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Based on SGI President Ikeda’s lecture on “On the Buddha’s Prophecy,” this characterizes the Latter Day of the Law in regard to Shakyamuni’s teachings
What is "It is an age when his influence as a teacher declines, his teachings lapse into formality and Buddhism as a whole loses its power to lead people to enlightenment. It is a time when
Shakyamuni’s teachings remain in form only and are neither practiced nor produce any proof of benefit (enlightenment). It is also an age when people’s life force wanes and when the age itself becomes polluted."