The Gold Standard
If Israel is to rule over the nations with Yeshua’s rod of iron, one way to bring that about is simply to put Israel on the gold standard. That simple step alone will give the currency amazing stability and strength.
Scripture puts a lot of weight on money. Among other things, YHWH tells us to be scrupulously honest with money, such that we have honest scales, and do no injustice in measurement of length, weight, or volume.
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Leviticus 19:35-36
35 “You shall do no injustice in judgment, in measurement of length, weight, or volume.
36 You shall have honest scales, honest weights, an honest ephah, and an honest hin: I am YHWH your Elohim, who brought you out of the land of Egypt.”
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(35) לֹא תַעֲשׂוּ עָוֶל בַּמִּשְׁפָּט | בַּמִּדָּה בַּמִּשְׁקָל וּבַמְּשׂוּרָה: (36) מֹאזְנֵי צֶדֶק אַבְנֵי צֶדֶק אֵיפַת צֶדֶק וְהִין צֶדֶק יִהְיֶה לָכֶם | אֲנִי יְהוָה אֱלֹהֵיכֶם אֲשֶׁר הוֹצֵאתִי אֶתְכֶם מֵאֶרֶץ מִצְרָיִם
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YHWH wants us to be perfect honesty whenever we measure out both quantities of goods, and payment. He considers this so important that He tells us whoever behaves unrighteously with money is an abomination in His sight. He feels so strongly about it that He tells us again in Deuteronomy 25:13-16.
Devarim (Deuteronomy) 25:13-16
13 "You shall not have in your bag differing weights, a heavy and a light.
14 You shall not have in your house differing measures, a large and a small.
15 You shall have a perfect and just weight, a perfect and just measure, that your days may be lengthened in the land which YHWH your Elohim is giving you.
16 For all who do such things, all who behave unrighteously, are an abomination to YHWH your Elohim.
In verse 15 (above) YHWH even tells us that if we want our days to be long then we must make sure that all of our weights and measures are perfect and just. Not only is this important for us as individuals, it is vitally important for the government.
Ezekiel speaks of the day when the coming prince (nasi) of Israel will establish ‘honest scales’, such that YHWH’s people no longer suffer violence, plundering and dispossession. What this requires is for him to establish a system of honest money.
Yehezqel (Ezekiel) 45:9-10
9 'Thus says YHWH Elohim: "Enough, O princes of Israel! Remove violence and plundering, execute justice and righteousness, and stop dispossess-ing My people," says YHWH Elohim.
10 "You shall have honest scales, an honest ephah, and an honest bath.”
Notice:
1. In the days of the coming Millennial Temple,
2. YHWH will have the nasi stop the violence, the plundering and the dispossessing His people
3. by establishing honest measures of value (i.e., by establishing honest money).
If Israel will establish honest money in the future, then this implies Israel does not have honest money now. , YHWH says this lack of honest money is the reason His people are being plundered, dispossessed, and are ‘suffering violence.’ But what does that look like, in real terms?
Micah 6 tells us to do justly, to love mercy, and to walk humbly with YHWH our Elohim.
Micah 6:8-16
8 He has shown you, O man, what is good; And what does YHWH require of you But to do justly, to love mercy, and to walk humbly with your Elohim?
As we will see, Micah is talking about money. But what does money have to do with mercy, and humility? YHWH gives us a marvelous answer.
9 YHWH’s voice cries to the city — “Wisdom shall see Your name: Hear the rod! Who has appointed it?
When a child disobeys his parents, he is corrected with a rod of discipline (e.g. Proverbs 13:24, 22:15). In the same way, YHWH disciplines His children when they disobey Him. Every smart child tries to discover what ‘made him smart’, so he can avoid ‘smarting’ again in the future. In the same way, the wise of YHWH’s people see and hear the name of YHWH’s rod, which He will send to punish those who gather “the Treasures of Wickedness”, who use the “short measure that is an abomination.”
