Insight - Apr. 22nd, 2020
Insight
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22-Apr-2020
Today on Insight John and Josh Rosenstern discuss how it’s a sign of the times that Americans must be aware of Socialist ideas and practices that are creeping into our everyday thoughts and lives. Brother Josh says we must be more educated on capitalism in the United States and how it works. He uses the drop in gasoline prices as an example. While we all like seeing the low price at the pump, he reminds that this is not a true reflection of the cost per barrel. While low prices seem good to consumers for now, behind them stands a long lesson on oil trades, or futures contract if you will. The change between the purchase and selling price is important when it comes to value and de-valuation. The Rosensterns remind that the success of America is founded on Capitalism and investment in hard work; and most importantly, on Trusting in God.
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