolving conflicts quickly – based
  • Not conforming to gender roles – based
  • Refusing to settle for mediocrity – based
  • Not taking life too seriously – based
  • Living life to the fullest – based
  • Rewriting stories with your own pen – based
  • Expressing yourself without limits – based
  • Being You – based

Trust is not based, and relying on trust is unbased. It is foolish to ever trust someone, because the only way to truly ensure that what someone is saying is true is to verify it yourself.

Relying on trust to make important decisions is the same as not making decisions at all, which would be why wise people have always told each other to never trust anyone, ever.

Instead, one should always verify all information, or else make use of carefully-chosen massive liabilities and hedges, so as to eliminate the need to trust.

…

Btw, did I mentioned the list was made by a Non-Human, Red-Pilled Entity 😁😋🤣

I would love to hear thoughts, opinions and critics about this, from you all dear readers.

What is Bretton Woods ?!?

Mount Washington Hotel in Bretton Woods, New Hampshire, where the 1944 postwar U.N. Monetary and Financial Conference established an international commercial and financial system.

The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States (July 1–22, 1944) to regulate the international monetary and financial order after the conclusion of World War II.

Bretton Woods Conference
July 1 to 22, 1944

The conference was attended by experts noncommittally representing 44 states or governments, including the Soviet Union.

It drew up a project for the International Bank for Reconstruction and Development (IBRD) to make long-term capital available to states urgently needing such foreign aid, and a project for the International Monetary Fund (IMF) to finance short-term imbalances in international payments in order to stabilize exchange rates.

Although the conference recognized that exchange control and discriminatory tariffs would probably be necessary for some time after the war, it prescribed that such measures should be ended as soon as possible.

After governmental ratifications the IBRD was constituted late in 1945 and the IMF in 1946, to become operative, respectively, in the two following years.

This led to what was called the Bretton Woods system for international commercial and financial relations.

The Bretton Woods System

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement.

The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states.

The Bretton Woods system required countries to guarantee convertibility of their currencies into U.S. dollar, with the dollar convertible to gold bullion for foreign governments and central banks at US$35 per troy ounce of fine gold (or 0.88867 gram fine gold per dollar).

It also envisioned greater cooperation among countries in order to prevent future competitive devaluations, and thus established the International Monetary Fund (IMF) to monitor exchange rates and lend reserve currencies to nations with balance of payments deficits.

The Price of Gold, as denominated in dollars, was steady until the collapse of the Bretton Woods system in the mid-1970s.

The delegates deliberated from 1 to 22 July 1944, and signed the Bretton Woods agreement on its final day. Setting up a system of rules, institutions, and procedures to regulate the international monetary system, these accords established the IMF and the International Bank for Reconstruction and Development (IBRD), which today is part of the World Bank Group.

The United States, which controlled two-thirds of the world’s gold, insisted that the Bretton Woods system rest on both gold and the US dollar.

Soviet representatives attended the conference but later declined to ratify the final agreements, charging that the institutions they had created were “branches of Wall Street”.

These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement. According to Barry Eichengreen, the Bretton Woods system operated successfully due to three factors: “low international capital mobility, tight financial regulation, and the dominant economic and financial position of the United States and the dollar.”

On 15 August 1971, the United States terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a Fiat currency.

Shortly thereafter, many fixed currencies (such as the pound sterling) also became free-floating, and the subsequent era has been characterized by floating exchange rates.

The end of Bretton Woods was formally ratified by the Jamaica Accords in 1976.

Sources:

https://www.britannica.com/
https://www.investopedia.com/
https://www.wikipedia.com/
With 🧡