10 Are there yet the treasures of wickedness in the house of the wicked, and the short measure that is an abomination?
YHWH says He will not count anyone who uses wicked scales, or who has a “bag of deceitful weights” as pure.
11 Shall I count pure those with the wicked scales, and with the bag of deceitful weights?
But we do not weigh out silver and gold on scales in the marketplace anymore, so how are we guilty of using ‘wicked scales’ and ‘deceitful weights’? We will answer this as this study progresses.
YHWH then says that while our rich men are full of violence, all of us have spoken lies, and all of our tongues are deceitful in our mouths. But why does He count us all as being guilty, when it is only the rich men whom He says have done violence? And why does He count it against all of us as sin?
12 For her rich men are full of violence, her inhabitants have spoken lies, and their tongue is deceitful in their mouth.
13 "Therefore I will also make you sick by striking you, by making you desolate because of your sins.
King Omri lived some 150 years before Micah, and yet the ‘Statutes of Omri’ and the ‘works of Ahab’s house’ were still being kept in Micah’s day. YHWH said that because the people were still keeping these statutes there would be hunger and devastation in the land.
14 You shall eat, but not be satisfied; hunger shall be in your midst. You may carry some away, but shall not save them; and what you do rescue I will give over to the sword.
15 "You shall sow, but not reap; you shall tread the olives, but not anoint yourselves with oil; and make sweet wine, but not drink wine.
16 For the statutes of Omri are kept; all the works of Ahab's house are done; and you walk in their counsels, that I may make you a desolation, and your inhabitants a hissing. Therefore you shall bear the reproach of My people."
What are these ‘Statutes of Omri’? Scripture does not give us much detail. On the surface, Omri appears to be just some minor king who ruled the Northern Kingdom of Ephraim (Israel) for twelve years.
Melachim Aleph (1st Kings) 16:25-28
23 In the thirty-first year of Asa king of Judah, Omri became king over Israel, and reigned twelve years. Six years he reigned in Tirzah.
24 And he bought the hill of Samaria from Shemer for two talents of silver; then he built on the hill, and called the name of the city which he built, Samaria, after the name of Shemer, owner of the hill.
25 Omri did evil in the eyes of YHWH, and did worse than all who were before him.
26 For he walked in all the ways of Jeroboam the son of Nebat, and in his sin by which he had made Israel sin, provoking YHWH Elohim of Israel to anger with their idols.
27 Now the rest of the acts of Omri which he did, and the might that he showed, are they not written in the book of the chronicles of the kings of Israel?
28 So Omri rested with his fathers and was buried in Samaria. Then Ahab his son reigned in his place.
Scripture says little more about Omri than that he did more evil than all those who had gone before him, and that he begat the wicked King Ahab. However, we know from history that the reason King Omri was so evil was that he created a system of laws to replace YHWH’s. If Israel can be operationally defined as a group of people who fear YHWH and strive to keep His Instructions, then Omri turned Israel into another people. In his short twelve year reign Omri led the Northern Kingdom away from Torah so thoroughly that for many years after his death the Edomites and the Assyrians continued to call the Northern Kingdom not the House of Israel/Ephraim but ‘the House of Omri.’
If Scripture does not say much about King Omri, it says a little more about his son Ahab. While verse 16 tells us that Omri did more evil than all those who had come before him, verse 30 tells us that his son King Ahab did even more evil than that.
Melachim Aleph (1st Kings) 16:29-33
29 In the thirty-eighth year of Asa king of Judah, Ahab the son of Omri became king over Israel; and Ahab the son of Omri reigned over Israel in Samaria twenty-two years.
30 Now Ahab the son of Omri did evil in the sight of YHWH, more than all who were before him.
31 And it came to pass, as though it had been a trivial thing for him to walk in the sins of Jeroboam the son of Nebat, that he took as wife Jezebel the daughter of Ethbaal, king of the Tsidonians; and he went and served Baal and worshiped him.
32 Then he set up an altar for Baal in the temple of Baal, which he had built in Samaria.
33 And Ahab made a wooden image. Ahab did more to provoke YHWH Elohim of Israel to anger than all the kings of Israel who were before him.
