The
Coming Economic Reset and the Bible
by
Minister Paul J. Bern
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The
profligate $22 trillion dollar deficit currently being foisted on the
backs of scores of millions of hardworking Americans by their federal
government is, based on observation, one of the greatest rip-offs in
the history of humanity. The Federal Reserve, which everybody knows
by now to be neither, is the primary player in this scam, and certain
elements of the US government are its enablers. The root cause of
this problem is the way our capitalist economic system operates,
which is that it is based on debt as a way
to create money. For hundreds of years our economic system has
worked just fine just as it is, and many have benefited from its
existence, including myself.
But
more recently capitalism has become problematic due to one thing –
population increase. Once the earth's population eclipsed 5
billion in 1987, there were too many people that wanted their
fair share of capitalism's profits, and so all our fair shares have
been dwindling ever since in the form of stagnant wages. Since then,
humanity has passed the 7 billion mark back in 1999, and we will leap
over the 8 billion mark sometime in the early 2020's. The end result,
from capitalism's standpoint, is that too many people are competing
for their chunk of the profits, while too few already have far more
than their fair share. Our modern term for this is 'economic
inequality', and the US in particular has a huge problem with this.
Continental Europe (including Great Britain) is also experiencing
increasing issues with inequality, as the “yellow vest” protests
in France, as well as the civil unrest in Greece, Italy, Spain and
elsewhere attest to.
So
to come full circle, capitalism is a debt-based economic system, but
debt is slavery because those who are repaying their debts are
legally bound and obligated to them until they are repaid. So logic
would then dictate this: Capitalism is a debt-based economic system;
debt is slavery; therefore, capitalism is slavery, or more accurately
has devolved into slavery in the 21st
century. Realities change and paradigms change, and both by the force
of human progress. Now, before any of my prosperity-loving readers
become upset with me, I am certainly no Communist or Socialist – I
will admit to being a bit of a hippie, but I say that with pride and
enthusiasm. Both of those economic systems and/or ideologies have
already been tried, and they have all ultimately failed miserably,
such as Soviet Russia, Castro's Cuba, North Korea and Venezuela, to
name a few.
But
all of those who are capitalism's proponents are overlooking an
important set of facts, and that is what the Bible says about
indebtedness, debt repayment and debt forgiveness. That last one
concerning the forgiveness of debt is what the die-hard capitalists
have the biggest problem with. Yet strangely enough, nearly all of
them self-identify as Christians. They seem to have forgotten the
part of the Lord's prayer that says, “Forgive us our sins as we
forgive those who sin against us”. Don't expect to be forgiven
if you yourself refuse to forgive the wrongs of others, whether real
or imagined. Based on that alone, it would be good if I could
interject some relevant Scriptures over the next page or so, together
with some background and explanation of how these ancient Scriptures
still apply to modern life. All these truths come from the writing of
Moses, so let me start with Leviticus.
“8)
“Count off seven sabbath years – seven times seven years – so
that the seven sabbath years amount to a period of forty-nine years.
9) Then have the trumpet sounded everywhere on the tenth day of the
seventh month; on the Day of Atonement sound the trumpet throughout
your land. 10) Consecrate the fiftieth year and proclaim liberty
throughout the land to all its inhabitants. It shall be a jubilee for
you; each of you is to return to your family property and to your own
clan. 11) The fiftieth year shall be a jubilee for you; do not sow
and do not reap what grows of itself or harvest the untended vines.
12) For it is a jubilee and is to be holy for you; eat only what is
taken directly from the fields. 13) In this Year of
Jubilee everyone is to return to their own property.”
(Leviticus 25, verses 8-13)
Now, just to set the
record straight, a “sabbath year” is defined earlier in this
passage, in verses 3 through 5: “For
six years sow your fields, and for six years prune your vineyards and
gather their crops. But in the seventh year the land is to have a
year of sabbath rest, a sabbath to the Lord.
Do not sow your fields or prune your vineyards. Do not reap what
grows of itself or harvest the grapes of your untended vines. The
land is to have a year of rest.”
At first glance, this would not seem to apply to modern life. After
all, we no longer live in an agrarian-based society. But this way of
life could still be applicable to the times in which we live.
