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Honest Money: Biblical Principles of Money and Banking

8 customer reviews
ISBN-13: 978-0930462154
ISBN-10: 0930462157
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Editorial Reviews

We are now facing a monetary crisis of astronomical proportions. Government debt is skyrocketing. Currencies are collapsing. Banks are going broke. Businesses are folding. Families are struggling. We've been stranded, sitting on top of a mountain of IOU' that will never be paid off. Most professional economists don't know what to do. Neither do most professional theologians. They don't have answers. But the Bible does. In this book, Dr. Gary North outlines specifically what those answers are. He demonstrates beyond any shadow of a doubt that there is hope. If we act quickly, wisely and scripturally, we can save our nation-indeed, Western Civilization-from the most disastrous economic catastrophe in history. The Bible tells us what to do, when, where, how, and why. It offers a "blueprint" for financial victory. Honest Money lays out that "blueprint" simply, practically, and understandably. It shows us how we can "move mountains."

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Product Details

  • Paperback: 160 pages
  • Publisher: Christian Liberty Press (August 1, 1986)
  • Language: English
  • ISBN-10: 0930462157
  • ISBN-13: 978-0930462154
  • Product Dimensions: 8.3 x 5.4 x 0.5 inches
  • Shipping Weight: 3.2 ounces
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Best Sellers Rank: #1,268,545 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

Format: Paperback
This is another book from Dr. Gary North that was written in the 1980s. _Honest Money_ belongs to the Biblical Blueprint Series. In this series the basic premise is that there are to be two principal people in every area of life: the architect and the builder. The architect who draws up the blueprints is God (the blueprints being the ethical principles he has set down in Scripture). The builder who constructs according to the blueprint is man. The roles are not to be reversed.

Although written over 20 years ago, North's book is remarkably relevant. As then, so now. All countries of the world are in financial peril. North wrote his book to ask a question, "What violations of the principles of the Bible did the West commit that led us into this [financial] mess?" (p. 5)

_Honest Money_ presents a good introduction to the history and nature of money. Money is the most marketable commodity in an economy. There are many ways in which the purchasing power of this commodity is deceptively debased, which leads to all kinds of financial mischief. North explains several ways including monetary inflation (increase of the money supply), which is a ready tool used both by governments and banks.

The following sums up North's view of money as extrapolated from his understanding of biblical principles:

***

1. Standard weights and measures, with penalties imposed by the civil government against those who tamper with the scales.

2. A prohibition on all forms of multiple indebtedness by banks, meaning fractional reserve banking.
Competitive entry into the silversmith, goldsmith, or any other smith business.

3. No one is to be compelled by law to accept any form of money.
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10 of 11 people found the following review helpful By Max Turbo on June 26, 2010
Format: Paperback Verified Purchase
Even though this book was originally published in 1986 it still holds facts that are relevant today. Honest weights and measures were important to the Lord back than and therefore should be important today if society is to retain an ethical standard for it's monetary system. Paper money is not honest money without the gold and silver standard to back it.
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4 of 4 people found the following review helpful By William Dwayne DelGrande on December 3, 2010
Format: Paperback Verified Purchase
This books presents key economic concepts in a concise and easily-understood style. A good addition to the home library that provides an understanding of classic economic concepts in view of Biblical teachings.

Dr. North allows you read it for free here:

[...]
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2 of 2 people found the following review helpful By D. T. Kleven on December 22, 2012
Format: Paperback
What is money? paper bills? coins? numbers in your bank account? Gary North takes us all the way back to the basics, defining what "money" is, and then lays out a framework for an honest exchange system. This is in stark contrast to the system that we actually have in place today. He explains inflation, government involvement in the money supply, banking, and our current system, "fractional reserve" banking, in simple terms that are easy to grasp and understand. All throughout the book, his points are argued from the Bible, or from Biblical principles. I recommend this book as a short, simple, but thought provoking book on money and the economy.
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