In yet another show of fiscal irresponsibility the Federal Reserve has decided to print more dollars in an effort to make money cheaper, specifically the US dollar, to borrow. Monetary policy can make your eyes roll into the back of your head, but the point is that when the fed prints more dollars than needed it brings instability to our currency. This is all in an effort to bail out European countries like Greece, Italy and other irresponsible countries.
What does the bible have to say about these things? Prophetic texts, like the book of Revelation, tell of an economic crisis that causes the cost of food to equal what every day people can earn in a day. When our governments ignore biblical economic principles it leads to the possibility of an economy worthy of the antichrist. The issue becomes will the US join the rest of the world in its folly.