Archive for the ‘Biblical Economics & Money’ Category
Thursday, December 30th, 2010
Good money must have a number of unique characteristics. (1) It must be durable, which is why we don’t use wheat or corn. (2) It must be divisible, which is why we don’t use a Picasso painting or jade statues. (3) ...
Posted in Biblical Economics & Money | Comments Off on What is “Good Money”?
Wednesday, December 15th, 2010
John Williams’ website www.shadowstats.com provides an “apples to apples” comparison for historic government statistics. Over the years, politicians have redefined inflation, the deficit, and any other statistic the market follows. Why? To improve the perception of the people that all is well. I guess they think we are too stupid ...
Posted in Biblical Economics & Money | Comments Off on Hyperinflation Ahead?
Monday, December 6th, 2010
In the pharmaceutical business, death is an “unintended outcome”. What a polite expression! Sanitizing events is done with positive and negative words. In the political world it is called putting “spin” on the situation, spin the facts around to make a negative look like a positive. This methodology is intended ...
Posted in Biblical Economics & Money | Comments Off on Quantitative Easing 3 (QE3), (QE4), (QEx)
Sunday, December 5th, 2010
The most recent unemployment report set the rate at 9.8%, an understated number. However, the stock market shrugged off this report because Ben Bernanke has promised to keep the market up. How will he do this? By printing as much money as is needed. This is why gold and silver ...
Posted in Biblical Economics & Money | Comments Off on 15.1 Million Unemployed
Friday, November 26th, 2010
Though we have often looked at the economic crisis in the U.S., Europe has it own challenges as well: Man’s attempt at a one world government is not working well. Our Heavenly Father has a better answer!
Posted in Biblical Economics & Money | Comments Off on Trouble in Euroland
Friday, November 26th, 2010
Year to date: The FDIC has closed 146 banks. 2007 to date: 311 banks. Latest Details August 6, 2010 to November 12, 2010: 38 Banks Stated Assets: $13.78 billion Deposits: $11.97 billion FDIC’s estimated cost of closing all 38 banks: $2.72 billion ...
Posted in Biblical Economics & Money | Comments Off on Humpty Dumpty Banks
Saturday, November 13th, 2010
The last five decades converted Ford from a manufacturing company who dabbled in credit to a bank who built cars. The F.I.R.E. economy (Finance, Insurance, Real Estate) resulted from the move away from the gold standard. Unrestricted money creation attracted the corporate treasurers to the profits of financial engineering. GM ...
Posted in Biblical Economics & Money | Comments Off on The Broken Business Model
Tuesday, November 9th, 2010
The manipulation of the silver market has long been a frustrating drama for those of us who watch the metals prices on a daily basis. Over the last several years, there have been many interviews and articles about the observed manipulation but it fell on legislative deaf ears. It would ...
Posted in Biblical Economics & Money | Comments Off on $100 Silver?
Thursday, November 4th, 2010
The Day of Atonement was on the 260th day of this year and is the day Jesus was baptized and marked the trip to the wilderness. On the 300th day of the year which marked the ending to the time of testing, the CFTC announced the investigation to the manipulation ...
Posted in Biblical Economics & Money | Comments Off on The 40 Day Cycle
Tuesday, November 2nd, 2010
The Chinese people are expected to buy 18 million new cars next year whereas the demand in the U.S. will be about 11.5 million. Other developing countries are also on the upswing of energy consumption. We are currently in the shoulder months for gasoline and natural gas but the oil ...
Posted in Biblical Economics & Money | Comments Off on 18,000,000 Cars