Aloysius Chan's Blog

Very good depiction on how the banks ruin the economy. Unforrunately not anything about the real alchemy, but as profound and hidden as alchemy sounds, so does the financial market. Rated 8.5/10 Disequilibrium - the absence of a state of balance between the forces acting on a system Radical uncertainty - uncertainty so profound that it is impossible to represent the future in terms of a knowable and exhaustive list of outcomes to which we can attach probabilities Prisoner’s dilemma - difficulty of achieving the best outcome when there are obstacles to coopration Bob Hope: “Bank is a place that will lend you money if you can prove you don’t need it” Central banks could replace lost deposits by providing official loans to a bank experiencing a run Risk premium - the rate of return required by investors over and above the return on safe government debt of the same maturity Oligopoly - a state of limited competition, in which a market is shared by a small number of producers or s...

An Explanation of the three irregular steps in the first degree of Freemasonry To understand the significance and meaning of the three irregular steps in the first degree we need to set the scene. Consider the following points and see if you agree that they will cause any man to be anxious, concerned and fearful to some extent: The Candidate knows that he is about to endue a rite of passage into a society of men he really wants to join. He knows nothing of what is about to happen. He is probably feeling humiliation at being in a state of semi-undress. He cannot see because of the blind-fold. He is probably having grave doubts about the whole experience but having come this far is unwilling to back out – although it has been known and some do. He hears the knock and the doors open and he hears the voices of people inside the Lodge. The doors close and he is still outside feeling confused. The doors open again and he is now taken by the hand and lead over the Thresh-hold. At thi...

EA - Enter Apprentice FC - Fellow Craft MM - Master Mason WM - Worshipful Master AUDI VIDE TACE - Hear See Silent (Contemplation, to employ and instruct) Freemason is a peculiar system of morality veiled in allegory and illustrated by symbols. Peculiar - unique Morality - actions Allegory - parables / fables Symbols - an idea To shape us into perfect ashlar (polished stone) Reading a bible in several ways: literal / allegorical / moral / spiritual 7 Lights Lesser lights - Sun (junior warden; beauty) / moon (senior warden; spirit) / master of the lodge (worshipful master; wisdom) Greater lights - Physical light / volume of the sacred law (light from above) / square (light from within) / compasses (light from without; shining upon others) Royal societies formed around 1500s, an oldest scientist group Questions Why is there structured learning, where are they leading us to? Is FM preparing a certain group of people? Is it a continuation of the New ...