In this very practical episode, I discuss the current state of the economy. I talk about interest rates, inflation, the supply chain, and other matters that concern all of us.
I explain economic indicators, the stock market, and seemingly contradictory data that is perplexing to the consumer. I try to anticipate your weighty questions on your personal economics – your personal household economy.
What is Actually Happening in The Economy?
What is actually happening in the economy? How do we separate fact from fiction in this volatile environment? Can we trust the financial press? What are we to do to react to these changes in the economy?
How do we keep pace with inflation and the rising prices that we see on essential goods? What is consumer choice theory? How do consumers express demand?
I take on these important issues in this timely episode of Relentless Truth. I explain the tools utilized by The Federal Reserve to accomplish their mandates from Congress. Why is the FED raising interest rates, and what are they hoping to accomplish by doing this? The answer to this and other questions will unlock some of the mystery in these frightening economic times.
Government’s Role in The Economy
I walk through a step-by-step process that we can all employ now to protect ourselves. I discuss our government’s role in the economy including their perceived and actual impact on the economic issues impacting all of us. I talk about government spending and monetary policy and a straightforward, helpful way.
In this episode, I explain that government doesn’t generate wealth – it redistributes wealth. I discuss the need to balance the Federal budget and the implications of this on the economy. I call for all Christians to vote for Congress and other representatives who will actually protect our long-term economic interests.
We close these thoughts with our great hope in Jesus Christ. These unpredictable economic conditions should drive us to the cross and to rest in our Lord.