The thing to note here is that while Judah’s kings were never perfect, many of them feared YHWH and sought His face in their decision-making processes. This is similar to how Yeshua says to seek YHWH first, and then the good things of the world will be given unto us.
Mattithyahu (Matthew) 6:31-33
31 "Therefore do not worry, saying, 'What shall we eat?' or 'What shall we drink?' or 'What shall we wear?'
32 For after all these things the Gentiles seek. For your heavenly Father knows that you need all these things.
33 But seek first the kingdom of Elohim and His righteousness, and all these things shall be added to you.”
In contrast, the kings of the north rarely asked YHWH what to do during their decision-making processes. Rather, in classic Tree-of-the-Knowledge form, they did what they intellectually thought was best, and then they asked YHWH to bless what ‘they’ had decided. In this the parallel between “the works of Ahab’s house” and America’s political leadership is almost exact.
Ahab did not seek first the Kingdom of Elohim and His righteousness, trusting that everything would then be added to him. Rather, Ahab sought financial security by forging strategic alliances with other nations. His marriage to Jezebel, daughter of the Tsidonian (Phoenician) king was likely made out of a desire to cement a strategic and financial alliance with the Tsidonians, whom he perhaps felt he would give them access to the huge maritime markets of the Tsidonian Empire.
In walking by sight, rather than by faith, the kings of the Northern Kingdom gave no credit to YHWH’s power. Although Ahab may have thought that his marriage into the Tsidonian Empire would increase his country’s economic and military security, it did not stop him from being attacked by King Ben-hadad of Syria (Aram). Because the Syrian army so greatly outnumbered Ahab’s, Ahab’s defeat seemed certain; and yet even for all of his disobedience YHWH took mercy on Ahab and delivered him, just so that he would ‘know YHWH’, and develop a trusting one-on-one relationship.
Melachim Aleph (1st Kings) 20:13
13 Suddenly a prophet approached Ahab king of Israel, saying, "Thus says YHWH: 'Have you seen all this great multitude? Behold, I will deliver it into your hand today, and you shall know that I am YHWH.'”
However, even though YHWH gave King Ben-Hadad into Ahab’s hand, Ahab did not destroy Ben-Hadad, and so therefore King Ben-Hadad attacked him again the following year. YHWH delivered Ahab yet again, but again He implied that Ahab needed to completely destroy the Syrian army, in that the Syrian army was to be ‘delivered into his hand.’
Melachim Aleph (1st Kings) 20:26-28
26 So it was, in the spring of the year, that Ben-Hadad mustered the Syrians and went up to Aphek to fight against Israel.
27 And the children of Israel were mustered and given provisions, and they went against them. Now the children of Israel encamped before them like two little flocks of goats, while the Syrians filled the countryside.
28 Then a man of Elohim came and spoke to the king of Israel, and said, "Thus says YHWH: 'Because the Syrians have said, "YHWH is Elohim of the hills, but He is not Elohim of the valleys," therefore I will deliver all this great multitude into your hand, and you shall know that I am YHWH.'”
Because YHWH took mercy on King Ahab, Ahab’s forces routed the Syrian army and King Ben-Hadad fled for his life. However, when Ben-Hadad offered Ahab access to the thriving marketplaces of Damascus, Ahab made an alliance with him.
Melachim Aleph (1st Kings) 20:34
34 So Ben-Hadad said to him, "The cities which my father took from your father I will restore; and you may set up marketplaces for yourself in Damascus, as my father did in Samaria." Then Ahab said, "I will send you away with this treaty." So he made a treaty with him and sent him away.
The World would count sparing our enemies’ lives as a ‘nice’ thing to do, and they would approve. The only problem is that YHWH had already said that He wanted the Syrian army destroyed. Ahab was motivated not just by negligence but also by greed, as he was swayed by the prospect of accessing the marketplaces of Damascus. Yet notice that this is not seeking first the Kingdom of Elohim, trusting that all of these things would be added by Elohim: rather, this was seeking first the material blessings of the kingdom. In this, King Ahab had the cart before the horse.
