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John S Cyrus

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Member Since: Oct, 2012

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What Causes Economic Crisis?: The Bible Gives the Right Answer!
by John S Cyrus   

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Category: 

Business/Investing

Publisher:  Turtledove Inspirational Publishers Type: 
Pages: 

239

ISBN-13:  9788191049619
Non-Fiction

Through the Word of God, he strongly felt that the world's economic machinery is out of track ever since the industrial economy became predominant. His argument is that no one had diagnosed the cause of the economic crisis rightly. This book, he believes, has an answer for the global economic crisis.

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Turtledove Inspirational Publishers
Turtledove Inspirational Publishers

Through the Word of God, he strongly felt that the world's economic machinery is out of track ever since the industrial economy became predominant. His argument is that no one had diagnosed the cause of the economic crisis rightly. This book, he believes, has an answer for the global economic crisis.


Excerpt

This book provides a new dimension to economic studies, especially on the purchasing power of money.

In the economic circle, there is a great vacuum regarding the solution to the current economic meltdown. This book fills that part.

It discovers that the industrial and service sector income has no real purchasing power but a borrowed purchasing power from agriculture and livestock sectors income.

It gives you the shocking news about the dwindling share of agriculture in the world’s GDP which has ultimately triggered the global economic crisis.

You will understand the following four theories about—Living Products, Nonliving Products, Righteous Earnings, and Unrighteous Earnings—as four pillars of economic infrastructure by which we need to work out the way for securing a strong currency.

It portrays two types of economic tree model—“Wrong or Current Economic Tree” and “Right Economic Tree,” and the current economic tree is the model which caused the present economic meltdown.

It recommends and explains that “Livestock Standard” should be followed to support or back currency notes printing rather than “Gold Standard” or “Fiat Money.”




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