The church's billions in perspective.

[Stargazer]

6 hours ago, Harry T. Clark said:

What if the church investment wizards had $3 Trillion under management in 100 years or so, is that too much?  What about $150 Billion?

The way inflation is going, in a hundred years trillion might be the new billion.  Looking to the past, adjusted for inflation, $1.00 in 1921 is equal to $13.43 in 2021. If inflation continues at that rate, $100 billion today will be 1.343 trillion in 2121. And would buy no more than $100 billion does today.

[JAHS]

10 hours ago, Harry T. Clark said:

I do, that's why I proposed to disclose only once a year.  It is really just a deflection you are doing anyway.  Wall Street has quarterly disclosures and seem to still make investment decisions without being front run.  Front running is what the big wall street investors do but that is another story.

How about once every two years? 5 years?  Would you agree to any disclosure?  If they disclose what they did 1 year ago, how would there be any front running?

ETA:  you know if Warren Buffett discloses trades he has made after they are made, a lot of investors will pile into those investments, pumping up the stock.  Timing is everything and disclosure could allow investment gains if done after the trading positions are made.

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While the world had less access and likely interest in the past, do we have evidence there was little to no criticism by critics of the Church of the way the Church used funds when they were publishing more financial info?

Here's is what was reported in the 1958 Conference report for finances of the church. It doesn't even include the income numbers. I suppose we could multiply the numbers by ten or more for what it would be today. I don't know  if at that time they put out anything more complete than this that also had the income.
In earlier years they did have more detail and included Missionary and fast offering income but I can't see where they ever reported income from tithing.

Edited June 21, 2021 by JAHS