God of Economics Part 2

GOD OF ECONOMICS (2)

God and the forces of demand and supply....

2nd Kings 7:1 Then Elisha said, Hear ye the word of the Lord ; Thus saith the Lord , To morrow about this time shall a measure of fine flour be sold for a shekel, and two measures of barley for a shekel, in the gate of Samaria.

The story is a popular one. There was famine in the land. As a result, there was shortage of supply of goods and services. This resulted to the worst record of inflation in the bible. If we decide to  describe the situation from today's economic dictionary, the situation can be referred to as RUN-AWAY INFLATION. The situation got to the extent that people started seeking for unnecessary alternatives to survival. The people of God. Apart from the unfavourable economic situation, the land was also faced with a threat from the Syrian government. As a matter of fact, the mighty Syrian Army had already camped waiting to destroy the land.

Four lepers who could no longer bear the situation made a decision to embark on an adventure. God made the Syrians to hear the sound of mighty Army approaching, they fled leaving the materials they brought along to execute the war with.

HEAR THIS: THE LORD WILL MAKE THE ENEMIES OF YOUR LIFE TO HEAR A STRANGE SOUND AND FLEE FROM YOU IN JESUS' NAME. AMEN!

Back to the story, the proclamation made by the man of God was that the prices of goods and services will fall within 24 hours. Remember that inflation is a continuous rise in general price level.  Ordinarily, this is impossible to solve within 24 hours. The man that doubted him was right as an ordinary man. Inflation is never handled like that. The man's only mistake was that he failed to recognize the power of the Almighty.

SPIRITUAL ANALYSIS:

One can simply analyse the event spiritually by concentrating on the efficacy of the words of the man of God. He made a proclamation and gave time, it came to pass. There is a relationship between the words and the fleeing of the Syrian soldiers. That is God. I hereby proclaim that same God will fulfill His promises in your life in Jesus' name. Amen!

ECONOMIC ANALYSIS:

The aim of this article is to show how God can use economic tools to achieve spiritual results. In this biblical event, God used the forces of demand and supply to restore the economic situation of Samaria. There was shortage in the land, it resulted to continuous rise in general price level, God supplied food for three days. On the first day, inflation disappeared. From the knowledge of primary economics, EXCESS SUPPLY has a behaviour of bringing price down to equilibrium. The tool used by God here is supply. To understand this the more, the following points have to be considered:

-God knows that excess supply forces price down to equilibrium.
-God orchestrated the war to solve that particular situation.
-God ensured that the Syrians brought enough food in order to achieve that price proclaimed by the man of God.

One may ask,  was God the owner of the Syrians' materials? The earth is the Lord's and everything in it.

WHAT CAN WE MAKE OUT OF THIS?

When petroleum marketers hold  a nation to ransom, apply supply and stability will be achieved. In this case, increase in supply may also involve increasing the number of refining capacity. It may also mean the encouragement of the illegal refiners with licences to do proper businesses.

Finally, I pray that same God that supplied food to His people through the Syrians will supply your food in Jesus' name. Amen!

Same power that favoured Jesus in the grave will favour you in Jesus' name. Amen!

Watch out for part 3