Genesis 47

2 Joseph first presents five of his brothers. I suspect that Judah and Benjamin were among them.
6 Even though Goshen was separated from the Nile and from the Egyptian population, it was not bad land. Though it may not have been suitable for crops, apparently it was excellent pastureland.Pharaoh had much success with Joseph leading his country. If his brothers were anything like him, they might be able to do for his livestock what Joseph had done for farm products.
7 Both these men were considered the political and religious heads of their respective nations. Yes, Egypt was bigger and was going to provide sanctuary for Israel during this time of distress, but it is Israel that blesses Pharaoh. This would indicate that Israel held more "clout" as a spiritual leader than Pharaoh (Heb 7:7). This makes sense since Israel was God's representative.
9 Israel describes himself as a pilgrim. This indicates that he did not consider this planet (i.e., his life here) to be his permanent home (see Heb 11:13).130 might seem old to us, but Israel knew that his forefathers often lived much longer. As we grow older we tend to see life as something short. In comparison with the eternal life we are promised in Christ, it is indeed short.Israel also describes the days as evil. In a world stricken by sin, life is not easy.
12 Joseph provided for his extended family out of his own wealth, and did not require them to buy food, as the other foreigners to Egypt were required.
13 This means that no one could grow his own grain during the famine. Joseph alone was providing grain to make bread throughout all of Egypt.
14 During the famine, inflation would have skyrocketed. It obviously took less than seven years for all the money in the region to land in Pharaoh's coffers. He alone had a monopoly on the only product that everyone needed to live -- food.By this time there was probably very little trade. People had neither money nor goods to trade with. I can't imagine the economics of the times.
15 The money failed because 1) no one had any, and 2) merchandise would have been too expensive to purchase due to inflation.
16 The livestock might not have been in great shape. However, there was probably enough scrub grass to keep them alive. By trading them for grain, a family would have more meals than they would have had just eating the animal.Besides gold and silver, possession of animals made people wealthy. Pharaoh already had all the gold and silver, and now he would have all the animals as well.
18 Once all the animals were sold, the only possession that was left was land. Pharaoh ended up with all that. When that was gone, the people sold themselves to Pharaoh for food. Now Pharaoh had ultimate control of everything and everyone in Egypt.
21 All the grain was stored in cities, so it was logical to move closer to them. The farmland was unproductive and had been bought up by Pharaoh, so there was no reason to continue to live in the country.
22 The priests are the pagan priests of Pharaoh. Notice that Joseph did not make then exempt from the taxes and food prices, it was Pharaoh himself. Part of Egyptian theology was that the Pharaoh was a god, thus it was beneficial for Pharaoh to keep this religion going, and its priests happy.
23 Egypt had become a completely state controlled country. The government provided land for the people to work on, seed for the people to grow food, and exacted a 20% income tax on what they grew. Each person was owned by the state and worked for the state.
24 The people did have control over 80% of what they earned (i.e., grew), so there was built in incentive to work and have a good harvest. In countries where the government takes 100% of produced goods and redistributes them evenly, there is less incentive to work hard, and this has caused great problems for those countries.
25 Despite owning nothing and becoming forever indebted to the government, the people were happy that they had food.
26 Even back in ancient Egypt, non-profit organizations were exempt from taxes.
27 While Pharaoh provided food for his priests and made them exempt from taxes, Joseph had done the same thing with his family. They continue to own their own livestock and were probably paid for their services to Pharaoh. Besides their own flocks, the Hebrews also took care of Pharaoh's newly acquired flocks. The Hebrews were not to be sold to the government in the same way as the Egyptian people were. The family of Israel was to remain an independent and distinguishable people.
28 Israel survived the famine and lived to see the recovery of the farming industry in Egypt.
29 Placing the hand under the thigh was a solemn oath, not only to Israel, but to all his descendents as well.
30 Israel wanted to be buried in Canaan. His father, Isaac, died there and he wanted to be laid to rest by his side. Furthermore, Canaan was the land that God had promised him and his descendents, so it was proper for him to be buried there.