What is money? The Ron Paul Curriculum teaches that it is the most marketable commodity. It is a medium of exchange.
Throughout history, there has never been seen a record of a state or government inventing money. This is because money was never brought out by a government or a committee. Money came through barter. People used to exchange their goods directly, until gold and silver were used as a form of indirect exchange. After a process of making silver and gold coins, the government then began to take control.
We saw banks being created, this way people would be able to save their coins in the bank, and in return receive some papers that would back up the amount of coins you had in the bank. It seemed a lot easier to carry paper in your pocket, instead of coin money. People wouldn’t really know how much money you were carrying, and therefore you could feel a lot more secure.
When people began to borrow money from the bank, the bank would then make a plan. It would give the person a paper that would back up the amount borrowed, but at the same time it would steal money from the person saving in the bank. For example, if you went over to the bank and borrowed ten coins, the bank would steal those ten coins from me, because I have 100 coins saved in the bank. The bank then has violated my trust and acted without my consent. An interesting part to note the high corruption is that not only would the bank steal from me, but it would create more paper money out of your debt. This means that the bank would charge you an interest payment for the loan, and therefore would create paper money “backing up” that interest, but without the interest money currently existing. Not only did this happen, but the bankers began to see that people would not take their coins out of the bank. In result, this began a theft movement where they would create money out of nowhere and inflate. Inevitably, this made them rich.
This is the banking system we have today. However, we now add in checks, cards, and digits making it a lot easier to counterfeit.
What is counterfeiting? As explained in my past essay it is fraud, unreal, pretended, obsolete, forged, and not genuine. Counterfeiting is theft when we talk about money, governments and banks. Counterfeiting is creating money based on debt or on nothing as we have seen.
It is interesting to see that the government would pass down laws against private counterfeiting. In other words, the government is the only one allowed to create money. Of course, they would have their favorites, and license commercial and central banks allowing them to counterfeit through deposits. These would then inflate, just as seen before.
In a more explained way, banks counterfeit based on deposits and loans, and government’s counterfeit based on the debt of the nation. Governments prefer counterfeiting, because the people prefer it too. If governments wouldn’t counterfeit they would tax, and nobody likes taxes.
As a parenthesis, the reason taxes and counterfeiting increments so much is because of the insistence of letting the government do more than what it is supposed to do. The people grant control and power to the government, because of what they believe. As Einstein said the world will change when we begin to change what we believe. The government’s role is to enforce law and grant justice. However, we have now given it the power to build, go to war, control the economy, control private property, control the entrance to nations, jobs, etc. This makes them tax, tax, tax, and/or counterfeit, counterfeit, counterfeit based on all of that. One point I will make is that the bible says we must treat foreigners (people from other nations) like one of our own.
One law shall be to him that is homeborn, and unto the stranger that sojourneth among you.
Thou shalt neither vex a stranger, nor oppress him: for ye were strangers in the land of Egypt.
Disgracefully, this counterfeiting creates more debt in the nation. One that is practically impossible to cover. We can remember the fall of the twin towers in September 11, of the year 2001, an act that created an economic “good”; judge yourself.
When corruption goes too high the attempt of solving the problem also becomes corrupt.
What is honest money? The opposite of counterfeiting would be acting in truth and justice. Saying there is “honest money” is ironical, deceitful, and an illusion. The love for money is the root of all evil, it was what made the devil fall, and it is what makes man fall.
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
For certain we cannot serve two masters. We either love God and hate mammon (riches/money), or abhor God and love mammon.
No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.
Money is used by all, and the only way we can know when it is used in a righteous way is when we are not attached to it. Our teacher Gary North in the economics course says that money screams. This is true. We either listen to the voice of money (mammon) and act conformingly, or we listen to the voice of God and do His righteousness. There are no intermediaries, for His righteousness is the only valid one.
But we are all as unclean thing, and all our righteousness are as filthy rags; and we all do fade as a leaf; and our iniquities, like the wind, have taken us away.
I believe that money was not the original design from God. In the Garden of Eden Adam and Eve had everything they needed, they would just stretch their hand and grab. When Jesus comes to restore everything He changes sowing and reaping to give and it shall be given unto you.
Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again.
Therefore, the true and original design that God had since the beginning was giving. Noting that money was not the original design from God, then “honest money” wasn’t on His plan either. It was giving. Nevertheless, there is a way we can use money in a righteous way, and that is only achieved through listening to the voice of God.
Since there is no true “honest money” the government doesn’t have to issue its own money in order to secure it. The problem begins when we begin to idolize money. Money was originally invented in order to exchange goods, but when people began to realize that the more money they would have would mean the more goods they would have, greed and avarice began to take control of their hearts. Money today is treated like a god. Everyone wants to secure it, and the only way you can find your peace, security, and future is if you are filthy full of it. This is when corruption begins to take place; in the immorality of betraying God and following money/mammon.
Once we realize this we begin to note that no matter in what hands the control of money falls to, if there is immorality and corruption the result will be the same. Once we have purified our hearts from all of that corruption and immorality, then we begin to despise money and love God.
One way we can see that we are truly dependent on God and not idolizing money is not living in a poor or a rich way, but knowing that its voice won’t control you. If we still guide ourselves by what it is telling us, by what it screams at us, then we have fallen into what the devil fell; the false and illusive power of knowing that the more riches you have, the more powerful you are. However, if the world became dependent of God and not on money, no matter who would be the person or committee with the most money or “power”, we would never be controlled by that someone or something.
When we keep on seeing how much money we have, and what we can buy or not buy or do and not do with that money, then we are being controlled and idolizing money/mammon.
We must not find our security, peace, and future in money. We must not seek our success or reputation in money, for as we have seen money is an illusion that grants a false power that is easily destroyed. We must guide ourselves by the voice of God, and attend to His righteousness, for it is the only way there will be true prosperity in us, and in our land.
The Illusion of Money
A Generation of Greatness