How long can the United States sustain its debt? Today on Insight, John and Josh Rosenstern discuss the economy and the latest stimulus package; package number three is being addressed in Congress. Brother Josh explains that when more money goes out, prices will go up. Inflation means paying more for goods, services, and gasoline, and seeing more taxation; this money will be needed to answer to our growing government debt. When money is added to the money supply, the value of our money goes down. Brother John says this will result in hyperinflation because the government must pay interest on the money it borrows.
Up Next in 2021
-
Insight - Mar. 4th, 2021
The world is watching the United States and our changing policies regarding climate change, equality, structural racism, policing, and the list goes on. Today on Insight, John and John Rosenstern discuss the push by Congress toward Socialism and say look at the Communistic countries in Europe an...
-
Insight - Mar. 3rd, 2021
Those cages look familiar. Today on Insight, John and John Rosenstern discuss the crisis at the U.S. southern border. Brother John says, the Biden Administration has stepped into one big lie, and our country is in jeopardy. He says shame on our congress, as it is their duty to address the br...
-
Insight - Mar. 2nd, 2021
Believers are called to seek first the Kingdom of heaven while living here on earth. Today on Insight, John and Josh Rosenstern discuss the power of prayer, and the need for every Christian to pray more than ever before. One out of six children, ages 9-16, have either tried or thought about sui...
