Randolph Harris II International Institute

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Daniel’s Vision of a Ram and a Goat and Lender of Last Restort

Discontent increases with the increase of information. The minds of these savages, unoccupied by matters of graver moment, were capable of deriving the utmost delight from circumstances which would have passed unnoticed in more intelligent communities. An economy’s production depends on its natural resources, including its land, minerals, and weather. A discovery of new mineral deposit shifts the long-run aggregate supply curve to the right. A change in weather patterns that make farming more difficult shits the long-run aggregate-supply curve to the left. In many countries, important natural resources are imported. A change in the availability of these resources can also shift the aggregate-supply curve. Events occurring in the World oil market have historically been an important source of shifts in aggregate supply for the United States of America and other oil-importing nations. Right now oil prices are at their lowest point since 2009, some people are finding 89 octane gasoline, for an average of $2.48 a gallon, which is really helping because prices of everything are at an all-time high. It is poor consolation to think that one might be worse offHowever, California is facing a new gas tax, which will range be about $.12 a gallon, raising the total gas tax to $.75 a gallon. However, prices are not expected to top $3.00. Some in the media are trying to mislead you and hype the satiation and make you run out and buy gas to cause a supply shock, that will spike prices and generate more money for investors. So be sure to use conservation efforts and keep gas prices low. In this case, financial instruments serve primarily as a means of speculation rather than hedging, and should not influence behavior.

However, a simple common-sense principle guides this distinction. Imagine this, an oil producers faces the risk that oil prices will fall, while a consumer faces the risk that oil prices will rise. The producer and the consumer might use a futures construct to hedge this risk by conducting a transaction today, expecting, in the future, prices will be higher, thereby effectively purchasing insurance against the potential risk they might face higher prices in the future. However, consumer still worries about the price of fuel because it is a substances most people use weekly, and higher prices will interfere with everyone’s daily commute, while the produce reaps the benefit of increased revenue, from an artificially created supply shock, by speculation. The increasing feul prices will increase the unpredictability of prices in the overall economy. Nonetheless, it would be premature to conclude that the United States of American no longer needs to worry about oil prices.

Moralists who declaim so copiously on the duty of contentment betray an ignorance of human nature. No situation, however splendid, in which one is compelled to remain fixed and stationary, can long afford pleasure. In Shanghai, China, during a New Year’s celebration, 35 students were killed in a stampede, at a block party, when coupons, which looked like money came falling from the third floor. In my vision at night I looked, and there before me were the four winds of Heaven churning up the great sea. Four great beasts, each different from, the others, came up out of the sea. While I was thinking about then horns, there before me was another horn, a little one, which came up among them; and three of the first horns were uprooted before it. This horn had eyes like the eyes of a man and a mouth that spoke boastfully. As I looked, thrones were set in place, and the Ancient of Days took his seat. His clothing was white as snow; the hair of his head was white like wool. His throne was flaming with fire, and its wheels were all ablaze. A river of fire was flowing, coming out from before him.  Thousands upon thousands attended him; ten thousand times ten thousand stood before him. The court was seated, and the books were opened. Then I continue to watch because of the boastful word the horn was speaking. I kept looking until the beast was slain and its body destroyed and thrown into the blazing fire. (The other beasts had been stripped of their authority, but were allowed to live for a period of time.) In my vison at night I looked, and there before me was like a son of man, coming with the clouds of heaven.

He approached the Ancient of Days and was led into his presence. He was given authority, glory and sovereign power; all peoples, nations and men of every language worshiped him. His dominion is an everlasting dominion that will not pass away, and his kingdom is one that will never be destroyed. I, Daniel, was troubled in spirit and the visions that passed through my mind disturbed me. I approached one of those standing there and asked him the true meaning of it all.
So he told me and gave me the interpretation of these things: compensatory reactions are defenses against feelings of inferiority. A person who has a defect or weakness (real or imagined) may go to unusual lengths to overcome the weakness or to compensate for it by excelling in other areas. The four great beasts are four kingdoms that will rise from the Earth. However, the saints of the Most High will receive the kingdom and will possess it forever—yes, for ever and ever. Oh, great Lord, you are awesome, God, and you keep your covenant of love with all of those who love and obey your commands.


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