PRINCIPLES of FINANCE

 Proverbs 12:24

King James Version

24 The hand of the diligent shall bear rule: 

but the slothful shall be under tribute.

He calls himself a "geek".

But this gentleman geek explains finance pretty well.

In ways no one has ever explained to me before.

"James G. Rickards is an American lawyer, investment banker, media commentator, and author on matters of finance and precious metals."

-- Wikipedia

For a non-finance person like myself, I can appreciate the clarity Rickards delivers.

He makes the complex, plain.

As you will see from a 19-minute video we will share below.

Wherein he reveals where America is today.

And where other countries could be, too.

Affecting everyone's finances as well.

The principles he reveals are sound.

Almost common-sense.

Consider this the shortest course on finance.

Whether government finance, or personal finance.

And the shortest course that tells how America got off-course.

Especially with the current government at the helm.

And the particular monetary policy they've adopted.

Perhaps, it's time for the "trump" card.

Before it's too late.

Click this video now.

Related material:

What America NEEDS

AMERICA in DANGER

The DAY I KNEW

Government Debt

Deflation

GDP

WORLD debt clock

 

The LORD JESUS declared:

John 16:33

King James Version

33 These things I have spoken unto you, 

that in me ye might have peace. 

In the world ye shall have tribulation: 

but be of good cheer; 

I have overcome the world.

What an interesting discovery!

Thanks to Michael Cowan's YT report:

THE FED & Lenders Are Going bankrupt! Shocking New Report

He showed a cool webpage, "U.S. Debt Clock".

In the process, I checked "World Debt Clocks".

You can also check debt clocks per U.S. state.

As Cowan says, it's like watching a "slow motion train wreck".

There's also a "Debt Clock Time Machine" showing the years 1980, 1990, 2000, 2003, 2008, 2012, 2016, 2020, 2022, and "Budget Showdown 2026".

Banks and currencies may be predictably unpredictable, but born agains take heart from Scripture:

Psalm 34:17-22

King James Version

17 The righteous cry, 

and the Lord heareth, 

and delivereth them out of all their troubles.

18 The Lord is nigh unto them that are of a broken heart; 

and saveth such as be of a contrite spirit.

19 Many are the afflictions of the righteous: 

but the Lord delivereth him out of them all.

20 He keepeth all his bones: 

not one of them is broken.

21 Evil shall slay the wicked: 

and they that hate the righteous shall be desolate.

22 The Lord redeemeth the soul of his servants: 

and none of them that trust in him shall be desolate.

Image: Monoar_CGI_Artist

INTENTIONAL inflation?

 

James 4:13-14

King James Version

13 Go to now, ye that say, 

To day or to morrow we will go into such a city, 

and continue there a year, 

and buy and sell, and get gain:

14 Whereas ye know not 

what shall be on the morrow. 

For what is your life? 

It is even a vapour, 

that appeareth for a little time, 

and then vanisheth away.

What is inflation?

Can it be created?

How is it controlled?

In the process of taking notes that I may write "On dishonest gain", I came across phrases like "intentional inflation", and "helicopter money".

Wow, so many terms in the world of finance.

Ought we know about these two phrases?

I believe we must.

But first, let the experts define "inflation":

"Inflation is caused by printing more money. The government's monetary policies are responsible for this. Keynesian spending policies and ideology and the abolishment of the gold standard have permitted the government to depreciate our currency."

   -- Dr. Edward W. Younkins

   HOW GOVERNMENT MANIPULATES MONEY AND PRODUCES INFLATION

Through common sense, we can determine "intentional inflation" as inflation, by deliberate intent, or design.

'Helicopter money" is summarized as":

Helicopter money pertains to an unconventional monetary policy tool that involves printing large sums of money and distributing it to the public to spur economic growth.

American economist and statistician Milton Friedman invented the term “helicopter money.” 

Key criticisms of helicopter money include (1) its irreversibility, (2) the potential for hyperinflation, and (3) the devaluation of the domestic currency.

   -- Corporate Finance Institute Team (CFI Team)

   Helicopter Money

Interesting.

Both terms suggest "printing large sums of money".

I'm no economist.

