THE STORY OF MONEY
Thomas Jefferson once said, “If
the American people allow the bankers to control the issue of money, first by
inflation and then by deflation, the bankers and corporations will deprive the
people of their property until their children will wake up homeless on the
continent their fathers conquered.”
We live in the richest nation on
earth and always seem to run out of money. Women are working just to help make
ends meet, men are working overtime and part time and children are working
little jobs to help out. Still, our debt climbs higher and psychologists say
that many divorces are the product of the lack of money.
Let’s look at money and its
creation. Money is very inexpensive to make and the people who create the money
will make a tremendous profit. Consider this: grocers make 2% to 5% profit, car
makers sell their cars for only a 1% to 2% profit above manufacturers cost and
that is considered good business practices; however, money manufacturers have
no limit on their profits. It costs the same to make a $1 bill as it does to
make a $10,000 bill. Let’s look at this love of money which the Bible calls the
“root of all evil.”
First of all, we need an adequate
supply of money to be able to function in our civilized society. Without money,
industry would stop, food would disappear, jobs would not be created, farms
would cease to exist, government would cease to exist and we would have a
system of anarchy in place; civilized human beings would become violent just to
survive. If we remove money or reduce the adequate supply of money, we have the
Great Depression of the 1930s.
Consider the Great Depression of
the 1930s. America
possessed fertile farm land, skilled workers, industrial capacity, road
networks, communication devices, railroad systems, waterways and an efficient
government structure. Why was there a depression and who was responsible? Remember what Thomas Jefferson said about
giving the money control to the bankers? Well, because of the lack of money in
circulation we experienced the worst financial crisis in American history. Why
are we talking about this, you ask? Because I want the body of Christ to fully
understand how money works in America.
The bankers just stopped lending money to industry, farmers and retailers.
However, payments on previous loans had to be made as money disappeared from
circulation. Her lies the fatality of it all; the bankers then foreclosed on
stores, farms and industries and the people were told that times were hard and
there was no money. The people were robbed of their possessions and livelihood.
Then after the end of World War
II, the same bankers who had no money to lend in the 1930s had billions of
dollars to lend in the 1940s – go figure. The nation did not have food for sale
in 1934 but could now finance bombs, planes, uniforms and ships to finance the
war. How ironic is that? No money in peacetime but billions of dollars in
wartime.