Scripture does not tell us these things for no reason. If King Ahab were alive today, he would be like unto the United States President, a leader in the World Bank, the United Nations or any of the other organizations that ignore YHWH’s Instructions for short-term gains in commerce. Much like Ahab they promote tolerance towards other religions for the sake of trade. This kind of thing is not innocuous. When Ahab sanctioned Baal worship for the sake of his Tsidonian wife Jezebel, it eventually ushered in the wholesale slaughter and persecution of YHWH’s prophets.
Melachim Aleph (1st Kings) 18:4
4 For so it was, while Jezebel massacred the prophets of YHWH, that Obadiah had taken one hundred prophets and hidden them, fifty to a cave, and had fed them with bread and water.
Ahab’s financial successes typify the “Treasures of Wickedness” that Micah 6:10 warns us about. These Treasures of Wickedness are any benefits that come not from seeking first the Kingdom of Elohim (and His righteousness), but from seeking first the material blessings that we want YHWH to add to us.
Micah 6:10-11
10 Are there yet the treasures of wickedness in the house of the wicked, and the short measure that is an abomination?
11 Shall I count pure those with the wicked scales, and with the bag of deceitful weights?
At the time of this writing (in 2010 CE), America is still seeking YHWH’s blessings without first seeking His face; and YHWH’s rod of discipline is fast approaching. Therefore let us have eyes to see and ears to hear, so we can avoid the same kinds of problems after we are brought back to His land.
What we need to understand in the here-and-now is that from a scriptural point of view there are four basic types of money, in descending order of desirability.
1. Commodity money (lawful)
2. Proxy (commodity-backed) money (lawful/best),
3. Fiat money (unlawful), and
4. Debt money (unlawful).
A ‘commodity’ is anything that has intrinsic desirability and worth on the open market. Historically, commodity money is silver, gold, and also copper. In Tanach (Old Testament) times, payment was made by measuring out specific weights of the desired ‘specie metals.’
B’reisheet (Genesis) 23:14-16
14 And Ephron answered Avraham, saying to him,
15 "Adoni, listen to me; the land is worth four hundred shekels of silver. What is that between you and me? So bury your dead."
16 And Avraham listened to Ephron; and Avraham weighed out the silver for Ephron which he had named in the hearing of the sons of Heth, four hundred shekels of silver, currency of the merchants.
What we need to know is that that the use of specie metals as money honors Elohim’s judgments. Because our forefathers disobeyed Elohim, YHWH ordained we would have to toil in order to obtain our food and our livelihood, ‘by the sweat of our face.’
B’reisheet (Genesis) 3:17-19
17 Then to Adam He said, "Because you have heeded the voice of your wife, and have eaten from the tree of which I commanded you, saying, 'You shall not eat of it', cursed is the ground for your sake. In toil you shall eat of it all the days of your life.
18 Both thorns and thistles it shall bring forth for you, and you shall eat the herb of the field.
19 In the sweat of your face you shall eat bread till you return to the ground, for out of it you were taken; for dust you are, and to dust you shall return."
Because YHWH judged that men should work, work is both noble, and good. Further, because we have to toil ‘by the sweat of our face’ in order to obtain precious metals, these metals honor the labor that Elohim gave man to do; and therefore they honor Elohim as well.
Because gold and silver are limited in supply, and because they are useful and universally desirable, they have what is known as ‘inherent value.’ So long as the gold and sliver is of a known purity and the weights and scales used to measure them are accurate, specie metals form what is called ‘lawful money.’ That is, YHWH considers these specie metals to be ‘honest.’
The American Founding Fathers were aware of the inherent desirability of gold and silver, and that YHWH honored it as lawful money, and this is one reason why the U.S. Constitution grants the federal government the right (and by implication, the responsibility) to coin metal money, and to regulate the value thereof. (The word “coin” here refers specifically to specie metals.)
Section 8. The Congress shall have power…To coin money, regulate the value thereof…and fix the standard of weights and measures….
