I am writing about the federal reserve, established in 1913 by the congress. Its responsibilities
consist of the regulation of longer-term interest rates, promoting jobs, and maintaining
the national prices; its financial affairs involve oversight and control of financial activities
globally, assessing the care of successful money structures; along with these responsibilities are
essential tools for operations such as the acquisition and sale of bonds, the oversight
of reserve requirements, rate reductions, and the distribution of financial transactions loans
(federal reserve history).
According to the federal reserve's duties, its primary responsibility is to maintain the country's
economic balance. Despite the fact that the nation has encountered a recession due to poor
economic judgment from the federal government and granted by political groups with the
banking sector's order to manage prices from crucial corporate lenders, there has been substantial
tampering of monetary policy by organizations that take advantage of shareholders for the
benefit of commercial banks (federal reserve history).
These actions go against the Bible's command, that one should uphold one's own duty to all
responsibilities delegated by the government. On several occasions, it was claimed that the
Federal Reserve interfered with private banks' performance of their tasks, taking advantage of the
public.
Christian doctrine has frequently questioned American economic decisions about financial
deprivation, weight and measure, and increased skill. The book of Leviticus explains that it is
against the law to interfere with measurements and weights; hence, doing so should be seen
negatively (NIV, Leviticus, 19:36). The Federal Reserve’s position as a partial reserve institution
extends above this, based on several Christian teachings, and is opposed to biblical precepts. The
Bible views the deprivation of financial systems as a sin, and evangelicals strongly disagree with
it. These biblical teachings make it very evident how, throughout time, the Federal Reserve's role
in determining economic policy has surpassed that of the Bible.
The Federal Reserve is a monopoly in terms of governance and ownership, and the government
grants it a license to create monetary policy. In contrast to this, the Federal Reserve refuses to
allow any government-sponsored accounting entity to review its financial information, making it
guilty of dishonesty that goes undetected. Due to its enormous influence, the Federal Reserve's
unethical implementation of its mandate is to blame for the 2008 economic recession. The spread
of deception or crisis actions, whether done deliberately or not, is against the message of the
Bible (board of governor of the federal system).
Licensing legislation has also been implemented for a variety of jobs, especially those that
directly impact people's lives, such as the provision of medical care. Nevertheless, some districts
have begun to abuse their regulatory rules by demanding people working in professions that rely
on skill acquisition, like interior design, get a license before they are allowed to practice in the
state. Since errors or shortcomings could lead an individual to lose their life, licensure is
primarily employed by occupations that are unable to afford such consequences. This highlights
how the federal government occasionally goes outside the bounds of the law in order to influence
the ones they shouldn't have to.
They are forced to take out unneeded student loans in order to continue in their school and get
licensed at a time when they should be laying the groundwork for their future financial security.
In this instance, the government acts as an oppressor, enslaving those who are disadvantaged to
advance its own selfish goals, which is immoral and against the Word of God.
Bibliography
