Archive for the ‘Biblical Economics & Money’ Category
Wednesday, December 18th, 2013
Reported November Annual Inflation: 1.2% (CPI-U Government) 1.1% (CPI-W Government) 8.8% (ShadowStats.com) We are experiencing the 3rd number consistently. When you see a new menu for your favorite local restaurant, you can be assured that the prices increased. I guess everyone needs to move to ...
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Tuesday, December 17th, 2013
The latest idea to be considered is to retroactively change the tax law. This could get ugly quick! In essence, if a business depreciated an asset according to the best depreciation method at the time, it would reduce the tax liability for that year and increase cash. However, there would ...
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Saturday, December 14th, 2013
This week Congress passed a budget proposal to stave off another budget standoff. I am sure they know the populace must start “forgetting” before the November elections of 2014. Once again, self preservation is guiding the politician’s action, his continued employment depends on it. Expect the Fed to taper ...
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Thursday, December 5th, 2013
The U.S. Government is on the hook for over $200 Trillion. We either need 57% more tax receipts or 37% less expenditures going forward to have any chance of surviving this black hole of current and future committed liabilities. The politicians have mortgaged our future, our children’s future, and our ...
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Wednesday, December 4th, 2013
The Chinese Yuan has now surpassed the Euro as a trade currency, and the U.S. Dollar is in its sights. China is methodically implementing its long-term strategy to replace the U.S. Dollar. It is no longer buying U.S. Treasuries. The current ratio of Dollar to Yuan trade transactions is 10 ...
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Monday, December 2nd, 2013
The following chart represents the spread between the Brent (World) Crude Oil price and the West Texas Intermediate (Domestic U.S.) price: Matt Simmons, the investment banker who specialized in the energy sector, explained that the WTI oil was a higher quality product versus the Brent crude oil ...
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Thursday, November 28th, 2013
China continues its march to U.S. Dollar independence: It is in anticipation of the Great Leveling, then the Great Reset of all currencies.
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Saturday, November 23rd, 2013
The unemployment numbers continue to be fabricated in order to prop up the financial markets. Why? If investors were to switch from greed to fear, the stock market would take a dive. At this time, it represents discretionary wealth more so than any other investing arena. Bonds continue to represent ...
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Wednesday, November 20th, 2013
Mea culpa is a Latin phrase that translates into English as "through my fault". It is repeated three times in the prayer of confession at the Catholic Mass: mea culpa, mea culpa, mea maxima culpa — "through my fault, through my fault, through my most grievous fault". JPMorgan ...
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Tuesday, November 19th, 2013
The Federal Reserve has become a bubble machine. “Misalignment of prices” is the new term used by Janet Yellen, the next Fed Chairman. Since the year 2000, The Fed’s balance sheet has gone from a few hundred Billion to about $4 Trillion (Okay, $385 Trillion to be precise). The stock ...
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