The reason specie metal coins are lawful is that they are a pure form of barter. In essence, one exchanges a known amount of metal for whatever other goods or services one wants to purchase, just as in Avraham’s day. However, with such regulated coinage the scales are not necessary, as the purity and quantity is established at the mint.
Specie metal coins are honest, but inconvenient. They are heavy and bulky, and especially difficult to use in electronic commerce. The best thing is for the kingship to issue ‘proxy money’, which is backed one-to-one by a known quantity of gold and silver. This proxy money is extremely useful, and greatly simplifies commerce; but in order to be lawful it must be backed one-to-one by gold or silver, and the holder must be able to exchange it for gold or silver at any time. When both of these things are true then such proxy currencies are literally “as good as gold”; and this is the very best kind of money a society can have. However, if it is not backed by gold or silver then such proxies are not lawful; but they are an abomination called ‘fiat’ money.
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Genesis 1:3
3 Then Elohim said, "Let there be light"; and there was light.
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VUL Genesis 1:3
Dixitque Deus fiat lux et facta est lux
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In the Latin Vulgate, the phrase ‘Let there be light’ is ‘fiat lux.’ The word ‘fiat’ means ‘let there be’; and so fiat money literally means, ‘Let there be money.’
Just as YHWH called the world into being when nothing existed before it, governments also sometimes ‘call money into being’, even when it is backed by nothing, and represents no hard physical commodity for which men are willing to labor. Such money is not honest, and therefore it does not honor YHWH. Therefore YHWH does not honor it; and that makes it unlawful.
Throughout history, various governments have tried to establish fiat money systems, but they always fail. Not just theory, but also hard experience prove that when money is not backed one-to-one by a hard commodity such as silver or gold, problems invariably arise, for which there are no solutions. This is why the French statesman Voltaire said that ‘paper’ money always returns to its intrinsic (inherent) value, which is zero.
"Paper money eventually returns to its intrinsic value ---- zero." —Voltaire
It is a colossal disaster for a nation’s currency system to lose all of its value. People lose everything, and they even starve. Democracies seem to be especially prone to this kind of thing; but how does it happen?
At least in theory, voters in a democracy are supposed to be noble-minded citizens who educate themselves, so as to elect the best qualified candidates. In turn, the candidates are supposed win the election by proposing the most sensible platform, which benefits all parties concerned. However, all theory aside, Scripture tells us that man’s nature is not truly admirable, but evil.
Yirmeyahu (Jeremiah) 17:9
9 "The heart is deceitful above all things, and desperately wicked; who can know it?”
In reality, secular electorates typically vote not for the best interests of all, but for their own selfish interests. This same principle of secular self-seeking also holds true for the candidates, who usually win their elections (or re-elections) by promising to give the people more than they take from them in taxes. However, YHWH does not honor schemes to ‘get something for nothing,’ even if the candidates pretend to believe in Him. To whom more is given, more is required; and as with King Ahab, when leaders and their citizens disregard YHWH’s instructions, there is always a price to pay.
There is nothing hidden that shall not come to the light. All governments face budgetary pressures, but how they resolve these budgetary pressures reveals their true character. When government must back its currency one-to-one by silver or gold, then it must bring in at least as much money as it spends each year; and therefore it must balance its budget. However, when the people place no limits on how much money government can print, then rather than raise taxes it just becomes easier to print more money (on debt).
However, when government prints more money than it has silver or gold to back it, it sets a devastating train of events into motion. Instantly, each dollar represents a smaller slice of all federal assets, and so the number of dollars it takes to purchase any given commodity goes up. The result is inflation; and while inflation is almost accepted as ‘unavoidable’ in modern-day America, it does not exist outside of fiat money cultures. What inflation is, then, is a curse for disobeying YHWH’s Torah with regards to honest money.
Another one of YHWH’s judgments is that when one steals something from an innocent neighbor, one must then give back many times more than one initially took.
Shemote (Exodus) 22:1
1 "If a man steals an ox or a sheep, and slaughters it or sells it, he shall restore five oxen for an ox, and four sheep for a sheep.”
