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Terry Sacka on the The Wealth Transfer opening show on the Christian Television Network discussing Global Economics, Biblical Principles and Protecting & Preserving your Family's Wealth.
Did You Know?
In the 60's, a paper U.S. dollar was called a 'Silver Certificate'? You could take it to the bank and it was redeemable for one ounce of silver. Back then, both the U.S. dollar and the one ounce of silver were equal and could buy you five gallons of gas. In the 70's the government cancelled the 'gold standard' making the dollar a U.S. Federal Reserve Note. Today, in 2013, if you sold your one ounce of silver, you could buy ten gallons of gas, twice as much as what you could have bought in the 60's! ... now let me ask you this, how much could you buy with that one paper dollar today? ... that's right, not even a quart!
Scripture Mentioned:
Proverbs 13:22
Proverbs 11:1
Proverbs 10:22
Psalm 35:27
Job 27
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