Why Is Inflation So High? Hint: It’s a Worldview Issue

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GUEST: CAL BEISNER, President, The Cornwall Alliance for the Stewardship of Creation

No doubt you have noticed that the price of nearly everything has increased. According to the Bureau of Labor Statistics, “Over the 12 months ended June 2022, the Consumer Price Index for All Urban Consumers increased 9.1 percent…the largest 12-month increase since the 12-month period ending November 1981.”

For example, food (for the home) increased 12.2%. Motor fuel increased 60.2%. Electricity rose 13.7%. Natural gas increased 38.4%. New vehicles rose 11.4%.

Ask ten people why prices have increased so much and you’ll likely hear explanations like “price gouging” or “Putin’s war in Ukraine” or “Covid” or “supply chain problems.”

But are these the real reasons? Cal Beisner, our guest this weekend, doesn’t think so. He is the president of The Cornwall Alliance for the Stewardship of Creation and a respected teacher on the environment, economics, and ethics.

You may be surprised to learn that the price increases have almost everything to do with inflating the money supply through the latest nearly one trillion dollar spending bill misnamed the “Inflation Reduction Act”, which was pushed and passed on August 7 by President Biden and the Left, that will among other things, hire 87,000 new tax agents.

The very next day, former President’s Trump home was raided and searched by FBI agents for reasons not well-explained by the Justice Department.

Cal will also address other questions, such as:

• Why are businesses struggling to find workers?
• Why Evangelicals have been influenced by the late Ron Sider, a leader in the “Evangelical Left”?
• The ethical question as to whether a Christian should attend a homosexual “wedding” to “be a good neighbor”?

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Related Resource:
Global Warming Skepticism for Busy People by Roy Spencer