I have been thinking a great deal about the economic situation we find ourselves in. As a young person with two children, I find myself tremendously angry with the older generation because I know that it is they and their entitlement mentality which will be enslaving my children and I for many many years paying off the massive debt that they have accumulated for themselves in a matter of a few short years (federal deficits result in inflation, which is a form of hidden taxation which hurts low-income people the most). I find myself reading books on the Great Depression (Murray Rothbard's book America's Great Depression is quite good), and thinking about how things will turn out in the long run. "Will massive inflation set in?" (There's really no doubt that it will; I just think about it a lot.) "Will I be able to put a roof over my childrens' heads?" "What kind of world will we live in three or four years from now?" "Will America still be standing, or will it eventually collapse, as all Empires have in the past?" "Do I need to learn survival tactics and other stuff that crazy mountain-men are experts at?" These are questions I find myself laboring over. And they are the wrong questions for me - as a person who loves God and loves His glory - to be laboring over.
What I'm trying to say is, I've lost perspective. I have focused intensely on the human side of things, on the fiscal side of things, but I have lost focus on the big-picture questions about what economic downturns mean for the promotion of God's glory. Historically speaking, economic downturns usually mean religious revival (a subject which probably deserves further study and consideration in times like these, to be sure). This is of the utmost importance to those of us who love the glory of God and want His name to be delighted in above all else.
I really want to thank John Piper for the video below because of the encouragement and focus it helped me to regain. I hope it will benefit the rest of you as well.
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Think hard about this: the world is watching!