Interest Revenue and Beer Bottles 03 31 2021
So lets say that you had $1,000.oo in your bank account. Lets say that the interest rate was 12%. Can you believe that they were that much in 1980?
So you make $120.00 Interest Revenue on your $1000.oo the first year. After that it compounds and becomes more.
How many beer bottles is $120.oo The cheapest stuff that there is sells for ~$9.50 per 12 pack of Bottles. So $.79 (cents) per bottle.
So you would be able to buy 151 bottles of beer a year. Or one bottle every 2.41 days. With the interest you earned. And your money would not compound at the end of the year because you drank it all. You drank the compound interest factor!
Now what are the current interest rates? If you have a checking account that pays interest perhaps the rate is one tenth of one percent? So on your $1000 you would earn. (mental math....one percent would be 10 dollars so one tenth of that is 1 dollar. ) You would earn 1 dollar a year. So you would be able to buy one bottle of beer a year.
What happened to the other 150 bottles of beer? You bought those bottles for the banker with your money didn't you! Or perhaps it is wine or Jack he bought with...his money or yours?
Well getting back to a point I made in the article just before this one. I believe that a person who takes an oath to abstain from alcohol and maintains that oath should earn more interest on their money than one who doesn't.
And I believe it is in the best interest of Government to promote such righteousness.
"Why don't I gets no interest on my money," the adult drunkard will ask.
"Because you drank it already," is the answer.
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Dizzy Lizzy Governors. I find it really upsetting when I hear a Government office say that they had to legalize pot because of the revenue it creates. Anyone who say's something like that is completely ignorant as to the liability that comes with drug usage to our Country. Someone that ignorant should have never made it into public service.
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Instead of paying interest to the banker for bottles of beer what is wrong with a policy that pays interest to the non drinker in that same amount/rate?
A serious question, when Government Policy is really promoting Satanism?
And indeed we will call that the opposite of a religious belief in good? Some elements can indeed be defined as the promotion of Satanism? Gradient scale base religions on how much they are really promoting Satanism versus belief, in good, God, the pursuit of happiness.
Life= it is responsible for disease and making more than 60 illnesses worse.
Liberty= once you start you are not at Liberty to quit because it is addictive.
Pursuit of Happiness= it is a substitute of happiness, not consistent with the pursuit of it.
A Confirmed Drinker by the age of 12? Completely negates the ability to learn and retain anything from High School. So why are we paying increasing property taxes?
© 2021 Thomas Paul Murphy