Dabbling in Eschatology: What to expect in the Monetary Realm as the world comes to an end – Part I – Give to Caesar what is Caesar’s

4/9/2012 Portland, Oregon – Pop in your mints…

We must preface this series with a simple disclosure:  There is no human who knows the exact time that the world will end.  Further, there is no human who knows exactly how the world will end in a general sense, for experiencing the end of the world will be both a deeply personal experience as well as a universally polarizing event which will determine the eternal fate of people and communities.

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That said, our limited studies of eschatology and monetary theory have lead us to some inescapable conclusions that we are compelled to share with you starting today, following one of the biggest festivals of the Christian calendar, Easter, which is celebrated three days after the Jewish Passover celebration and marks the resurrection of Jesus Christ from the dead some 2000 years ago.

Our studies accept as fact that the earth was created some 5,772 years ago as of this writing, in agreement with the Jewish calendar, as well as the fact that Jesus Christ, who was crucified, dead, and raised from the dead some 2000 years ago, is the Messiah.

Consequently, we accept the Bible as both an accurate historical narrative and a reliable guide as to what is to come.

Today, we will focus on the first of three passages which, taken together, give us reliable information as to what will transpire as the time of Jesus’ triumphant return approaches.

Albrecht Dürer, The Revelation of St John: The Four Riders of the Apocalypse, 1497-98, Woodcut
The Revelation of St John: The Four Riders of the Apocalypse, 1497-98, by Albrecht Dürer, Woodcut


It is our prayer that you will find both comfort and a call to action in our interpretation of what is to come.  With the proper preparations, all of the peoples of the world may eagerly await the coming of their Lord without fear and full of hope.

The first passage is related in Matthew 22:15-22, Mark 12:14-17, and Luke 20:21-25.  It is focused on what appears to have been a brief verbal exchange between Jesus and a group of spies sent to ask a question of him by the religious authorities.

Interestingly enough, it seems that people 2000 years ago were as eager to avoid paying taxes as they are today.  In an attempt to catch Jesus advocating for tax avoidance, the religious leaders, who wanted to get rid of Jesus, send spies to trap him in his words.

In response, Jesus not only foils their attempt at trapping him, He delivers a simple monetary concept with wide ranging consequences.  He challenges them not on whether it is right to pay taxes, but rather on what they are using as money.

When asked whether or not it was right to pay the Roman Imperial tax.  In response to their question, Jesus stated the obvious.  Namely, that since the coin used to pay the tax belonged to Caesar (the Roman Emperor) to begin with it should be no problem to simply give it back to him when he asks for it.

Jesus’ response cut to the heart of monetary theory, what they were using as money.  The people’s choice to use the Emperor’s money in those days had enslaved them to the Emperor in a way that no army or jail master could, and they were eager for a way out.

In those days, Emperors had made a habit of declaring themselves gods and demanding allegiance.  The Jews were peculiar in that they refused to recognize these imposters and instead worshiped the Living God.  However, the Jews also had become accustomed to conceding certain aspects of their allegiance to the Emperor in an effort to survive.

Jesus, with a simple statement, challenged people to get off the fence, for the fence would one day be burned down and people would have to make a concrete choice, put their money where their mouth is, as it were, between ultimate allegiance to the Emperors of this world or the One True Living God, who alone is worthy of glory and honor and praise forever and ever.

Today, it is customary for most people exchange their labor for paper or digital currency issued by the Emperor.  2000 years ago, Jesus warned against this.

Why?  The answer, which we will explore tomorrow, had already been partially revealed to Daniel some 600 years before, and was going to be completely revealed to John on the Isle of Patmos some 70 years later.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com


Key Indicators for April 9, 2012

Copper Price per Lb: $3.79

Oil Price per Barrel:  $102.28

Corn Price per Bushel:  $6.49

10 Yr US Treasury Bond:  2.04%


Gold Price Per Ounce:  $1,641

MINT Perceived Target Rate*:  0.25% AWAY WE GO!

Unemployment Rate:  8.2%

Inflation Rate (CPI):  0.4%

Dow Jones Industrial Average: 12,929

M1 Monetary Base:  $2,299,000,000,000

M2 Monetary Base:  $9,823,900,000,000