Archive for the ‘Biblical Economics & Money’ Category
Sunday, December 23rd, 2007
What is fraud? It is "the intentional deception resulting in injury to another person." The Scripture has several stories containing fraud. Jacob defrauded is brother. Laban defrauded Jacob. The list goes on. Typically, fraud has scarcity connected to it. Jacob thought that Isaac's blessing was going to Esau ...
Posted in Biblical Economics & Money | Comments Off on Fraud and Deception in the Financial Markets: Crisis may make 1929 look a ‘walk in the park’
Monday, December 17th, 2007
An article in the Telegraph (U.K.) this weekend discusses the need to reduce the capital reserve requirements of banks (see http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/15/cnbanking115.xml). The reserve requirements of a bank dictate or govern the amount of money banks can loan. It is a "buffer" or reserve of cash to guard against ...
Posted in Biblical Economics & Money | Comments Off on Code Red: International Banking Liquidity has serious problems
Thursday, December 6th, 2007
Many people who read this site have financial assets whether they be bank deposits, stocks, or bonds. In recent years, the financial industry has promoted the use of electronic deposits of stocks, bonds, and other instruments. I am no longer confident that this method is safe from disruption. ...
Posted in Biblical Economics & Money | Comments Off on Financial Safety within the System: Current Status-Orange
Sunday, December 2nd, 2007
On a recent flight I sat next to a gentleman from Venezuela. We spoke about the economic conditions within the country. The people are restricted in their ability to purchase goods outside the country. The current political system has strongly endorsed the use of credit cards by its people. Why? ...
Posted in Biblical Economics & Money | Comments Off on The Quest to Control Currency
Sunday, December 2nd, 2007
1 Timothy 6:10 “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” In a recent trip abroad, I once again saw the continued decline of customer service. Doesn’t ...
Posted in Biblical Economics & Money | Comments Off on Customer Service Economics
Monday, November 19th, 2007
In Macroeconomics (Analysis of the overall economy) many economists focus on the business cycle. Every country moves in some type of "cycle". A cycle is comprised of two aspects: a period of expansion and a period of contraction. This cycle is found throughout nature. It is similar to ...
Posted in Biblical Economics & Money | Comments Off on Expansion and Compression
Monday, November 12th, 2007
Each of us received a calling from Our Heavenly Father. In order to fulfill that calling we were given gifts to operate effectively in our calling. Our gifts vary from calling to calling. For discussion purposes, callings can be separated into two categories: tangible vs. intangible. ...
Posted in Biblical Economics & Money | Comments Off on The Quest for your gifts without your calling.
Monday, November 12th, 2007
Real money is a medium of exchange that has no inherent liability tied to it. A liability infers a future performance requirement. A liability is a debt. A debt must be paid. Money is global in nature since exchange occurs beyond the borders of a country. As a ...
Posted in Biblical Economics & Money | Comments Off on What is real money?
Monday, November 5th, 2007
Jeremiah 1:5 "Before I formed you in the womb I knew you; Before you were born I sanctified you; I ordained you a prophet to the nations." We are told by THE LORD GOD ALMIGHTY that HE knew us before we were formed in the womb. It ...
Posted in Biblical Economics & Money | Comments Off on 10/19/07 What is your calling?
Wednesday, October 17th, 2007
In The Scripture a man with great possessions approached Jeshua:
Mar 10:17
And when he was gone forth into the way, there came one running, and kneeled to him, and asked him, Good Master, what shall I do that I may inherit eternal life?
Mar 10:18
And Jesus said unto him, Why callest thou ...
Posted in Biblical Economics & Money | Comments Off on 10/17/07 The Rich Man’s Dilemma