Editor’s Note: This is the latest in an ongoing series.
I ended my last column for the Bulletin quoting Paul’s exhortation in 1 Corinthians 6:2, “Do you not know that the saints will judge the world.” Paul knows Jesus is judging all people, what he is referring to is world systems. For example, human trafficking is a world system Christians are to judge.
What we are taking about now is the world economic system, more specifically our U.S. economic system. Most people sense that our U.S. economic system smells, or rather stinks. What the current administration will not admit is that inflation is now deeply embedded in our financial system.
For instance: Gas prices are up more than 25 percent since last December, lumber prices are up more that 180 percent in the past year, health care is up 65 percent according to Kaiser Family Foundation, Bloomberg reports global food prices has soared to a 6-year high and continues rising, up 50 percent since the covid scare began. The head of the World Food Program predicts 2021 could result in “famines of biblical proportions.”
Businesses around the country are crying for workers who are unemployed but making more money from government stimulus payments. Household debt now sits at $14.6 trillion, the highest ever on record, 44 million Americans are on food stamps. The U.S. dollar is on a steady freefall.
What is causing today’s inflation? The answer is money printing, specifically, government stimulus. The World Economic Forum has written these stimulus printing programs make Americans more dependent on the state. Is that what the state wants, a movement away from capitalism toward socialism?
When Jesus returns will He find a nation dependent on government (socialism) or one accepting personal responsibility of capitalism.