(Yes, I admit, I used to be more ignorant than I am now!)
Silver Stock Report
by Jason Hommel, May 28th, 2013
Math itself testifies that usury is harmful to mankind because it leads to total enslavement. Here's how.
At an interest rate of 6%, one dollar will grow to a $719 million, in 350 years.
http://www.smartmoney.com/calculator/other/compound-interest-calculator-1302835239643/
That might not seem dangerous, but consider, there
were billionaires that long ago who started banking. A tiny million at
6% would grow to $719 trillion, which is far more money than exists in
the form of gold in the world today, which is valued at only about $7
trillion (5 billion oz. x $1500).
At a much smaller interest rate,
at 2.3%, a million will grow to a trillion, which is a million times
more, in just over 1000 years. Over 6000 years, and a gold coin would
become so large that it would be far, far, far more than all the gold in
the entire world. In fact, all the atoms of the entire universe would
have to become gold to pay that kind of interest rate over 6000 years.
Since
in either example, that much cannot be paid back, since it does not
exist, and since borrowers cannot make that much exist, then guaranteed
compounding of lending at usury, even at a tiny 2%, must be unnatural,
impossible, and unlawful, because it would otherwise lead to either
impossibilities, or total enslavement of mankind.
I put this
first, not because I learned it first, but because it gives the non
Christians something to think about, before they tune out when I start
talking about Biblical stuff.
When I became a Christian in 1998, I
did not have an instant insight into all things of the Bible and
Godliness. It was a slow process. I had to read it again. And again.
I look back now, and see that some of my initial thoughts were
childish.
The important thing that changed in me in 1998 was
that I was convinced, after a 6 month personal study online, that God
created the earth, and that evolution was a purely unproven fantasy not
qualified to even be called a scientific hypothesis, let alone a
theory. I still believe that. Evolution is not testable, not
repeatable, not observable, and therefore, not science. It is a
religion, and requires suspension of disbelief like any good fantasy.
So
after that, I finally took the Bible seriously, as the primary message
of God for mankind. And therefore, God expects men to be able read it
in their short lifetimes, and to be responsible for living their lives
in accordance with the revelations that he gives to us, through it!
That was a huge revelation, because I was taught the opposite; that only
a "governing body" of a few select men could interpret the Bible's
truths for us.
I remember reading or thinking of liberal
skeptics at college who said, "How could God allow slavery in the Bible,
that's just wrong. So God is wrong. Or they would say, "I could never
worship such a cruel God." See, in our modern society that has
outlawed slavery over 150 years ago, God just seems backwards and behind
the times!
Maybe I kind of believed like that for a while, it's
hard to remember. I do remember that was quite a puzzle for me to try
to understand why that was about slavery. I knew slavery was bad. So,
God allows slavery, yet the USA abolished it in the Civil war. A
puzzle.
Later, I remember how my thinking first changed, as I took the Bible seriously at first.
God is good, and we must obey him, even though we may not understand why at the time, was my new more serious view.
In
that light, I viewed God allowing slavery as "good", and therefore the
banning of Slavery in the US at the time of the civil war, logically,
had to be seen as arrogant and wrong by way of simple contrast.
After
all, how can we forbid what God has allowed? That's an opposite. God
is right, and the USA ban of slavery is wrong. Simple as that, right?
Well, not so much.
Later, I learned the difference between
allowing something, and approving of something. As a parent of
teenagers, I might "allow" my kids to buy candy with their money (after
all, you cannot control what they buy when they are not in your
presence), while telling them that I disapprove of their decision,
warning them of the consequences of too much candy, etc., but letting
them make their own decisions.
So, while God allows slavery, this
does not mean that God likes slavery, or approves of it. What a big
difference this nuance of thought can make!
After all, God also
allows us all to get diseases and die, since we are under the original
death sentence pronounced upon Adam and Eve. This does not mean that
disease and death are good, or that God wants us to get diseases and
die. No, God wants us to be healed, and to live forever!
And
God does not really approve of slavery, but rather limits and regulates
it and has stopped and prevented it in many ways, as he rescued the
Israelites out of slavery in Egypt after 400 years.
