Wednesday, October 6, 2010

Dynamic

Jesus Christ Is Lord!
6 October 2010

You really need to read Habakkuk. Now is the time for it to speak.

There is a dynamic that is described and I will point to several verses and then other chapters so you can see it.

Habakkuk 2
5Yea also, because he transgresseth by wine, he is a proud man, neither keepeth at home, who enlargeth his desire as hell, and is as death, and cannot be satisfied, but gathereth unto him all nations, and heapeth unto him all people:
6Shall not all these take up a parable against him, and a taunting proverb against him, and say, Woe to him that increaseth that which is not his! how long? and to him that ladeth himself with thick clay!
7Shall they not rise up suddenly that shall bite thee, and awake that shall vex thee, and thou shalt be for booties unto them?

First, the Hebrew word that is translated thick clay in verse 6 is abtiyt. It is a very poor translation of a word. The meaning is actually pawned goods in the sense of collateral that may or may not be redeemed from the lender.

Then the word booties in verse 7 is translated from meshiccah meaning plunder.

The word abtiyt is only used this one time. It is used several other times in the form of abat or abot, in Joel 2:7 translated not break; and Deuteronomy 15 & 24 in the sense of lending and a pledge – collateral. You should read them.

Deuteronomy 15
6For the LORD thy God blesseth thee, as he promised thee: and thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt reign over many nations, but they shall not reign over thee.

Now let’s talk about “Quantitative Easing.”
The worst place to be invested when governments start printing money, quantitatively easing, is in anything that is tied to a fixed long term interest rate or in idol (idle) cash. The reason being is the risk that hyper inflation follows due to the devaluing the currency through the increased quantity.
The only way to avoid hyper inflation is to hope people either don’t know the consequences or accept the devaluation without reacting.

Those watching know that our government announced a while ago that quantitative easing is the direction we are going, and yesterday Japan announced they will be doing the same. (Japan is doing it because it worked so well for them last time, and only resulted in their Lost Decade.)

People are speculating that the Stock Market rallied yesterday based on the markets being pleased with Japan’s move. I think it is money moving into the market that was somewhere less safe and less likely to rise and keep pace with inflation. There are people who know what is coming.

The things that have always been valuable will be the most valuable. Money backed by nothing is worth nothing. Woe unto you who have heaped together worthless things and not known it is the end of the age. James 5

Ephesians 3, Psalms 66

In the Name of
Jesus Christ My Lord
Thank You My Father

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