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Kevin Swanson | Parker, Colorado
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Speaker:
Kevin Swanson
5,130 sermons
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Elon Musk, Bit Coin, and Debt Monetization - One Gigantic Ponzi Scheme
One Gigantic Ponzi Scheme
3/5/2021 (FRI)
 
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Has the US become one big Ponzi scheme? Has the character of the nation come to the point that only Ponzi schemes hold any real interest on the part of investors and voters? We discuss the most unprofitable company in the world, and the profit it pulls from legalized extortion plots. The Federal Reserve stepped up debt monetization in 2008-ish, but as of 2020 the Fed is monetizing debt like it's going out of style. A few years ago, only 11% of the debt was monetized. Now we're looking at 27%. And, roughly 90% of the $4.5 trillion last year was monetized. In case our listeners are unaware of what fractional reserve banking and debt monetization looks like, we provide a little allegory to help out.
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#36 - Top Played Sermon (Week)  week of 3/9/2021

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Kevin Swanson
Elon Musk, Bit Coin, and Debt

One Gigantic Ponzi Scheme
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Generations Radio
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Kevin Swanson
Elon Musk, Bit Coin, and Debt

One Gigantic Ponzi Scheme
Generations Radio
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More user comments by  this speaker | this broadcaster
   Why Johnny Can't Sing Hymns • 7/30/2010 | 15 posts
   The Hunger Games • 3/27/2012 | 12 posts
   Billy Graham Prophet to Nation • 2/22/2018 | 12 posts
   Lesbian Feminist to Christian! • 3/21/2013 | 10 posts
  Kevin Swanson
Kevin Swanson has served as elder and pastor of Reformation Church, OPC since its inception. Kevin was raised on the mission field in Japan in the 1960's and 1970's. Together with his wife Brenda, they are bringing up five children in the nurture and admonition of the Lord....

Listen to more sermons by this speaker | more
   Why Johnny Can't Sing Hymns • 7/30/2010 | 12,000+ downloads
   Pornography and Your Son • 6/3/2011 | 11,000+ downloads
   Why Effeminacy is Shameful • 10/12/2017 | 10,100+ downloads

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