How Government has Overstepped Biblical Principles in Some Form of Economic Policy
for this assignment, you will write a 2–3-page paper (double-spaced, 1-inch margins) providing at least 1 example of how government has overstepped biblical principles in some form of economic policy. Be sure to adhere to the format specified in the Course Style Guidelines document
Follow the below instructions to compose your assignment:
Length of assignment – 2-3 pages.
Make sure to include a bibliography page
Format of assignment – Course Style Guidelines
At least 2 sources
Acceptable sources - Scholarly articles published within the last five years, the Bible, online articles given as assignments, and any other pertinent source that helps the student answer the assignment prompt.
The Role of Federal Reserve: How Government Has Overstepped Biblical Principles in Some Form of Economic Policy.
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Introduction
The Federal reserve is the most powerful financial and economic institution in the USA. Serving as the central bank of the USA, the Federal reserve has the mandate to promote stability of US’s financial institutions, conduct and promote sound monetary policies, conduct supervision and regulation of financial institutions, and promote consumer protection and overall community development. While operating within its set roles and mandates, there is evidence, from a biblical perspective, that the institution has overstepped some biblical principles. This paper, explores two examples, drawing upon biblical and non-biblical sources to assess the intersection of religious values and federal government economic policies.
Taxation Policies Overstepping Biblical Principles
According to Cutler (2019), federal government policy of inflation is economically dangerous and ethically unfair. Whenever
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