• Reference: Deuteronomy 25:15

    Gold is mentioned over 400 times in the Bible.

    Silver is mentioned over 300 times in the Bible.

    There was no paper money in Biblical times...

    Paper money has no inherent value unless it is backed by something.

    We back the American Dollar with OPEC oil.

    Prior to Bretton Woods it was backed by Gold.

    Inflation in Bible Times was not usually a problem since the value of money was in the money itself or it's metallic content in gold and silver.

    Devaluation was a problem in Rome's later years as an empire because they started putting less and less silver in their Denarius.

    If you wish to learn more FACTS!!! Then read the Bible.

    The Austrian School of Economics believes the Bible when it comes to precious metal money like gold and silver:


  • Only if you want to see how Jesus reacted to the greed of the bankers and moneylenders

    The bible has no value to economic theory. It reflects no nuanced economic models, it does not address logistics or labor.

    The bible does not address Rome's history.

    It does not offer perspective on production methodology.

    It does not provide insight into the creation of a business model.

    It offers no regional economic perspective.

    It offers no scale of value for currency, goods or services.

    The bible contains few "facts" and many myths. It certainly contains no economic theory.

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yetifivepecks says2014-06-12T04:14:28.837
Somewhat...The Bible, similar to many other religious and philosophical texts, have relevant messages that philosophically address many subjects, including economics.
Diqiucun_Cunmin says2014-06-12T04:52:30.397
There was a clause against land rent, sales tax and tariffs in the Mencius, too...