Money gets "conjured into existence" as this first video describes modern banking from its origins in money-lending. All five episodes combined are worthy of the hour or so they need to be seen. If you don’t learn what’s going on with our money, you will likely be victimized.
Money vs. God The Bible does explain love of God as diametrically opposite of the love of money. But Jesus discusses money at least 400 times in the New Testament, so money is a primary issue. We need to use money, save money, and avoid usury—the charging of interest. The latter would defeat the entire modern money system. However, charging interest on gold—which is an alternative to the modern fiat system we have—would be wrong. Gold and more environmentally friendly silver are stores of value.
Now as for distinguishing wealth vs. income, people need to read the book Millionaire Next Door. A little dated, the book builds a profile between high income earners and wealth accumulation—the two aren’t the same but are in fact opposites. Distinguishing between the need to make income and build wealth is vital in escaping the rat race. So is frugality, the opposite of high consumption behavior exercised by most high wage earners.
Don’t let the elite’s system defeat you! The ultra-rich play by different rules, but money has objective realities we need to master in order to live in this world. Now if you join a Buddhist monastery, then you can avoid money issues, otherwise you will need to know how to use, and not over-consume and get caught in a debt trap. Good luck.
Bankruptcy is an explicit right—it was put in as an alternative to debt servitude which the British enforced. Your credit will be shot, but it might be the only way to get a new chance if things are bad.
I strongly recommend the 5-part video animation series talking about how money works, Money as Debt ( www.moneyasdebt.net ), narrated by Bob Bossin.
All Five are very good explanations and not too hard to understand. Part One is here:
– http://www.youtube.com/watch?v=cy-f...
Money gets "conjured into existence" as this first video describes modern banking from its origins in money-lending. All five episodes combined are worthy of the hour or so they need to be seen. If you don’t learn what’s going on with our money, you will likely be victimized.
Money vs. God
The Bible does explain love of God as diametrically opposite of the love of money. But Jesus discusses money at least 400 times in the New Testament, so money is a primary issue. We need to use money, save money, and avoid usury—the charging of interest. The latter would defeat the entire modern money system. However, charging interest on gold—which is an alternative to the modern fiat system we have—would be wrong. Gold and more environmentally friendly silver are stores of value.
Now as for distinguishing wealth vs. income, people need to read the book Millionaire Next Door. A little dated, the book builds a profile between high income earners and wealth accumulation—the two aren’t the same but are in fact opposites. Distinguishing between the need to make income and build wealth is vital in escaping the rat race. So is frugality, the opposite of high consumption behavior exercised by most high wage earners.
Don’t let the elite’s system defeat you! The ultra-rich play by different rules, but money has objective realities we need to master in order to live in this world. Now if you join a Buddhist monastery, then you can avoid money issues, otherwise you will need to know how to use, and not over-consume and get caught in a debt trap. Good luck.
Bankruptcy is an explicit right—it was put in as an alternative to debt servitude which the British enforced. Your credit will be shot, but it might be the only way to get a new chance if things are bad.