An International Missionary Outreach Dedicated to Evangelizing the Lost  By Sharing The Gospel According to the Scriptures

To add your name to our Ministry Update List and/or our Prayer Partners List please enter your email address below and then click on the "Go" button.  People on our Ministry Update List will receive our weekly newsletter and periodic ministry updates. People on our Prayer Partners List will receive prayer requests from time to time.
Email:

Slideshow image


Since your web browser does not support JavaScript, here is a non-JavaScript version of the image slideshow:

slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


slideshow image


 

In The News
   
 
 

 

In The News

 

Article: One World Government
 

The world's central banks have a problem. When economic conditions worsen, they react by reducing interest rates in order to stimulate the economy. But, as has happened across the world in recent years, there comes a point where those central banks run out of room to cut — they can bring interest rates to zero, but reducing them further below that is fraught with problems, the biggest of which is cash in the economy.
 
In a new piece, Citi's Willem Buiter looks at this problem, which is known as the effective lower bound (ELB) on nominal interest rates.
Fundamentally, the ELB problem comes down to cash. According to Buiter, the ELB only exists at all due to the existence of cash, which is a bearer instrument that pays zero nominal rates. Why have your money on deposit at a negative rate that reduces your wealth when you can have it in cash and suffer no reduction?

Read Full Article....


 

 

Understand The Times is an independent non-profit organization in Canada and the United States.
Understand The Times is not affiliated or dependent upon any other organization or denomination.
Understand The Times is accountable to a board of directors in the United States and Canada
and accountable, first of all, to Jesus Christ and His word.

 

Fair Use Notice


Home | Contact The Ministry | Goals And Objectives | Statement Of Faith
 Tract Booklets | Books | DVDs | Commentary By Roger Oakland
Internet Bible SchoolLet There Be Light | Creation Gallery
Bryce Homes Myanmar | Bryce Homes Kenya | Bryce Homes Philippines | Bryce Homes South Africa
Bryce Homes Mexico | Exposing The Emerging Church | Support Bryce Homes | Support UTT
Bryce Homes International | Internet Church | God's Word For Today |  Search This Site
 | UTT Spanish Site