Assumptions Used for This Web Site

 

  1. We reap what we sow in life - both on the individual level and corporate/national level.

  2. The little-known Austrian economic model is the best economic model (see also Austrian School of Economics). According to Ron Paul, Austrian free-market economists use the following common sense principles:

    • You cannot spend your way out of a recession.

    • You cannot regulate the economy into oblivion and expect it to function.

    • You cannot tax people and businesses to the point of near slavery and expect them to keep producing.

    • You cannot create an abundance of money out of thin air without making all that paper worthless.

    • The government cannot make up for rising unemployment by just hiring all the out of work people to be bureaucrats or send them unemployment checks forever.

    • You cannot live beyond your means indefinitely.

    • The economy must actually produce something others are willing to buy.
       

  3. Most other models of economics (including the Keynesian model) are flawed, because:

  • They encourage deficit spending so as to stimulate the economy.
    The rich rules over the poor, and the borrower is servant to the lender.  (Proverbs 22:7 NKJV)

  • They encourage people and governments to pass on debt rather than wealth to the next generation.
    A good man leaves an inheritance to his children's children. (Pr. 13:22a NKJV)

  • They encourages people and governments to become wicked.
    The wicked borrows and does not repay, but the righteous shows mercy and gives. (Psalm 37:21 NKJV)

  • They promote dishonest money and stealing of wealth through the printing of fiat currency
    Dishonest scales are an abomination to the Lord, but a just weight is His delight.  (Proverbs 11:1)

  1. Commodities have good fundamentals and are in the middle of a 15-20 year bull market worldwide.

  2. Stocks and the US dollar are in the middle of a 15-20 year bear market worldwide.

  3. Wall Street naturally dislikes commodities, since it competes with them, so it tends to belittle them.

  4. The US dollar has been devalued so much due the excessive printing of paper not based on gold or silver, that unless a drastic reversal is enacted, it will be replaced at some point.

  5. Most mainstream media is controlled by elite bankers, who don't want the masses to know what's really going on.

  6. Central bankers hate gold and silver, because these expose the fraud of their fiat money.

  7. The best financial advice is from older men who care about small investors, who are not receiving commissions and who have a good track record for at least 10 years.  Click here to learn about the experts Jay O'Keefe has chosen.


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Biblical Economics - what most people don't know the Bible teaches about economics
All I Have Commanded - an exhaustive list of what Jesus expects of His followers

WORDS WE HOPE TO HEAR ONE DAY
"Well done, good and faithful servant; you were faithful over a few things,
I will make you ruler over many things.  Enter into the joy of your lord"
(Mt. 25:21 NKJV)

 WORDS ABOUT INVESTING
If you have not been faithful in the unrighteous mammon, who will commit to your trust to true riches?" (Lk. 16:11 NKJV)

WORDS OF WARNING
The Apostle Paul wrote, "Now godliness with contentment is great gain. We brought nothing into the world and it is certain that neither can we take anything out. So having food and clothing we will be content with that. But those who want to get rich fall into temptation and a snare and into many foolish and harmful desires, that plunge people into ruin and loss; because the love of money is a root of all kinds of evil; in their greediness some have been led away from the faith and have impaled themselves on many distresses." (1 Tim. 6:6-10 NKJV)

 TERMS OF USE
This information is public domain.  Jesus said, "Freely you have received, so freely give." (Matthew 10:8b)

DISCLAIMER
The information in these articles is the responsibility of Jay O'Keefe and Ted Spaeth, but all your decisions are your own responsibility.


This web page was last updated on 05 January 2010 .