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Transcript: What Does Diversity, Equity, & Inclusion Mean? Today we will answer that question adding more insight. Diversity, equity and inclusion is often referred to its acronym DEI. Specifically, diversity is assuring there is a mix of people from diverse backgrounds and experiences included in an organization or group. Equity is ensuring all people have the same opportunities and access to resources, no matter their race, color, creed, national origin, sexual orientation, disability or beliefs. Where inclusion breaks down barriers so all people feel welcome, involved and valued. Pros and cons refer to the positives and negatives of a situation. Pros are the advantages or benefits of something, while cons are the disadvantages or drawbacks. Positive outcomes, also known as pros, are the advantages or benefits which can help create a more diverse and inclusive environment for all employees. This can lead to a more positive workplace culture overall and can also help to attract and retain top talent. D E I can help to promote better communication and understanding between employees of different backgrounds. This can help to prevent misunderstandings and conflict, and can ultimately lead to a more productive and cohesive work environment. D E I is important because there is a mix of people from diverse backgrounds bringing different perspectives and skills to the table, which can make organizations more creative and innovative. When everyone feels welcome and valued, they are more likely to be engaged and productive. However, there is a growing body of research that suggests organizations focusing on D E I can actually have a negative impact. This is also known as cons. An argument against something is better known as cons. In this case, the major con is a decreased focus on merit. For example, when organizations focus on D E I, they may inadvertently send a message that merit is less important than factors like race or gender. This can lead to a decline in standards and the feeling among employees that they are not being judged on their merits. When employees feel that they are being included only because of their race or gender, they may feel tokenized and be valued. This can lead to a decrease in motivation and engagement by all employees. When employees feel that they are being held to different standards than their colleagues, they may feel that they are being judged unfairly. This can lead to a decrease in trust and an increase in tension and conflict. When organizations focus on DEI, they may inadvertently exclude qualified candidates who do not fit the desired demographic profile. What is the difference between DEI and racism? Some say there is a huge difference between D E I and racism, where diversity, equity and inclusion are about creating an environment where everyone feels valued, respected and can reach their full potential. Racism can include discrimination based on various classifications or beliefs such as: • Ethnicity or cultural background • Religion or belief system • Gender or sex • Age • Disability or perceived disability • Socioeconomic status or class • Political affiliation or ideology • Language or accent • Physical appearance or features Today we learned diversity, equity and inclusion are important for a diverse workforce, essential for innovation, creativity and for meeting the needs of a global economy. However, it is important to note that the concepts of D E I are not mutually exclusive and must include merit for performance. This concludes our diversity, equity, and inclusion lesson. Until next time, make it a goal to learn something new daily.

Narration: What is hyperinflation? Today we will learn what hyperinflation is and how to identify it. Hyperinflation could best be described as inflation on steroids or in hyper drive. Hyperinflation starts when the country's government begins printing or borrowing money to pay for IT spending. As the cycle of printing or borrowing money continues goods and services cost more. Early signs of hyperinflation are when the price of something in the morning costs more in the afternoon. Hyperinflation occurs when the price of goods and services rise more than fifty percent in a given month. To keep from paying more in the future, citizens begin hoarding, which in turn creates shortages. As people hoard toilet paper, perishable goods, such as milk, eggs, bread, and produce, these daily supplies become scarce. The downward spiral continues causing hyperinflation. Hyperinflation example: Following World War I, between 1918 and 1924 the German government kept printing money and higher denomination bills. Even the wheelbarrows and baskets were used to carry money to the market. The lower denomination bills became worthless, being used as wallpaper, as fuel for fire, as clothing, children played with money. Another more recent example is Venezuela. In 2013, prices rose 41%. By 2018, inflation was at 65,000%. Wheelbarrows and baskets were used to carry money to the market. Bills became worthless. People began using eggs and other farm grown products as currency. Most people lived in severe poverty. Today, we learned hyperinflation starts when the country's government begins printing or borrowing money to pay for IT spending. ============== Copyright: Short excerpts of media featured in this video are copyright of their respective owners, and are used herein for commentary and reference under "fair use." Please contact us with any copyright concerns if you feel the use of your property does not meet the conditions of "fair use," we'll be happy to comply.