Now if a man is punished fourfold for stealing from an innocent neighbor, how much more shall YHWH punish us for stealing from our children? And how much will our children have to suffer, due to generational sin?
When a nation tries to avoid paying for its government at the time services are rendered, it always pays dearly in the end. Inflation brings hidden taxes on savings, because whatever money one places in savings does not hold its value (but it deteriorates). This gives the people a real disincentive to save; and this disincentive causes even more problems, because all commercial economies require savings in order to function.
For example, new businesses often need capital in order to start up. However, if no one has any money saved, then new businesses cannot borrow the startup capital they need; and so they cannot start. The result is a much weaker economy that is unable to take advantage of the best new technologies and ideas.
However, the real time-bomb effect is set when the people start to accept the idea that they do not need to pay for their government as they go. When the voters begin subconsciously to expect their representatives ‘just to print more money’, then the people involuntarily begin to accept the idea of funding government on credit now, and leaving the debt for their children to pay later. However, this is the exact opposite of the scriptural principle, which is not to leave a debt for our children to pay, but an inheritance for them to keep.
Mishle (Proverbs) 13:22
22 A good man leaves an inheritance to his children's children….
If we spend more than we bring in, we develop what is called a ‘budget deficit.’ Somehow we must borrow the difference, and that difference is now our ‘debt’, which we have to pay interest on. If next month we don't have enough revenue to cover our spending then we have yet another deficit, and so we must borrow even more money; and yet we still have to pay the interest on our loan from before. If each month we have a new deficit, we keep on borrowing, and our debt continues to grow. Soon the interest on our loan becomes so great that it takes all the money we have just to pay the interest, and we don't have any money for anything else. This situation is called ‘bankruptcy’, and it is the logical consequence of using fiat money.
"When the people find they can vote themselves money, that will herald the end of the republic."
—Benjamin Franklin
If fiat money is bad enough to bring down the republic, the United States has adopted something far worse. The United States has adopted what is called ‘debt money.’ The Devil hides in these details twice over.
With fiat money, the government creates money that is backed by no real assets. In effect, the government says, “Let there be cash”; and then the government prints cash; and the government says, “It is good.”
However, with debt money, the government does a thing that makes no sense. Instead of printing its own fiat money, the government approaches a private group of bankers and says, “Please loan us cash at interest.” Then these bankers create fiat money. They say “Let there be cash”; and there is cash. Then these private bankers loan this cash to the Federal Government at a rate of interest called the ‘Prime Rate.’
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
—Thomas Jefferson
As delusional as the idea of embracing debt money sounds, early in the 1900’s, U.S. representatives met in private with the major banking families of Europe and America in order to found a private banking cartel that was to establish a debt-money system for the United States, and then loan this newly created debt money to the United States Government, at the ‘Prime Rate’ of interest. The United States Federal Reserve was born.
“This Act (the Federal Reserve Act, December 23rd 1913) establishes the most gigantic trust on earth. When the President (Woodrow Wilson) signs the Bill, the invisible government of the Monetary Power will be legalised... The worst legislative crime of the ages is perpetrated by this banking and currency bill.” —Charles Lindbergh Sr.
The Federal Reserve Board was established in 1913. At the time of this writing (in 2010 CE), Americans have been charged perhaps four percent (4%) interest per year just for using Federal Reserve dollars instead of issuing their own currency; and this has been going on for the past ninety seven (97) years. While there are many more factors to take into account, if we simplify the equation, we should be able to see that if one starts with (V) value of a dollar in 1913, devaluated at 4% interest per year for some 97 years, then the final value (FV) of the dollar in 2010 is just over two percent of its original worth in 1913; or just under two cents left.
FV = V x [(1 – 4%) (97-1)]
= 1 x [(.96) 96] = .01986
= less than two cents on the original 1913 dollar.
