The Narrow Path Ministries

Suzana,

Thanks for the fun post - about 4 years ago we would certainly have had a deal, but Steve's lectures brought me out of dispensalism too!

Pete

We generally accept the green and white pieces of paper because they are backed by faith in the US government ... The green and white piece of paper in Suzana's hand is essentially a claim on the US gov't. I don't understand this point yet. Namely, I would agree that there were valid claims the gov...

In addition to Von Mises and Hayek, I would also recommend a reading of Milton Friedman's book Free to Choose. I watched his video series "free to choose" from - i think it was - http://ideachannel.tv. I liked what he had to say. I'll keep this book in my for my reading list. Specifically, Peter, y...

Malachy, Thanks for the references. Shortly after I made my last post here, my home computer stopped working - so I haven't communicated on the forum since. Hopefully I'll be able to find a replacement in the next couple weeks. I've been working on reading Murray Rothbard's "The mystery of banking"....

Darin,

I haven't had a chance to read the articles yet, it will probably be Thursday before I can do so and reply. Thanks in advance for sharing the links.

Peter

Theophilus, The ability to loan money from depositors or the Fed that is not held on reserve is still a contractual obligation of the bank and represents a business interest or endeavor of the bank. No stealing here. I don't think I have successfully conveyed the reason I believe that the banks are ...

Theophilus,

Thanks for you reply - no offense taken. I hope I did not come across as offensive or offended. It's half past midnight here, and I've got a busy weekend ahead of me. I'll try to write back to your post by Sunday night.

God Bless,
Peter

Darin, Thanks for the video reference. I just finished watching it earlier this evening. The producers of the video certainly hold a similar view of the Fed to the one I expressed above. I would like to share the following website of the Ludwig Von Mises Institute which I only discovered about one o...

Paidion If no one borrows, then there is insufficient money in the country. The country may be rich in goods, and services, but there is insufficient money to buy them. That is exactly what happened during the Great Depression of the 1930s. Thanks for replying Paidion. I haven't studied the great de...

Theophilus I think if we spend more time worrying about our accounts than worrying about bearing fruit (love, righteousness, faithfulness) for the Kingdom, then we probably have crossed the line. I agree that worry is a sin, and Christians should not worry. I also agree that bearing fruit for the ki...