Does Congress Have the Guts?

 What does the Bible have to say about money?  Plenty as it turns out, and America is heeding none of it, according to Jason Pierce at the American Thinker today in a piece entitled What the Bible Says About Money Inflation, Debt and the Fed. Setting the stage, Pierce writes:

It’s now common knowledge that the U.S. dollar is in danger of losing its status as the world reserve currency. This is primarily due to two factors, the first being the Federal Reserve’s inflation of the money supply, which drives price inflation. Money inflation destroys the purchasing power of the dollar, acting as a crippling tax on the poor, middle class, and retirees on fixed incomes. But the money inflation also distorts prices, and supply and demand structures and markets. This drives the boom-bust economic bubbles which blow-up into recessions. In addition, the money inflation also funds America’s destructive welfare state (which only incentivizes additional welfare), and America’s bankrupting wars of choice, as well as the ever-expanding federal Big Government. All of the above are as destructive as they are unsustainable. What they amount to is fraud and violence against the American people.

The other major factor threatening the dollar, is the Biden administration’s economic warfare in the form of sanctions on Russia. Whatever one thinks about the role the U.S. should play in the conflict (if any), the sanctions have driven Russia, China, and a handful of other countries to ditch the dollar in favor of the yuan, gold, and even bitcoin. One important takeaway every American should understand is, the dollar losing reserve status would mean a dramatic drop in the standard of living for all Americans.

Note that all this is being done deliberately in an effort to collapse America and render us a poor people. They want to turn the United States into what President Trump called a "sh*t hole." I used to think that the people now running our country hated us. But I now think it is worse. These people are indifferent to us. They see us as mere insects, of no more concern than a pesky fly. The self-appointed so called "elites" on the other hand, are the exalted ones, who deserve the power and wealth by virtue of their superior knowledge, and "moral" clarity. In reality, they are just scavengers sucking the life blood out of the American people.

This brings us back to the Bible. The following passages speak to God’s command for, and Israel’s attempt to commit to non-inflatable, or “honest” money. The money spoken of below are coins composed of metals (silver and gold, for example), pegged to a specified weight and purity:

“Do not use dishonest standards when measuring length, weight or quantity. Use honest scales and honest weights, an honest ephah and an honest hin (Leviticus 19:35-36).”

“Unequal weights are an abomination to the LORD, and false scales are not good (Proverbs 20:23).”

“Your silver has become dross, your choice wine is diluted with water (Isaiah 1:22).”

God's commands are often viewed by people as attempts to prevent us from having fun, or to control us. Viewed this way, religion is a sad affair. But these are not the points God attempts to make. Rather, the things God commands us not to do will beget their own punishments time after time. If we wind up in hell, it is our own doing. Only Jesus can save us.

Congress should have intervened when President Nixon took us off the gold standard. They could intervene now and put us back on it. But that would take rare courage, and I don't think they have the guts.