Snapchat! Wait - That Was Our Money!

Bitcoins, or Bitter coins? A dollar just doesn't go as far as it used to.

The Good Book has several passages about finances. In it, we find among other things that, going after it is futile since holding on to it can be a challenge also. Consider Proverbs 23:4-5 (NASB). Do not weary yourself to gain wealth, Cease from your consideration of it. When you set your eyes on it, it is gone. For wealth certainly makes itself wings Like an eagle that flies toward the heavens.

The harsh reality though, given the current monetary policy we are on, is that money will not even have a chance to fly. The money won't get very high, but perhaps the policy makers are stoned. A crash and burn is the more likely scenario, post munchies, of course.

The monetary policy is very simple to understand, even without academic credentials from an hoity-toity Ivy League School of higher learning. More highs. Is Wacky Tobacky everywhere now? So here is the policy - print-print-print-print-again, I say, print!

Now, here is what you may not know:
We begin with history. A not too distant history, really. The history of Nazi Germany. When you compare what is happening in the United States as we breathe, with events leading up to Nazi control of Germany, we see some serious and frightening similarities. The fate of money was of one of those that we can compare.

Hyper-inflation raged in Germany in the early 1920's. Micro-wealth concentration due to certain banking policies, a poor taxation plan, and unrealistic war reparations, were among the causes. Inflation reached incredible highs (yup) such that, as of, "...November 1923, the German mark reached the dizzy figure of 4,200,000,000 to the dollar."* The policy was to print-print-print-print, and print. Presses were rolling 24-hours a day to try and keep up with the demand for the paper money. The net result was chaos, starvation, and the destruction of the lower and middle classes of Germany. Freedoms were taken away and the path to Fascism was laid wide open.

What of the U.S.? Well, there is Obamacare. Many citizens of our nation are seeing health insurance increases of 40-50%, or more, with, Oh wow man, higher deductibles. With those numbers, often comes higher than Ridgemont High, deductibles.

Couple this drama with a stock market that has bubble written all over it, because, you guessed it - it is getting too high, too fast. In addition, there is an ominous chasm of value within.

Thus, here is the scenario:
The lower and middle classes get crushed under Obamacare, Extreme wealth concentration protects the few over the many. What follows next is a massive stock-market blow-out. The currency gets devalued in a desperate attempt to get the markets back to some order. It fails. The knock-out game is replaced with much greater brutality as chaos reigns in the streets. Israel must strike nuclear sites in Iran and war breaks out in the Middle East due to our flawed peace deal with the Persians. Gas rockets to $250.00 per barrel. The rank and file make a mad scramble for commodities, but there are just too many dollars chasing too few goods. Demands sinks supply. Then the hyper-inflation monster rears its ugly, green head. The dollar collapses. Martial law is ushered in, and welcomed. A Dictator who refuses to entertain dissent leads out. Freedom, as we know it, becomes a memory, and then a Pollyanna myth in the ash-heap of history.

Lesson:
The money we print today, will be the wall-paper of tomorrow. It might even be good for rolling papers.

What to do:
We cannot put our hope, nor our trust in any one man, or any one system. Our hope has to be in the Lord and His promises. What follows is not a likely scenario. This is coming to a theater near you.
2 Peter 3:10-13
¹⁰ But the day of the Lord will come like a thief, in which the heavens will pass away with a roar and the elements will be destroyed with intense heat, and the earth and its works will be burned up.
¹¹ Since all these things are to be destroyed in this way, what sort of people ought you to be in holy conduct and godliness, ¹² looking for and hastening the coming of the day of God, because of which the heavens will be destroyed by burning, and the elements will melt with intense heat! ¹³ But according to His promise we are looking for new heavens and a new earth, in which righteousness dwells.

Heaven. Hmmmmm. A place where righteousness dwells. You can't get any higher than that.


* Koppel S. Pinson quoted in The Rise of Nazi Germany, p.55.