The beginning to the Ten Commandments says:
And
God spake all these words, saying, I am the Lord thy God, which have
brought thee out of the land of Egypt, out of the house of bondage.
The
Biblical regulations say slaves should be set free every 7 years. And
also every seven sets of seven years, (49 years) on the 50th year of
Jubilee.
From early American history, people who colonized the
USA back in the 1700's were "indentured servants" who served 7 years for
their ocean passage.
http://en.wikipedia.org/wiki/Indentured_servant#Restrictions
And Jesus has come to set us free from sin. And there is the very specific phrase saying to not enter into slavery:
1 Cor 7:23 You were bought at a price; do not become slaves of men.
Seen
in this light, the banning of slavery after the civil war in the US can
be seen as being more closely in line with God's view of slavery as
something not approved. It was allowed, but seen as bad.
Clearly,
God does not think slavery is "good" or a high ideal for the state of
man; not if he attaches his very name to the freeing of slaves, and
admonishes us to not become slaves. God does not even want us to be
slaves of sin, nor slaves to idols made of wood or stone!
But the puzzle is not finished.
But
did the USA really ban slavery? Perhaps only a certain kind?! What
about debt slavery? Did the USA ban debt slavery? Obviously not.
The
concept of being in debt, and being a slave are intimately related, not
only in life and history, but also in the Bible. Every 7 years and 50
years was supposed to be a time not only of slave release, but debt
release as well.
(Deut 15:1-3) (Lev 25, 27:16-18)
Somewhere
about 50 to 100 years ago in the USA, all home mortgages were for no
more than 7 years! Hard to imagine when most home mortgages are for 30
years, and "modern advisors" think it's cute and smart to tell you to
try to pay it off in 15, instead.
The indentured servants
mentioned? They became slaves to pay for their voyage across the sea,
to secure freedom from being a lifetime serf in Feudal England. When
faced with a choice of being a slave forever, or a slave for only 7 more
years to a righteous Biblical faction who was pushing for freedom from
the Pope and then freedom from the King of England, the choice is
tempting, because freedom has a natural allure!
Proverbs 22:7 The rich rule over the poor, and the borrower is slave to the lender.
Another interesting relation is that sin is like a debt.
So,
slavery is like debt, which is like sin! All three, slavery, debts,
and sins should be avoided, in my opinion, yet all three happen, and are
allowed!
The Biblical law has rules for debts, like there are rules for slavery, and the rules are similar.
Israelites
are not to charge usury, not any interest, to a fellow Israelite, but
they can to a foreigner. And there are the debt free years, every 7,
and 50!
Biblical law critics note that the years of debt
forgiveness were never followed by the Israelites. I know. The Bible
says this. They thus insist that the law is therefore impractical. I
think that is a rather immature view.
Gary North justifies usury
based on Matthew 25, the parable of the talents, where the evil servant
is told by the master that he should have at least put the talents with
the bankers to get usury.
http://www.garynorth.com/public/6909.cfm
http://www.garynorth.com/public/4007.cfm
But Jesus spoke parables on purpose, to hide
meaning. Thus, for every parable, there are at least two intended
meanings, one for the world to deceive them and keep the real truths
hidden, and another meaning for God's people who know the Bible well.
Some
think Matthew 25 also condemns the ownership of gold! Not so, either.
First, let me quote the parable in full, then I'll examine it.
The Parable of the Talents
Matthew 25
14"Again, it will be like a man going on a journey, who called his
servants and entrusted his property to them. 15 To one he gave five
talents of money, to another two talents, and to another one talent,
each according to his ability. Then he went on his journey. 16 The man
who had received the five talents went at once and put his money to work
and gained five more. 17 So also, the one with the two talents gained
two more. 18 But the man who had received the one talent went off, dug a
hole in the ground and hid his master's money.
19 "After a long
time the master of those servants returned and settled accounts with
them. 20 The man who had received the five talents brought the other
five. 'Master,' he said, 'you entrusted me with five talents. See, I
have gained five more.'
21 "His master replied, 'Well done, good
and faithful servant! You have been faithful with a few things; I will
put you in charge of many things. Come and share your master's
happiness!'
22 "The man with the two talents also came. 'Master,'
he said, 'you entrusted me with two talents; see, I have gained two
more.'
