Happy Birthday, Wendy! Interesting to see someone promoting the concept of gold value without promoting a specific company that sells it! You might be missing a monetization opportunity. : )
There are several problems with money, and money creation. But it should be realized that all money is fiat money -- otherwise it wouldn't exist in the first place. The first problem is that the money supply isn't expanded or contracted in relation to the needs of the economy, instead it's generally expanded in order to benefit the greed of the few. It tends to become an unstable system. Attempting to back the money with gold isn't a solution; reducing greed is the only option, but good luck with that.
Ford, with his money-related quotes, wasn't referring to gold backed currency. He was rather referring to the practice of the Federal Reserve (a private bank controlled by the Bank of England) of creating money as an interest-bearing debt. Although legal, it's completely illegitimate, and mainly serves to further the interests of WEF/BIS/Red Badger crowd. Gold is no solution to the problem of sin.
Hi John, thank you for your comments—I truly appreciate all perspectives as they spark meaningful discussion. While your points about fiat money, greed, and the Federal Reserve’s debt-based system raise valid concerns, I believe your dismissal of gold misses the biblical view. Scripture upholds gold as true, God-given wealth, while condemning usury as the root sin behind economic instability. Let’s address your arguments biblically...
All money is fiat? Not biblically. You claim all money is fiat, but Scripture presents gold and silver as intrinsic wealth, not human-created. Genesis 2:11-12 calls gold “good,” and Haggai 2:8 declares, “The silver is mine, and the gold is mine, saith the Lord.” Abraham (Genesis 13:2) and Solomon (1 Kings 10:14-22) measured wealth in gold, not fiat notes. Genesis 13:2 states that "Abram was very rich in cattle, in silver, and in gold". Gold’s finite supply prevents the manipulative expansion you critique.
Greed and instability? You note that money expansion serves greed, but this applies to fiat credit (usury), not gold. Usury—lending at interest—is the sin (Exodus 22:25, Leviticus 25:35-37, Ezekiel 18:13). Fiat money, created as debt by the Fed, is inherently usurious, enslaving borrowers (Proverbs 22:7). Gold, uncreatable by banks, curbs greed-driven inflation.
Henry Ford’s critique supports gold. You reference Ford’s criticism of the Fed’s debt-money system. His quote—“If people understood our banking system, there would be a revolution”—targets usurious fiat, not gold. The gold standard of Ford’s era limited such exploitation. Your “WEF/BIS” concerns point to fiat’s control, not gold, which decentralizes wealth (e.g., the widow’s mite, Mark 12:42).
You say gold doesn’t solve sin, and true, only Christ does (Romans 3:23-24). But gold mitigates economic sin by enforcing honest money, unlike fiat debt that fuels usury. It’s a biblical tool to limit greed’s harm, as seen in Job 28:15 and 1 Peter 1:7.
John, gold is biblical wealth (Genesis 13:2), while credit enables the usury that Scripture condemns. A gold-backed system aligns with God’s design, addressing the instability you highlight. I’m open to further discussion—thanks again for engaging. I appreciate!
Happy birthday!
Thanks, Toby!
Happy Birthday, Wendy! Interesting to see someone promoting the concept of gold value without promoting a specific company that sells it! You might be missing a monetization opportunity. : )
And you are correct, I don't sell gold :). Like the central banks, I buy.
Thank you very much.
There are several problems with money, and money creation. But it should be realized that all money is fiat money -- otherwise it wouldn't exist in the first place. The first problem is that the money supply isn't expanded or contracted in relation to the needs of the economy, instead it's generally expanded in order to benefit the greed of the few. It tends to become an unstable system. Attempting to back the money with gold isn't a solution; reducing greed is the only option, but good luck with that.
Ford, with his money-related quotes, wasn't referring to gold backed currency. He was rather referring to the practice of the Federal Reserve (a private bank controlled by the Bank of England) of creating money as an interest-bearing debt. Although legal, it's completely illegitimate, and mainly serves to further the interests of WEF/BIS/Red Badger crowd. Gold is no solution to the problem of sin.
Hi John, thank you for your comments—I truly appreciate all perspectives as they spark meaningful discussion. While your points about fiat money, greed, and the Federal Reserve’s debt-based system raise valid concerns, I believe your dismissal of gold misses the biblical view. Scripture upholds gold as true, God-given wealth, while condemning usury as the root sin behind economic instability. Let’s address your arguments biblically...
All money is fiat? Not biblically. You claim all money is fiat, but Scripture presents gold and silver as intrinsic wealth, not human-created. Genesis 2:11-12 calls gold “good,” and Haggai 2:8 declares, “The silver is mine, and the gold is mine, saith the Lord.” Abraham (Genesis 13:2) and Solomon (1 Kings 10:14-22) measured wealth in gold, not fiat notes. Genesis 13:2 states that "Abram was very rich in cattle, in silver, and in gold". Gold’s finite supply prevents the manipulative expansion you critique.
Greed and instability? You note that money expansion serves greed, but this applies to fiat credit (usury), not gold. Usury—lending at interest—is the sin (Exodus 22:25, Leviticus 25:35-37, Ezekiel 18:13). Fiat money, created as debt by the Fed, is inherently usurious, enslaving borrowers (Proverbs 22:7). Gold, uncreatable by banks, curbs greed-driven inflation.
Henry Ford’s critique supports gold. You reference Ford’s criticism of the Fed’s debt-money system. His quote—“If people understood our banking system, there would be a revolution”—targets usurious fiat, not gold. The gold standard of Ford’s era limited such exploitation. Your “WEF/BIS” concerns point to fiat’s control, not gold, which decentralizes wealth (e.g., the widow’s mite, Mark 12:42).
You say gold doesn’t solve sin, and true, only Christ does (Romans 3:23-24). But gold mitigates economic sin by enforcing honest money, unlike fiat debt that fuels usury. It’s a biblical tool to limit greed’s harm, as seen in Job 28:15 and 1 Peter 1:7.
John, gold is biblical wealth (Genesis 13:2), while credit enables the usury that Scripture condemns. A gold-backed system aligns with God’s design, addressing the instability you highlight. I’m open to further discussion—thanks again for engaging. I appreciate!