Since inflation does not exist apart from fiat money, the Federal Reserve Board has transferred perhaps 98% of the American people’s wealth to the private banking families over the past 97 years. Could this be the reason why the banking class keeps on getting richer, while everyone else keeps on getting poorer?
"The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money"
—Charles A. Lindbergh Sr., 1923
Many commentators point out that although secular social models such as socialism and communism have attractive features, they are inherently hostile to Judeo-Christian beliefs and principles. This is because what secular social models do, in essence, is to offer a counterfeit system by which citizens can depend on the state for all of their needs, without having to depend upon (or obey) YHWH. In essence, they serve as an attractive deception. Commentators also point out that such secular statists usually try to achieve their goals by declaring a state of emergency and then pass the necessary legislation. Scripture calls this ‘devising evil by law.’
Tehillim (Psalms) 94:20
20 Shall the throne of iniquity, which devises evil by law, have fellowship with You?
The Federal Reserve Act was passed two days before Christmas as an ‘emergency measure’, supposedly necessary to avert an impending ‘national emergency’.
“Every collectivist revolution rides in on a Trojan horse of ‘emergency’.”
—Herbert Hoover
Whether these actions stem from conscious evil intent, or whether they stem merely from Ephraim’s spirit of rebellion against YHWH’s Instructions, this same sort of ‘national emergency’ was declared in 1933, when U.S. President Franklin D. Roosevelt illegalized private circulation of gold coin, and all gold proxies.
I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section to do hereby prohibit the hoarding gold coin, gold bullion, and gold certificates within the continental United States by individuals….
We might also note that the Economic Stimulus Act of 2009 was similarly touted as an ‘emergency measure’, supposedly designed to avert a ‘national catastrophe’; yet this ‘social spending’ bill will more than quadruple the national debt, greatly exacerbating the problem.
Ironically, one of the most eloquent arguments against illegalization of gold currency in favor of debt money was made by former Federal Reserve Board Chairman Alan Greenspan in the early days of his career, before he turned and joined the Federal Reserve Board.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. .... The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.
— Alan Greenspan
The ‘debt money’ the socialists and the banking elites have devised by law is precisely the “Short Measure that is an Abomination” decried by the prophet Malachi. It is an unjust weight and an unjust measure that steals from the innocent, and gives to those full of violence.
Micah 6:8-13
8 He has shown you, O man, what is good; But what does YHWH require of you But to do justly, to love mercy, and to walk humbly with your Elohim?
9 YHWH’s voice cries to the city — “Wisdom shall see Your name: Hear the rod! Who has appointed it?
10 Are there yet the treasures of wickedness in the house of the wicked, and the short measure that is an abomination?
11 Shall I count pure those with the wicked scales, and with the bag of deceitful weights?
12 For her rich men are full of violence, her inhabitants have spoken lies, and their tongue is deceitful in their mouth.
13 "Therefore I will also make you sick by striking you, by making you desolate because of your sins.
Can we hear the rod now? The debt money foisted off on us by the bankers has gutted the once strong dollar, and has given the United States debt obligations of over $65,500,000,000,000.00 dollars, more than the gross domestic product of the world. It has bled the poor, and has made us all stricken and sick; and all to benefit of a banking class that got rich by charging interest YHWH’s Torah says is unlawful to start with.
Devarim (Deuteronomy) 23:19-20
19 "You shall not charge interest to your brother — interest on money or food or anything that is lent out at interest.
20 To a foreigner you may charge interest, but to your brother you shall not charge interest, that YHWH your Elohim may bless you in all to which you set your hand in the land which you are entering to possess.”
Our dollar has lost some 98% of its value over the last century. Because our fathers have not sought YHWH’s face, nor been meticulous with money, debt money is the curse that has come upon us.
Devarim (Deuteronomy) 28:9-14
9 "YHWH will establish you as a people set apart to Himself, just as He has sworn to you, if you keep the commandments of YHWH your Elohim and walk in His ways.
10 Then all peoples of the earth shall see that you are called by the name of YHWH, and they shall be afraid of you.
11 And YHWH will grant you plenty of goods, in the fruit of your body, in the increase of your livestock, and in the produce of your ground, in the land of which YHWH swore to your fathers to give you.
