Category Archives: Economics

Can Your Presidential Candidate Fix the Economy?

Stolen Jobs, Stolen Future

Stagnating wages, American job losses to overseas workers, underemployment and inequality have all been front-and-center issues for both Democrats and Republicans in this year’s presidential election. Read more

The Money Changers Have Stolen From Our Future – Why We Will Have to Live On Less

My recent article, America’s Level of Prosperity is Not Sustainable, dealt mainly with the yet to come lowering of living standards in the U.S. due to having to pay back external debt to our trading partners. Read more

America’s Level of Prosperity Is Not Sustainable

The proposition that the level of prosperity the U.S. enjoys is unsustainable will inevitably draw scorn from patriots and economists alike. Wealth creation, to many, has no fixed ceiling. Whether because of faith in the idea of American exceptionalism or in Yankee ingenuity or that America possesses an unsurpassed entrepreneurial spirit, or in our military might or that the good times will continue because we are the recipients of God’s favor, many cannot be convinced that our fortunes will decline significantly and for a considerable length of time. Read more

Moving Towards a Cashless Society – Should Christians Be Alarmed?

Cashless transactions are nothing new; they are part of the fabric of modern society.  Online bill paying, credit cards and our phones allow us to make transactions without touching paper money.  But, is a totally cashless society something we should embrace or should the idea alarm us? Read more

Negative Interest Rates – Ingenious, Absurd, or Diabolical?

On January 29, 2016 the Bank of Japan announced it would join the European Central Bank (ECB) and three national banks in the negative interest club. Members in this exclusive club pay their own nation’s banks negative interest to keep excess reserves at the central bank in hopes that losing money will overcome the risk aversion banks have during uncertain economic times. Coercing the member banks to buy assets in this manner increases asset prices and decreases borrowing costs. By loosening credit the central banks believe they will spur economic growth and win the fight against their dreaded enemy – deflation.1 Read more

Feeling Repressed?

Do you feel repressed? No? Well, maybe you should.

Please let me explain. If you live in a nation that has a central bank (and who doesn’t?) then you are probably subjected to some form of financial repression.  Read more

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