23 "His master replied, 'Well done, good and faithful
servant! You have been faithful with a few things; I will put you in
charge of many things. Come and share your master's happiness!'
24 "Then the man who had received the one talent came. 'Master,' he
said, 'I knew that you are a hard man, harvesting where you have not
sown and gathering where you have not scattered seed.
25 So I was afraid and went out and hid your talent in the ground. See, here is what belongs to you.'
26 "His master replied, 'You wicked, lazy servant! So you knew that I
harvest where I have not sown and gather where I have not scattered
seed? 27 Well then, you should have put my money on deposit with the
bankers, so that when I returned I would have received it back with
interest.
28 " 'Take the talent from him and give it to the one
who has the ten talents. 29 For everyone who has will be given more, and
he will have an abundance. Whoever does not have, even what he has will
be taken from him. 30 And throw that worthless servant outside, into
the darkness, where there will be weeping and gnashing of teeth.'
Some
just think it's wrong to store wealth in the form of gold. However,
gold and silver are the only things you can use as money that you can
weigh out and measure. An unjust weight and measure, such as the
dollar, remains an abomination.
Why is the evil servant evil?
First of all, the talent was not his money, it was his master's money!
His master was sowing with him, giving him money to be wisely invested.
A "talent" was 66-90 pounds of precious metal. It was a large amount
of money. The master, representing Jesus, acted as a capitalist, who
was investing his money in the man's ability to invest money. (Like an
investor who buys a silver stock fund, that in turn, invests in
stocks.) But the evil servant did not respect his master's capitalist
ways; and he made a false accusation, he said the master reaped where he
did not sow. But the master was sowing into the man, rather than into
the ground! So, in a sense, the evil servant valued himself as less
than dust, because his false accusation implied that it would be better
to sow into the ground than into himself!
The silver or gold became a stumbling block to him, because his heart was thinking wrong things.
The
capitalist who invests with men is not doing an evil thing as the evil
servant accused. The evil servant represents a man who despises
capitalism, the foundation of which is private property. He despised
his master's ways, and he was covetous of his master's potential gain.
But meanwhile, as one of his master's servants, he was consuming some of
his master's wealth, just to live! He was lazy and didn't want to work
for anyone else's benefit, but felt no guilt about taking benefits from
others.
But all work, to be profitable, must be to the benefit of other men!
So,
the story does not condemn storing gold, the story is an overwhelming
support of all the many principles of Biblical Capitalism, which is
different than the so-called capitalism we have today that is dominated
by money lending and fraudulent weights and measures!
Some people
wrongly think that Matthew 25:14-28 justifies usury, because the master
says to the evil servant: "you should have put my money on deposit with
the bankers, so that when I returned I would have received it back with
interest."
But this is not a justification of usury, it is a
condemnation. Clearly, the master could have deposited his money with
the usurers himself; he didn't need a servant to do that for him. But
the master clearly wanted to try to get a better return than with the
usurers, and expected that to be more than likely, which is why he
trusted his servant, instead. Also, that would teach and test his
servant about the nature of productivity. He even expected his most
lazy servant, to whom he entrusted the least money, to do better than
the local usurers!
The comparison of the evil servant to the
usurers does not justify usury. It is a way to highlight the comparable
evil of the evil servant. For example, if a man had a wife who cheated
on him by sleeping with someone else, and then, upon discovering that
betrayal, to highlight the evil of that adultery, her husband bitingly
and sarcastically remarked that she should at least have charged the man
like a harlot would, that's no justification of the practice of
harlotry, and the man is clearly not saying he simply wanted his wife to
get paid! But rather, it is assumed that harlotry is bad in such an
example. Otherwise, if you assume that being a harlot is good, then
saying the wife should have gotten paid like a harlot makes no sense.
Another
way to look at the comparison to putting the money with the bankers is
to look at other options of making money. It would make no sense to say
to the evil servant that he "should have at least put the money into a
stock that went up ten times, or two times, or one time," because that's
very hard to do, and not a sin, and would not showcase the evil
servant's evil. To show the evil servant his own evil, the comparison
has to be to something that is actually evil, such as depositing money
with bankers to get usury.
