Neighborhood Ministries

The Bible says that there will be a world dictator who will seize control in the last days but it does not say when it will occur. It could be any time. For that to happen, there must be a world-wide crisis that will force the nations to unite under one world government. President Obama pushed the nation deep into debt to support his failing economic policies. He supported his spending by printing trillions of dollars of money which was worthless because the money was not backed by anything. It was basically a promise to pay. President Trump reversed many of those policies and tried to get us back on a firm financial policy, but President Biden has restored many of those policies and inflation has returned. That is dangerous since most nations today are stockpiling American dollars because it is more sound than any other currency. That contained inflation temporarily. However, many nations are seeing the possible collapse of the American dollar and shifting to precious metals and other currencies so that we could face a sudden collapse in the value of the American dollar as other nations begin selling them off. If that happens, American dollars could become worthless overnight causing the collapse of our economy. If the United States collapses, it will take down a great deal of the world because they are so dependent on us and could easily lay the groundwork for a world-wide dictator to take power. I go into government and economics in “Truly In The World, But Not Of It-part B” under “Government” and “Economics”.

Liberals just passed the $20 billion dollar “Inflation Reduction Act” and it was signed into law. They are promoting it as a great success. However, you need to be aware of what they have succeeded in doing. They will promote it as a great accomplishment in reducing inflation, however examining the facts will point out certain problems. First, they are responsible for the inflation with the massive spending bills that they have passed. Inflation is caused by a lot of money available with few goods to purchase. Goods are in short supply due to their failed economic policies and adding more money will only accelerate the inflation. To counter that, the bill includes massive new taxes on the middle class to reduce the money supply. As a result, the middle class will lose due to both inflation and higher taxes. They passed out a massive amount of money in the form of free benefits to make people grateful to them and vote for them, but nothing is ever free. They now have to take back all the money they gave out but it will be buried in your tax bill so most people won’t see  it, because it will be just a line item on their paystub. People will be grateful for the benefits and not realize how high a price they are paying for them. The rich will shift their funds to non-taxable funds and raise prices on what they sell so the main burden will fall on the middle class. The inflation is usually followed by a recession due to declining sales. The middle class lose again as declining sales reduce work and income, while the rich benefit by writing off their loses as tax deductions. As a result, the middle class lose both ways. Second, the bill includes funds for a massive number of new IRS agents who will join the large number of FBI agents that President Obama hired just before leaving office in harassing and threatening conservatives who oppose their liberal policies.