Overpopulation has been a concern for the last generation or so,
probably more. Yet one fourth of the world's population still does
not have access to clean running water. So what if everybody took a
whole year off and hooked up the entire world with clean water and
sanitation? The world sure would be a lot better place, inhabited by
a lot better caliber of people, than it is now. That could be one
version of a modern Sabbath year.
“Consecrate
the fiftieth year and proclaim liberty throughout the land to all its
inhabitants. It shall be a jubilee for you; each of you is to return
to your family property and to your own clan. The fiftieth year shall
be a jubilee for you; do not sow and do not reap what grows of itself
or harvest the untended vines.”
In modern times, instead of crops in the field, we should be tending
to one another since there are so many of us. Imagine having an
entire year of paid family leave! That's just one way that these
commandments of old can be renewed and their relevance refreshed, I'm
sure you can think of some more. “For
it is a jubilee and is to be holy for you; eat only what is taken
directly from the fields. In this Year of Jubilee everyone is to
return to their own property.”
Remember that slavery was still legal back in those days. Anyone who
had sold themselves into slavery to repay a debt, which was common,
was free to return home to their families. The same thing applied to
mortgages, as we see in verse 13. It still does – which is why 30
year mortgages are sinful for both borrower and lender. Let that one
sink in for a minute.
Now
let me quote from a second example before tying this all together.
“1)
At the end of every seven years you must cancel debts. 2) This is how
it is to be done: Every creditor shall cancel any loan they have made
to a fellow Israelite. They shall not require payment from anyone
among their own people, because the Lord’s
time for canceling debts has been proclaimed. 3) You may require
payment from a foreigner, but you must cancel any debt your fellow
Israelite owes you. 4) However, there need be no poor people among
you, for in the land the Lord
your God is giving you to possess as your inheritance, he will richly
bless you, 5) if only you fully obey the Lord
your God and are careful to follow all these commands I am giving you
today.”
(Deuteronomy 15, verses 1-5)
By
now all of you have noticed that our economic system, together with
the mortgage and payday and vehicle title loan businesses, are not
even in the ball park compared to God's instructions to Moses, which
have been handed down to the rest of us. Some of you will be
surprised to learn that any loan lasting longer than seven years runs
contrary to the instructions contained in the Scriptures. Also,
notice in verse 3, where the Lord Almighty says it's OK to lend to
foreigners, which means 'non-Jews' in this context, but extends to
everyone in modern times simply because there are so many of us. If
this is starting to sound like it includes those who are applying to
cross America's southern border, you are absolutely right.
“However,
there need be no poor people among you,...”
If, says the Lord Almighty, we obey these commands, everyone will
have enough, and there will be no one needy among us. But modern
capitalism has devolved into a contest of “whoever takes the most
wins”, which is exactly the opposite of what the above passages of
Scripture tell us to do. Consequently, the western capitalist-based
economies are in real danger of collapse for the first time in living
memory for all but the oldest of Americans, who still remember the
Great Depression. Debt has now reached unprecedented levels, and the
interest on the deficits of the world's governments are accruing
faster than the principals can be repaid. A financial implosion is on
the horizon – not just America's, but the entire world's economies
will soon crash. Once the federal reserve runs out of debt from which
to create money (see fractional
reserve lending), there will be no one left to lend to, and the
world's finances will run dry. This will included the world's banking
systems as well as the economies of entire countries. And all this
will be occurring because some insanely selfish people can never get
enough money, wealth and prestige, all of which are illusions.
So
ultimately, the world's economies are going to have to be rebooted
sooner or later. It will be the only way to stave off disaster. If
anyone has money in the stock market, better get your money out of
there before you lose it, and I'm not kidding. Anywhere is better
than Wall Street's gambling casino. And, when the day finally comes
when all the world's economies have to be reset, instead of gold and
silver, I would invest in ammunition, nonperishable food, tools and
barter items as a way to survive what's coming. A ton of gold will do
you no good if there's no way to sell it. Our money could become
worthless, or close to it. One dollar in 1913 is worth 4 cents today,
which is why I say that hyperinflation isn't on the horizon. It's
already here, and we've got it in spades. Four stinking cents? Just
think about that and let it sink in for a minute, and you'll see how
far we've fallen. And we're going to have to pick ourselves up,
because the government will no longer be able to help us. Let that
one sink in too.
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