Back to why usury is evil, and was
the cause for punishment by God. Usury never rests. It compounds 24
hours a day, 7 days a week, 365 days a year, every year of the term of
the loan. As long as it is practiced, usury becomes a form of perpetual
slavery, and there is no debt release, there never was, as there needs
to be to obey the law.
God had punished Israel for not letting
"the land" rest on the years of the Jubilee, and for every year of
Jubilee not observed, they were to be exiled in Babylon. Daniel
recognized this.
Daniel 9:2 I, Daniel, understood from the
Scriptures, according to the word of the Lord given to Jeremiah the
prophet, that the desolation of Jerusalem would last seventy years.
Why
70? How did Jeremiah know this? Because the punishment was for not
following the law regarding debt and slave release every 50th year on
the Jubilee.
2 Chronicles 36:21
The land enjoyed its sabbath
rests; all the time of its desolation it rested, until the seventy years
were completed in fulfillment of the word of the Lord spoken by
Jeremiah.
How did Jeremiah know this? It was in the law! A curse
of exile if they did not follow the law of the 7 and 50th years of land
rest (sabbath years), debt release, and slave freedom.
Leviticus
26:34 Then the land will enjoy its sabbath years all the time that it
lies desolate and you are in the country of your enemies; then the land
will rest and enjoy its sabbaths. 35 All the time that it lies desolate,
the land will have the rest it did not have during the sabbaths you
lived in it.
Leviticus 26:43 For the land will be deserted by them
and will enjoy its sabbaths while it lies desolate without them. They
will pay for their sins because they rejected my laws and abhorred my
decrees.
The "Sabbaths" are not strictly limited to resting on
Saturday, and doing no work. It's also about not harvesting the crop on
the 7th year, not going into debt more than 7 years, and releasing
slaves on the 7th year. The other set of Sabbaths are the 7 Feasts of
the Lord, which are Passover, Unleavened Bread, Firstfruits, Pentecost,
Feast of Trumpets, Day of Atonement, and Tabernacles.
Ezekiel also wrote about the punishment for not following the Sabbaths.
Ezekiel
20:13 “‘Yet the people of Israel rebelled against me in the
wilderness. They did not follow my decrees but rejected my laws—by which
the person who obeys them will live—and they utterly desecrated my
Sabbaths. So I said I would pour out my wrath on them and destroy them
in the wilderness.
Perhaps now you can see why I write against
paper money, against debt, and against usury. It's slavery. Total
domination. The exact opposite of freedom. Usury is the opposite of
how a free market economy should work.
Some free market
libertarian advocates who lack a Biblical background, such as Ayn Rand,
and her student, Alan Greenspan, (and his successor Ben Bernanke) think
that banking is business, and lending at usury, should be completely
"free". But that's like trying to say that freedom should consist of
the freedom to enslave people!
Think about that contradiction for a while!
With libertarian advocates like those, who needs enemies?
See,
that's the same, childish distortion I originally had about slavery
when I first took the Bible seriously. That slavery must be ok, since
God allows it in the Bible.
God hates slavery, speaks against it,
offers redemption from it, condemns it, regulates slavery to cause
freedom on the 7th year, and punished Israel with exile since they
didn't follow the Sabbath rest times of freedom, and release of debts
and slaves!
God does not ban slavery, nor does God prohibit
lending at usury altogether. It's regulated. No usury to fellow
Israelites. Debt forgiveness on the 7th year.
But the prophets
had an even more enlightened view of the spirit of these laws. There is
no need to release your own slaves on the 7th year if you never have
any slaves to begin with. There is no need to pay off your debts, or
not go into any debt for a term of 7 years, if you avoid debts to begin
with. There is no need to release those who are paying debt to you, if
you are not a lender to begin with.
Jeremiah 15:10 Woe is me, my
mother, that thou hast borne me a man of strife and a man of contention
to the whole earth! I have neither lent on usury, nor men have lent to
me on usury; yet every one of them doth curse me.
And now here is
another curious mystery. Why would both borrowers and lenders curse one
who simply does not partake in either?
Because righteous preaching condemns both the behavior of borrowing and of lending!
