R. C. Sproul on inflation:
God instituted in the nation of Israel a law against the debasing of currency. In the ancient world, where gold and silver were used as a medium of exchange, sometimes unscrupulous people would “clip" a coin; they would clip off a tiny piece of gold from a gold coin and keep it for themselves. The result was that a coin of a certain face value, say, one hundred dollars, no longer contained one hundred dollars’ worth of gold. This was seen by God as a serious sin because it defrauded people in the enterprise of exchanging goods and services. So the biblical law against the debasement of currency is extremely clear and strong.
#inflation #christianity #bible
From "What should I think about money" by R. C. Sproul
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2024-04-29 19:24:49
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2024-04-29 19:24:49Event JSON
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"content": "R. C. Sproul on inflation:\n\nGod instituted in the nation of Israel a law against the debasing of currency. In the ancient world, where gold and silver were used as a medium of exchange, sometimes unscrupulous people would “clip\" a coin; they would clip off a tiny piece of gold from a gold coin and keep it for themselves. The result was that a coin of a certain face value, say, one hundred dollars, no longer contained one hundred dollars’ worth of gold. This was seen by God as a serious sin because it defrauded people in the enterprise of exchanging goods and services. So the biblical law against the debasement of currency is extremely clear and strong.\n\n#inflation #christianity #bible\n\nFrom \"What should I think about money\" by R. C. Sproul",
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