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This is a reminder of the Tabernacles conference that we will be hosting from October 18-20 at the DoubleTree hotel on Park Place Blvd. in Minneapolis! We have held conferences there in past years. The cost for a room is $129 per night, plus appropriate taxes. Considering the inflation rate these days, this is a good price.
Keep in mind that there are two DoubleTree hotels in Minneapolis. We will be meeting at the one on Park Place just off Hwy 394 that heads west out of the downtown area.
As usual, our plan is to livestream most of the sessions. The exception is James Bruggeman, who does not want to do things live but prefers to edit the videos before making them available on his website.
Click the button below to view full details about this conference:
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View Full Tract ListHere is another good article about the currency wars that are heating up now. The past agreements are breaking down as more and more countries look for ways to gain a trade advantage over their competitors. It is a "race to the bottom," as countries devalue their currencies to increase trade.
Keep in mind, however, that this does not affect those countries that primarily export oil, such as Iraq, Saudi Arabia, and Kuwait. For them, a strong currency is more desirable, because the world price of oil is set regardless of the value of a nation's currency.
Switzerland and Britain are now at currency war
It seems you can’t debase your coinage these days even if you try.
The Bank of England is straining every sinew to drive down sterling with quantitative easing, and what happens?
The Swiss National Bank trumps Threadneedle Street with an outright blitz of Gilt purchases. They just print it, and buy.
The Swiss and UK central banks are effectively fighting a “low intensity” currency war against each other. It has come to this....
.... said David Bloom, currency chief at HSBC.
“Everybody is trying to weaken their currency at the same time. The Swiss have got away with it and now the Japanese want to try. The Sandinavians are pulling their hair out. The Turks are cutting rates even though the economy is overheating, and putting in credit controls instead because they don’t want the currency to rise.”
“Policymakers are doing things that if you had suggested four years ago they would have put you in a straitjacket and thrown you in a cell. I don’t rule out anything any longer in this market. Desperate times lead to desperate acts,” he said.
This blog is not intended to be an attack on the Swiss, valiant defenders of the democratic nation state. What they are doing is entirely understandable. Such intervention creates net global stimulus and does more good than harm in a deflationary world.
Still, we have a very odd situation. Much of the world needs a lower currency and a higher interest rate structure to right the ship. But they can’t all have lower currencies.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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