All I know is when economists hear about that, they get concerned.

They say it will lead to inflation.

And then, a recession.

We could all use a recess from all these complicated monetary activities.

Another interesting definition of inflation can be found here:

"Inflation is a form of sovereign default. Paying off bonds with currency that is worth half as much as it used to be is like defaulting on half of the debt. And sovereign default happens not in boom times but when economies and governments are in trouble."

   - John H. Cochrane

   "Inflation and Debt" (National Affairs)

Let's have a look at what experts say:

Rapid inflation — deliberate policy or miscalculation?

BACK TO BASICS COMPILATION  |  FINANCE & DEVELOPMENT (IMF)

Inflation and Debt by John H. Cochrane (National Affairs)

Inflation Meaning by Shivani Chaluvadi (Scripbox)

Forms of Inflation (Toppr)

Types of Inflation, Remedies (UPSC notes)

What Are the Causes of Inflation? by Barbara Friedberg (Smart Asset)

Related material:

On INFLATION

Hyperinflation

The Optimum Quantity of Money Revised Edition by Milton Friedman (FREE sample chapter)

The FEDERAL Reserve

CENTRAL banks

Image: Unsplash

A born again looks at FISCAL policies

 

GOD said:

Job 41:11

King James Version

11 Who hath prevented me, 

that I should repay him? 

whatsoever is under the whole heaven 

is mine.

Why would a born again look at fiscal policies?

It's where the HOLY SPIRIT led me yesterday.

After 42 blogs on the TRIUNE GOD, it was time to look at the plight of the world.

How she operated, who led whom, what fiscal policies were in place, how things could be better.

After all, it's money that rules this world.

Whether paper money, digital money, gold, or silver, it's all the same.

Who controls whom?

Why do we even need to control others?

And yet, money is only an instrument of exchange.

That we may help each other up.

We are not to love money.

1 Timothy 6:10

King James Version

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.

The love of money causes these:

1 Timothy 6:4

King James Version

4 He is proud, 

knowing nothing, 

but doting about questions and strifes of words, 

whereof cometh envy, 

strife, 

railings, 

evil surmisings,

1 Timothy 6:9

King James Version

9 But they that will be rich 

fall into temptation and a snare, 

and into many foolish and hurtful lusts, 

which drown men in destruction and perdition.

And yes, from greed stems financial collapse.

We could have a better world.

But we have to be aware of sin.

We have to know what destroys us.

We have to know the enemy.

We have to know what corrupts us.

What good are the instruments of gain, if it causes another pain?

We are to love GOD.

We are to believe in JESUS.

We are to listen to the HOLY SPIRIT.

We are to be content.

We are to be godly.

1 Timothy 6:6-7

King James Version

6 But godliness with contentment is great gain.

7 For we brought nothing into this world, 

and it is certain we can carry nothing out.

That we may have eternal life with JESUS CHRIST.

Colossians 3:1-2

King James Version

3 If ye then be risen with Christ,

seek those things which are above, 

where Christ sitteth on the right hand of God.

2 Set your affection on things above, 

not on things on the earth.

Whether you're a Christian, or not, it will be worthwhile to remember EVERYTHING belongs to GOD.

The Creator has power over everything.

It's really time to know what ails this world.

Greed must stop.

On this blog are documented the instruments of gain:

"SECRETS of the TEMPLE"

FREE Greider chapters

The FEDERAL Reserve

On INFLATION

CENTRAL banks

On GOLD

On MONEY

On ECONOMICS

What is the DEEP state?

STATES and NATIONS

The ELITE

Why PURE tech is a BAD idea

Debilitating DEBT

The RICH Jew

Tax HAVENS

Kleptocracy

More articles here.

Related material:

Man's greed MUST STOP

WHERE does the MONEY go?

The RAPTURE

Image: joelfotos

On MONEY

 

Proverbs 11:4

King James Version

4 Riches profit not in the day of wrath: 

but righteousness delivereth from death.

What is money?

Why do we need it so?

Read FREE chapters here:

Money: The True Story of a Made-Up Thing

What Has Government Done to Our Money?

