Tags: Statism
Isms 10 Jul 2007 07:39 am
The tender mercies of the wicked are cruel
C. S. Hayden writes about inflation in Zimbabwe
“Having been indoctrinated into lies told by Western university-trained economists, the gullible people in nations such as Zimbabwe are deceived into thinking that the class of greedy businessmen, not monetary inflation, is the cause of rising prices. The people thus turn for solutions to the state — the very source of the problem through its money-inflating central bank — and they suffer total collapse.”
The state will of course ‘help’ the people in all kinds of unhelpful ways. From the AP report in The Guardian,
Two weeks after the government ordered price cuts in response to the country’s rampant inflation, the economy is coming to a standstill.…Last week, the government announced it was reviving the long-defunct State Trading Corp. to run businesses that had collapsed or were seized. The corporation itself collapsed in the 1980s through mismanagement.
The government will run business that had collapsed? As my brother says, “let me know how that works out for you”. That could never happen here, could it?Proverbs 11:1 says “A false balance is abomination to the LORD: but a just weight is his delight.” When the Government is printing more money, it is basically stealing value by causing the cash people have in hand to decrease in value. What they need to do instead is to stick to their God-ordained role of punishing evildoers and praising those who do well- by being obedient to God’s Law. And we need to trust in God as God alone and not put our hope and confidence in the State, in roles it was not designed to fulfill.
