About David Kullberg

David Kullberg (DavidKullberg.com), with his wife, Kelly, co-founded Christians for a Sustainable Economy (CASE4America.org) and Finding God In (FindingGodIn.com). David is the author of the novel, Breaking Babel, and the nonfiction book, Winning the World: An Invitation to the Church Courageous.

Chapter 9 – Magic Money: Wealth without Wisdom, Sacrifice or Work

Chapter 9 – Magic Money: Wealth without Wisdom, Sacrifice or Work By David Kullberg True money has integrity. It’s an object of real, tangible wealth that can be used as an honest medium of exchange. Therefore, true money can only be created by natural resources, productive labor, and creative enterprise. It cannot be imagined into existence by wishful thinking or human legislation. It is real, grounded in the reality of the Creator/creation distinction. The antithesis of true money is “magic money” commonly called fiat currency. The original intent of paper currency notes issued by banks and governments was for the [...]

By |2021-11-25T14:24:28+00:00November 23rd, 2021|Categories: God and Mammon|
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Chapter 8: True Money or the Devil’s Deceit

Chapter 8: True Money or the Devil’s Deceit The “creation” of wealth, both national and personal prosperity, is attributed in the Bible to the blessings and curses of God (Deut. 28). God determines, in his own way and to his own purposes, the ultimate outcome of human efforts, whether prosperous blessings or scarcity and ruin.1 Christians often find a scriptural perspective of wealth challenging because our culture tends to minimize or ignore the reality that we are not the owners of the earth’s resources – The earth is the Lord’s, and everything in it (1 Cor. 10:26). Instead of owners, [...]

By |2021-11-16T09:39:26+00:00November 12th, 2021|Categories: God and Mammon|
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Commentary: Sen. Joe Manchin – Biden’s budget plan is “recipe for economic crisis.”

Commentary: Sen. Joe Manchin – Biden's budget plan is “recipe for economic crisis.” November 8, 2021 "None of us should ever misrepresent to the American people what the real cost of legislation is,” advised Democrat Senator Joe Manchin (W.Va.) commenting on Biden’s latest spending boondoggle that passed the House late Friday. "What I see are shell games," he warned. "Budget gimmicks" that will eventually double the cost of the $1.75 trillion plan. Manchin was concerned not only with the misrepresented costs, but also with overstatements of revenue that would lead to even more borrowing. He added, "I'm open to supporting [...]

By |2021-11-14T17:50:06+00:00November 8th, 2021|Categories: Commentary & News|
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Commentary: Biden’s Comptroller nominee proposes controlling inflation by confiscating bank deposits.

Commentary: Biden’s Comptroller nominee proposes controlling inflation by confiscating bank deposits. November 3, 2021 President Biden’s nominee to be the nation’s top banking regulator, Saule Omarova, has proposed in the October, 2021 issue of the Vanderbilt Law Review1 that the Federal Reserve be empowered to confiscate private bank deposits in order to control inflation. In her article, Omarova neglects to call this action “stealing” the people’s money, but instead refers to it in perfect bureaucrat speak as “draining excess liquidity from these accounts with minimal disruption of productive activity.” If that’s not outrageous enough, she also recommends transferring all bank [...]

By |2021-11-03T18:56:24+00:00November 3rd, 2021|Categories: Commentary & News|
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Part 10: The Inflation Psychology Whirlwind

Part 10: The Inflation Psychology Whirlwind   Despite mounting evidence to the contrary, the Federal Reserve and Biden Administration continue to insist that inflation is “transitory.” In other words, they claim it is a temporary phenomenon caused by unique circumstances related to the economic recovery from the pandemic. So why is it important for the Federal Reserve to cling to a transitory view of rising prices when such an explanation appears increasing unrealistic? The answer is that they desperately want to avoid the adverse effects anticipated future inflation has historically had on economic activity. Therefore, the politicians in D.C. and [...]

