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Biblical Capitalism

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Published : January 31st, 2012
493 words - Reading time : 1 - 1 minutes
( 4 votes, 3/5 ) , 3 commentaries
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FOLLOW : Freedom, Paper Money

 

 

 

 

I've been increasingly dissatisfied with the term "capitalism".  It seems to suggest that capital is more important than people, and in a sense, under our current form of capitalism, it is.  But people should have more rights than money itself.  And people are more important than monetary growth.  The problem with monetary growth, purely for the sake of growth, is that monetary growth is inherently limited by the natural upper limits on growth, which are probably not much more than about 2.5% per year.  After all, if you could grow faster than that rate, you could grow an ounce of gold into all the gold in the world over 6000 years, which would completely negate the usefulness of money if one person had it all.  Money is useful only if it is distributed or capable of being distributed among the people in ways that enable and facilitate commerce.

By the phrase "people should have more rights than money", I mean to say that people's rights to property are far more important than a banker's right to collect usury at rates of 6% from the nations of the world through money lending, which can only result in the destruction of property rights and the enslavement of the people of the world, which is contrary to property rights, contrary to freedom, and contrary to what capitalism should be.  To find a balance in this area, I have turned to the study of what the Bible has to say about money, and usury.   Some of my best essays on these topics can be found here, at this link of essays on the topic of "Biblical Capitalism":

http://silverstockreport.com/book.html

These days, a consensus seems to be developing among many of the key analysts that have been accurately understanding and predicting why silver and gold will move up in price. 

The consensus is that gold and silver prices, having been limited in recent months, are ready to explode or move upwards again.  It always moves in cycles, and the next big cycle movement is probably up.

In fact, silver has been moving up strongly over the last three days, and this could be the start of another run that could take silver to well beyond $50/oz. to perhaps $75/oz. this next time over the next 6 months to a year.

The biggest reason why I think silver and gold will continue to move up in price for over the next decade is that the nations of the world are printing money at rates of about 15% to 20% per year.  These rates are unsustainable, and will result in a collapse of the values of paper money, which can only mean exponentially higher rates of growth in the values of silver and gold which will probably continue to go up at rates of about 30-50% per year, or even faster.

Now is a great time to buy silver and gold.  We through the JH MINT,
www.jhmint.com can handle your orders.


 

 

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Jason Hommel of silverstockreport.com has written over 100 articles on why people should buy gold, and especially silver bullion and silver stocks. His free silver stock report covers more companies than any other. Jason received a B.A. in Psychology from the University of Colorado at Boulder. An adept biblical scholar, he has also written 100's of articles on theology. Aged 34, he lives in Penn Valley, CA. In response to requests for stock tips, Jason, while not giving out investment advice, offers a "look at his portfolio", which shows his top investments by rank, updated monthly.
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Latest comment posted for this article
Hari Rama Hari Krishna. The last Hare Krishna person I saw and had a chat with was in Bangalore 1974. He was a lost soul from Canada and he was endeavouring to give people Back to Godhead magazines, with alas no takers,at least while I was watching and t  Read more
S W. - 2/3/2012 at 7:06 AM GMT
Rating :  3  0
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Hari Rama Hari Krishna.
The last Hare Krishna person I saw and had a chat with was in Bangalore 1974. He was a lost soul from Canada and he was endeavouring to give people Back to Godhead magazines, with alas no takers,at least while I was watching and talking. I travelled all over India for 18 months and he was the only HK I ever saw there.
I saw a lot of very sick Westerners there looking for something, just as I see a lot of confused westerners and others looking for something in a church or a Bible or a Koran or hotel whatever.
I hope they find peace and solace.
I believe the teachings of Jesus are wonderful and the world would be infinitely a better place if we all lived by them.
However i will not be reading any of JH'S "best essays" on biblical capitalism because if they are anything like the confusion shown in his first two paragraphs above it would be a real waste of time.
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Hare Krishna. Mr. Hommel has expressed vital "contrarian" philosophy to the market norms; people have more rights to life than others have a right to take everything for themsleves without consideration of others. He is absolutely correct on this and I back him up 100%. In Vedic culture, anyone making excessive profits was subject to beheading by the King. Nowadays, the "King" robs the people to overfill his coffers without consideration of the sufferings of others, then says, "well if they're so stupid, they deserved it, etc" ; it is the opposite of a Krsna or God-conscious economics.
People have a right to property if they own it.

If they have to borrow money to help buy it, then they can hardly complain about so called usury at 6% or any percent for that matter.

If interest rate is a concern simply buy a property you can afford.
One does not need a Bible to understand something so obvious.

As for the rest of this article it is just an Advert for JH MINT.
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