Why
enslave your brothers through lending at usury? This is the argument
Nehemiah makes in the Bible, in Nehemiah Chapter 5. Why enslave
yourself to a debt payment? Don't do either! Don't oppress others and
don't oppress yourself. Why is that so hard to understand? Why is it
so hard to practice?
For several years, I have I contemplated
borrowing money to expand my business. After all, by helping people
acquire silver and gold, honest money, I'd be doing God's work, right?
But
if I can't justify practicing harlotry or theft, by giving 10% to the
temple, then I can no more justify borrowing, simply because my cause is
good.
May God have mercy on my soul, and encourage me to be steadfast, and to resist temptation.
So,
don't tell me that I don't understand how borrowing can be good. I
know. Besides, that's not the point. The point is obedience to God,
regardless of what we think is the right thing to do.
Sex before
marriage, or outside of marriage, or in any of the other Biblically
prohibited forms, also can feel really good. That's not a valid excuse!
What's
truly fascinating, is that the failure to obey God's laws on usury is a
failure of all strata of society. It's a failure of the most rich, who
lend. It's a failure of another of rich mechants, who borrow at low
preferred rates for speculation or business. It's a failure of the
poor, who borrow at high rates on credit cards at 30% that they can't
pay off. It's a failure of the preachers, who fail to condemn the
practice of both borrowing and lending at usury.
God punished
the Israelites for 70 years of exile in Babylon over this issue! This
was the wrath of God, his prophetic curse as contained in the laws of
Leviticus, referenced above. Daniel said so in Daniel chapter 9.
Daniel
9:11 All Israel has transgressed your law and turned away, refusing to
obey you. “Therefore the curses and sworn judgments written in the Law
of Moses, the servant of God, have been poured out on us, because we
have sinned against you.
Daniel 9:16 Lord, in keeping with all
your righteous acts, turn away your anger and your wrath from Jerusalem,
your city, your holy hill....
Due to lack of repentence, the 70
years became 70 weeks of years, or 490 years, a seven fold increase.
The 70th week is known also as the tribulation week, which is still yet
to come, also known as the 7 year tribulation, and the time of Jacob's
trouble.
This entire week is still "the wrath of God". This
completely disproves the fanciful notion that the wrath of God is poured
out only towards the end of the future tribulation week, and that the
entire week is not the wrath of God.
Thus, this "pre wrath
rapture" idea is correct in that the rapture comes before wrath. They
just don't realize that the wrath starts at the same time as the 7 year
tribulation.
So, this shows that prophecy, and the prophetic
punishment to come, is intimately related to failure to understand and
obey God's basic economic laws about debt, usury, and slavery! For that
reason alone, I would hesitate to borrow money at low rates, even for a
good cause!
During the tribulation, a main feature is the
emergence of the mark of the beast economic system, where no man may buy
or sell unless he takes the mark, the 666. Revelation 13.
Most
prophecy teachers say this is likely to be a biochip implant that will
enable a cashless currency system. The Bible says that those who take
the mark are engaging in an act of worship, and that they are deceived.
I
see that taking such a chip is an act of worship, since it violantes
every single one of the ten commandments at least in some sense.
Originally,
I thought that the opposite of a cashless system, would naturally be
cash. But I then realized that the true opposite is God's creation of
gold and silver!
I wrote an article on why Paper money alone
violates all of the ten commandments. Interestingly some people think
even paper money is like the mark of the beast, since the value of paper
money is established not by weight, but by marks on it! The marks of
governments!
http://www.silverstockreport.com/revised/commandments(revised).html
1. Paper money debt enslaves you to something other than God.
2. Valuing paper money is an act of idolatry.
3. "In God we trust" takes the Lord's name in vain.
4. The sabbath debt forgiveness times are ignored.
5. Lack of honest standards dishonors our parents.
6. Paper money has funded mass murder; two world wars.
7. Lenders, usurers, are committing spiritual adultery.
8. Paper money and banking is institutionalized theft.
9. Paper money requires a mountain of false testimony.
10. Paper money is supported by greed and covetousness.
Ah, there it is, my temptation to borrow. Greed.
And
a biochip money system violates all the basic economic laws, and is an
act of enslaving yourself to a fraudulent money system, and it's a
repudiation of God's money, silver and gold, which are inherently
anonymous and untrackable.