What is a trillion and its relationship with the US national debt We will answer the following questions: What is one trillion? What does one trillion dollars look like? How does one trillion relate to the US national debt? One trillion means the number one followed by twelve zeroes. One trillion seconds equals 31,546 years. If we went back in history 1 trillion seconds we would be walking with cave people! Consider a football field from goal post to go post, filled with $100 bills stacked to a little over seven feet high; that is just under 1 trillion dollars. Let's take a moment and examined the US national debt. In 1837, at the end of Andrew Jackson's administration, the national debt was $336,000. A stack of $100 bills for $336,000 would be about 1½ inches high. Over the next 144 years, the national debt continued to slowly accumulate. By 1981, at the beginning of Ronald Reagan's administration, the national debt was just under $1 trillion. Since then, the debt continued to rapidly increase. A yellow line was added at each $5 trillion level to help to separate the mounting debt. On January 20th, 2021, the day president Biden took office, the US national debt was just over $27 trillion. Within weeks of his inauguration, the national debt grew to over $28 trillion. An interesting Internet site is the U.S. debt clock, at USDebtClock.org. As of April 7th, 2021, it DOES NOT include the $1.9 trillion Coronavirus Stimulus Bill. In the upper left is the US national debt, a little over $28 trillion. Skip over the box to the right, to the debt per taxpayer box. That $224,455 is the debt each US taxpayer is responsible for. You may notice most of the information is rapidly changing. This real time clock contains a plethora of information well worth investigating. In early March, 2021, the US House of Representatives and the US Senate, passed HR 1319, the $1.9 trillion American Rescue Act, also known as, the Coronavirus Stimulus Bill. Bringing the national debt to over $30 trillion. On the horizon is the climate and infrastructure bill which would add an additional 2.2 trillion dollars to the US national debt, reaching a new height of over $32 trillion. In the first year of the Biden administration, the national debt will have grown over five trillion dollars, more than any other U.S. president incurred during their entire term in office. One may ask where the money will come from to pay for the increasing national debt. We covered a lot of information today. This concludes our “what is a trillion and its relationship with the US national debt” lesson. Until next time, make it a goal to learn something new every day. SOURCES: ■ https://usdebtclock.org/ ■ https://www.self.inc/info/us-debt-by-president/ ■ https://www.youtube.com/user/whitehouse ■ https://www.pagetutor.com/trillion/calculations.html ■ https://www.grc.nasa.gov/WWW/K-12/Numbers/Math/Mathematical_Thinking/how_big_is_a_trillion.htm ■ https://www.rapidtables.com/calc/time/seconds-in-year.html ■ https://conquerordesigns.com

A short video on what is and how to identify HYPERINFLATION. Script: What is hyperinflation? It is when the price of goods and services rise more than 50% in a given month. Hyperinflation means the price of something in the morning would cost more in the afternoon. Hyperinflation starts when the country's government begins printing or borrowing money to pay for its spending. As the cycle of printing or borrowing money continues goods and services cost more. To keep from paying more in the future citizens begin hoarding which in turn creates shortages. As people hold perishable goods such as bread will produce these daily supplies become scarce the downward spiral continues causing hyperinflation. Hyperinflation example: Following World War I, between 1918 and 1924, the German government kept printing money. Doing so the price of money increased, causing the exchange rate to rise from 4 Deutsche Marks, to more than one trillion Deutsche Marks for 1 US dollar. One trillion means the number one followed by twelve zeroes. One trillion seconds equal 31,546 years. Many generations will have come and gone over the 1 trillion seconds. Consider a football field from goal post to go post, filled with $100 bills stacked to a little over seven feet high; that is just under 1 trillion dollars. Returning to the German exchange rate, think of that football field being filled with 100 D-Marks bills and not one hundred dollar bills. Iin nineteen twenty four the football field of the marks was equal to one dollar. Could a person carrying a football field of bills to buy a loaf of bread at the bakery? The German government started printing higher denomination bills: 1 thousand Marks, 1 million Marks, 1 milliard Marks, a milliard is known as 1 billion in the US, 1 billion Marks, a billion is known as 1 trillion in the US. This one billion Mark bill replace the football field of one US trillion dollars. Even then, wheel barrows and baskets were used to carry money to the market. The lower denomination bills became worthless. Being used as wallpaper, as fuel for fire, clothing, children played with money, even making and flying kites made of the worthless money. During this period, production collapsed leading to a shortage of goods, especially food. Because there was excess cash in circulation and few goods, the price of everyday items doubled every 3.7 days. The inflation rate was 20.9% per day. Remember, the definition of hyperinflation is the inflation rate goes over 50% in a given month. Farmers and others who produced goods did well. However, most people lived in severe poverty. Take note, when it comes to start printing or borrowing massive amounts of money that could be an early sign of hyperinflation. Let's take a moment and examined the US national debt. In 1837, at the end of Andrew Jackson's administration, the national debt was $336,000. Remember the football field? A stack of $100 bills for $336,000 would be about 1½ inches high. Over the next 144 years, the national debt continued to slowly accumulate. By 1981, at the beginning of Ronald Reagan's administration, the national debt was just under $1 trillion. Since then, the debt continued to rapidly increase. A yellow line was added at each $5 trillion level to help to separate the mounting debt. On January 20th, the day president Biden took office, the US national debt was just over $27 trillion. Within weeks of his inauguration, the national debt grew to over $28 trillion. In early March the US House of Representatives and the US Senate, passed HR 1319, the $1.9 trillion American Rescue Act, also known as, the Coronavirus Simulates Bill. Which will bring the debt to about $30 trillion. On the near horizon is the climate and infrastructure bill which would add another $2 trillion to the US national debt, making it about $32 trillion. One may I ask where will the money come from. At the beginning of this lesson, we learned hyperinflation is caused by printing and borrowing money. An interesting Internet site is the US debt clock at USDebtClock.org. In the upper left is the US national debt. Skip over the box to the right, to the debt per taxpayer box. That $223,893, is the debt each US taxpayer is responsible for. You may notice most of the information is rapidly changing. This real time clock contains a plethora of information well worth investigating. Money Stacks Avalanche: Wealth Visualization Manifestation HD video courtesy of Conqueror Designs. https://conquerordesigns.com