Mark Thoma, Paul Krugman, Secular Stagnation And Dispensation Economics

According to the Apostle Paul in Ephesians 1:10, Jesus Christ is the Operative Genius of the economy of all things, and through His dispensation, that is His administrative oversight for the completion of all things economic and political in every age, in particular liberalism, He provided social mobility to the wily investor, and to those successfully engaged in clientelism, corporatism and globalism, producing  fallout, mostly ever increasing moral hazard, to those who have lived in the age of of debt trade investing and currency carry trade investing, under the Milton Friedman Free To Choose floating currency system which began in 1971, when President Nixon took the US off the gold standard to finance the Vietnam War.

Liberal economist Mark Thoma posts Paul Krugman: Talking Troubled Turkey. You may or may not have heard that there’s a big debate among economists about whether we face “secular stagnation“…,

He provides a definition, and writes “the money dries up and pain follow.”

The money does not dry up; the money died on October 23, 2013, and the wealth died on January 24, 2014, terminating the paradigm and age, that being liberalism.

Jesus Christ has been introducing the new dynamo of regionalism, and through the great transformation morphs the investor, and in fact everyone, into debt serfs.    

He continues “faced with a private sector that wants to save too much and invest too little, we have pursued austerity policies that deepen the forces of depression”

I comment no, what is happening is that the singular dynamo of regionalism is producing the new normal of austerity.

And he concludes “But what makes these troubles scary is the underlying weakness of Western economies, a weakness made much worse by really, really bad policies.”

From a liberal viewpoint, these seem bad; but from the dispensation economics viewpoint, Jesus Christ is no longer working through the Creature from Jekyll Island, that is the banker and democratic and nation state regime; but rather He is working through the beast regime and its policies of diktat in regional governance and schemes of debt servitude in totalitarian collectivism, having been given the constitution of end time rule, as presented in Revelation 13:1-4.  


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