By |2021-10-29T22:41:37+00:00October 28th, 2021|Categories: The Fed, Money & Debt|
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Part 9: Inflation Blame-Shifting Continues

Part 9: Inflation Blame-Shifting Continues October 26, 2021 The reality of inflation has forced its way into our daily economic conversation. For months the official narrative of the Federal Reserve and our political leaders has been to reassure the public that there is no need to be overly concerned about rising prices. “Inflation is transitory,” they repeat confidently. “It is a temporary phenomenon of supply foul-ups and shortages caused by a booming recovery from the pandemic.” But actual inflation is not caused by supply chain problems. Rather, it is a monetary phenomenon caused by the excessive creation of new currency [...]

By |2021-11-12T01:58:52+00:00October 26th, 2021|Categories: The Fed, Money & Debt|
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Commentary: Once Again the Democrats’ “Tax the Rich” Means Taxing the Middle Class

Commentary:  Once Again the Democrats’ “Tax the Rich” Means Taxing the Middle Class September 27, 2021 The Democrats are on the hunt for a fresh source of tax revenue to pay for their dream of a utopian super-state. What politicians undoubtedly know, but fail to mention, is that the “rich” they claim to be targeting have a hundred-and-one ways to avoid becoming piggy banks for would-be socialist wealth redistributors like Joe Biden, Elizabeth Warren, Bernie Sanders and their “leftist” cohorts. Joe Biden is continuing the D.C. long-practiced tradition of political deception with his most recent effort to “tax the rich” [...]

By |2021-09-28T11:46:38+00:00September 28th, 2021|Categories: Commentary & News|
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Part 8: Exposing the Government’s Inflation Narrative as Political Fraud

Part 8: Exposing the Government's Inflation Narrative as Political Fraud September 23, 2021 “Inflation is a disease, a dangerous and sometimes fatal disease, a disease that if not checked in time can destroy a society.” Milton Friedman[1] During the 1970s, politicians and government economists misled the American people about the root cause of the disastrous inflation plaguing the country. Presidents Nixon, Ford and Carter were all complicit. They blamed the existence of inflation primarily on the American people – price-gouging businesses raised prices, greedy employees demanded unreasonable wages, and spendthrift consumers drove up demand. A 1973 Time Magazine cover captured [...]

By |2021-09-23T11:21:00+00:00September 22nd, 2021|Categories: The Fed, Money & Debt|
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Part 7: Inflation – True Cause, Not Glaring Symptoms

Part 7: Inflation – True Cause, Not Glaring Symptoms September 20, 2021 Until recently, the last significant bout of inflation suffered by the U.S. economy was in the 1970s. In 1971, President Richard Nixon reacted to a 5.8% inflation rate by imposing wage and price controls in an effort to break a rising wage and price cycle. Nixon presented his program to the American people as a way to stop the “price gougers,” and the public initially approved. But the ill-conceived project utterly failed to prevent the onset of stagflation (chronic unemployment and inflation). The controls were extended until 1973 [...]

By |2021-10-28T19:53:52+00:00September 20th, 2021|Categories: The Fed, Money & Debt|
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Commentary: Fleeing the Democrat Utopia of California

Commentary:  Fleeing the Democrat Utopia of California September 14, 2021 “California has regulated and taxed its once-thriving economy into a coma.”[1] As a consequence of the California Democrats’ “progressive” policies, businesses are increasingly leaving the state. The primary recipients of this mass exodus are Texas, followed by Tennessee and Arizona – all three are Republican states. In fact, eight of the top ten states that benefit from California’s loss are Republican.[2] A Hoover Institute study at Stanford shows that this year businesses are fleeing California at twice the rate as 2020. Since 2018, Apple, Tesla, Hewlett-Packard, Nestle USA, Oracle and [...]

By |2021-09-17T18:41:25+00:00September 14th, 2021|Categories: Commentary & News|
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