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 supplies, yet the WTI price has been lower since 2010. Why? Price manipulation to prop up the U.S. economy. Don’t get me wrong, I like paying less at the pump for my gasoline. However, any price manipulation has a long term negative effect on conservation of existing supply. By suppressing prices, you expose the consumer to much higher prices in the future.
The price of a product impacts the consumer of the product. Since oil is truly a global commodity, manipulation of price can and will cause shifts in the well being of all mankind. The only question is “When?”.
Another example of economic manipulation is the current Quantitative Easing by the Federal Reserve. A similar philosophy of loose money was adopted in “Roaring 20’s” by the Fed. The following chart compares the two periods:
The third graph depicts the “tinkering” with the definition of Consumer Price Index (CPI). This index determines how much Social Security recipients receive in cost of living raises:
Over the last 30 years, the average person is making less money in real terms. Now you know why that coffee costs $2 at IHOP and we are told inflation is in check.
These disparities simply represent the perpetuating illusions that those in power use to manipulate the populace and keep them at bay. This will not continue forever. There will be a Great Reset and you need not be caught unaware. As we discussed in yesterday’s online Bible study, you will need wisdom and understanding to guide you through the coming economic challenges. In order to embrace wisdom and understanding, you must change, you must make decisions to protect your heart and not entertain sin and lawlessness. Obviously from the above graphs, lawlessness abounds. However, Love trumps lawlessness and will prevail. These blogs are all about individual preparation for what is coming down the pike. Don’t be caught unprepared by any perceived delays. Use this time for personal growth and maturity in your walk.