Bible Economics 101 - Prov 16:11 A just balance and scales are the Lord's; all the weights of the bag are His work [established on His eternal principles]

If you are a thinking person, you have to wonder who is painting a clear picture of our nation's current economic crisis. Politicians only do what is needed to be reelected, and therefore their views are often distorted . As a Christian thinking person, whom I claim to be, I look to the Bible as the governing LAW that describes how our economy works and how it fails.

Let us start with Bible Economics 101 - Prov 16:11 A just balance and scales are the Lord's; all the weights of the bag are His work [established on His eternal principles].

When any economy no longer provides a just balance to the people it is a violation of GOD's law and therefore there will be consequences. The consequences are designed to restore equity and integrity to the economy.

As the scripture says a just balance and scales are of the Lord's - The Banking system is NOT based on a just balance.  Here is a simple principle, lending can only occur when there is savings. If you ask me if i can lorn you a 100 dollars I can only lend you a 100 dollars if i have a 100 dollars.  That is a just balance .

Here is how the Banking system works- If I go to the bank for a loan the bank does not have to have the money in savings from depositors to give me the loan. Not at all a larger central bank tells your bank go ahead and give you the loan anyway, and if neccessary we will have the treasury print more dollars if we run out.

Now the balance of currency has just be disrupted . Savings are critical to economic grwoth and security. In order to be in line with the Bible we must never borrow money that does not come from real savings. When you borrow money where there is no  savings, you know what this is called???? It is called a "Ponzi Scheme". meaning there are no equitable assests involved.

I decided to write this post largely becuase of how so  many people are ignorant of this basic finanacial principle.

Our Federal Reserve is increasing money supply dishonestly through a fancy word called "Quantitative Easing".

Many people refer to QE as the government printing money. Well that is not fully correct. This is how quantitative easing is done. The FED goes out and buys billions of dollars of US Treasuries. Their purchase then increases the demand for treasuries , artificailly rasining their value and thereby increasing the money supply in the economy. Basically it is all smoke and mirrors people.

Here is the danger in all of this like I wrote earlier , when you violate GOD's law you will suffer in the end. Our economy is being held up by artificial means and one day a stoem will come and a wind will blow. Because our economic foundation is artifical great will be the fall of this economy.   If China or Japn decide to cash in their tresuries our monetary system will fall like a deck of cards.