12 YHWH will open to you His good treasure, the heavens, to give the rain to your land in its season, and to bless all the work of your hand. You shall lend to many nations, but you shall not borrow.
13 And YHWH will make you the head and not the tail; you shall be above only, and not be beneath, if you heed the commandments of YHWH your Elohim, which I command you today, and are careful to observe them.
14 So you shall not turn aside from any of the words which I command you this day, to the right or the left, to go after other elohim to serve them.”
Verse 13 tells us that when we obey Torah, we will lend to many nations, and shall not borrow. Yet because we have disobeyed Torah, now we are borrowing not only from the Bilderbergers and the Federal Reserve, but also from the enemies of the faith, such as secular socialist China. What does it bode for the future of America’s national security that we are quadrupling our national debt? The debtor is the servant to the lender.
Mishle (Proverbs) 22:7
7 The rich rules over the poor, and the borrower is servant to the lender.
At the time of this writing, America’s leadership is still working to establish a socialist government in America. They will undoubtedly succeed, for it is not YHWH’s will that His people continue to live out in the Dispersion. Rather, explained in
The Post-Millennial Return, YHWH wants life in the Dispersion to continue to deteriorate, so that His people will be eager to return back to the Land of Israel when He finally opens the door.
Haggai 1:5-7
5 Now therefore, thus says YHWH of hosts: "Consider your ways!
6 "You have sown much, and bring in little; You eat, but do not have enough;
You drink, but you are not filled with drink; You clothe yourselves, but no one is warm; and he who earns wages,
earns wages to put into a bag with holes."
7 Thus says YHWH of hosts: "Consider your ways!”
While a severe ‘tightening up’ process is about to come upon our nation, the politicians and the privateering bankers who brought us debt money will eventually also suffer. In the end, those who have dealt selfishly with YHWH’s people will pay, for YHWH is an Elohim of justice. YHWH will punish all those who have instituted “the short measure that is an abomination,” as well as those who have built beautiful houses for themselves by using their neighbor’s monetary currencies “without wages, without giving (them) anything.”
Yirmeyahu (Jeremiah) 22:13-17
13 "Woe to him who builds his house by unrighteousness and his chambers by injustice, who uses his neighbor's service without wages and gives him nothing for his work,
14 Who says, 'I will build myself a wide house with spacious chambers, and cut out windows for it, paneling it with cedar and painting it with vermilion.'
15 "Shall you reign because you enclose yourself in cedar? Did not your father eat and drink, and do justice and righteousness? Then it was well with him.
16 He judged the cause of the poor and needy; then it was well. Was not this knowing Me?" says YHWH.
17 "Yet your eyes and your heart are for nothing but your covetousness, for shedding innocent blood, and practicing oppression and violence."
As those who act selfishly will learn, YHWH is not slack concerning His promises, as some count slackness.
While most Americans are still in denial about the coming economic judgment, Elohim will not be mocked. Because we have strayed from the righteous money He told us to keep, this country’s outstanding debts are more than our nation can ever possibly pay. And by quadrupling our national debt over the next ten years, we are rushing towards national insolvency.
What happens when the world’s largest economy goes into default? And when it defaults, who has enough money to step in and help us to pick up the pieces? Won’t he want control over us in return?
The good news is that despite all of our harlotry, and all of our wickedness, YHWH still loves us with an everlasting love. If we will only turn back to Him, He will turn back to us, and take us back in.
Yirmeyahu (Jeremiah) 3:1
1 "They say, 'If a man divorces his wife, and she goes from him and becomes another man's, may he return to her again?' Would not that land be greatly polluted? And you have played the harlot with many lovers; yet return to Me," says YHWH.
YHWH is ever merciful, and forgiving. When He finally brings us back to His Land, let us be sure to keep all of His Instructions, and establish His gold standard as our standard. And let us make sure that the statutes of Omri are no longer kept, and the evil works of Ahab’s house are no longer done in His land.