The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance

The Theory of Money and Credit

Warren Buffett: Inside the Ultimate Money Mind 1st Edition

Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies

Listen to these videos:

Money: Humanity's Biggest Illusion

Milton Friedman Speaks: Money and Inflation

This Family Secretly Rules The World

Most Experts Are Wrong About the Economy - Robert Kiyosaki, Raoul Pal

Everything You Need To Know About Money, Inflation | How The System Works | ENDEVR Documentary

Image: All Free Download

On GOLD

 

1 Peter 1:7

King James Version

7 That the trial of your faith, 

being much more precious than of gold that perisheth, 

though it be tried with fire, 

might be found unto praise and honour and glory 

at the appearing of Jesus Christ:

Why is gold so precious?

Is it a good hedge against inflation?

Find out from these books (read sample chapters):

The New Case for Gold

The Big Reset Revised Edition: War on Gold and the Financial Endgame

Listen to these videos:

Where does gold come from? - David Lunney

Why Central Banks Buy So Much Gold

Why Russia is buying so much gold | Geopolitics

Is Gold A Good Investment?

Why Gold Is So Expensive | So Expensive

The Gold Standard, Explained

Why Central Banks Buy So Much Gold

HITLERS GOLD THE REAL STORY SWISS BANKS, THE BIS, DULLES AND THE AFTERMATH

Image: Unsplash

The FEDERAL Reserve

 

Matthew 28:18-20

King James Version

18 And Jesus came and spake unto them, 

saying, 

All power is given unto me in heaven 

and in earth.

We can't understand fiscal policy, until we understand America's Federal Reserve, also called the Fed.

Here are some books that may prove useful.

FREE chapters can be read from the following links:

21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19

America's Bank: The Epic Struggle to Create the Federal Reserve

A History of the Federal Reserve, Volume 1: 1913-1951

A History of the Federal Reserve, Volume 2, Book 2, 1970-1986

The Federal Reserve: What Everyone Needs to Know® 1st Edition

The Origins of the Federal Reserve

A Study of the Federal Reserve and Its Secrets

The Roots of the Federal Reserve: Tracing the Nephilim from Noah to the US Dollar

The Creature from Jekyll Island: A Second Look at the Federal Reserve

Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America

The Lords of Easy Money: How the Federal Reserve Broke the American Economy

Videos:

Money, Banking, and the Federal Reserve

How The Federal Reserve Works (And Who Really Owns It)

The Power of the Fed (full documentary) | FRONTLINE

Secrets of the Temple: How the Mighty & Mysterious Federal Reserve Runs the Country (1987)

Secrets of the Temple: How the Federal Reserve Runs the Country - Their Unchecked Power (1992)

Is the Fed running a Ponzi scheme?

Image: Unsplash

"SECRETS of the TEMPLE"

 

(Source: Amazon)

1 Corinthians 6:19-20

King James Version

19 What? know ye not that your body 

is the temple of the Holy Ghost which is in you, 

which ye have of God, 

and ye are not your own?

20 For ye are bought with a price: 

therefore glorify God in your body, 

and in your spirit, 

which are God's.

As born again, I only knew one temple.

The TEMPLE of the HOLY SPIRIT.

Which is our body.

Thus, it must GLORIFY GOD.

Today, I learned of another temple.

At least, how the world would define one such temple.

For the purpose of this post, I am grateful to William Greider, whose video above opened my eyes to his view of financial systems.

He was a journalist, covering economic circles.

And has written many interesting books.

So what if it seems dated to many?

His books were from the 1980s.

And has looked into economic policies of past presidents like Carter and Reagan.

As a former journalist, I've always had respect for older material.

Usually, these serves as foundation for succeeding material.

Any respectful researcher will consider it as such.

And you will find there's great soundness in the stuff I will be sharing with you here, and in the next pages.

We can also read FREE Greider chapters here. 

Through Greider, I am now intrigued by fiscal systems.

Thus, this 43rd blog.

More fiscal mysteries articles here.

Related material:

William Greider quotes

Secrets of the Temple: How the Mighty & Mysterious Federal Reserve Runs the Country (1987)

Secrets of the Temple: How the Federal Reserve Runs the Country - Their Unchecked Power (1992)