Libation # 214
Noah Webster
1758-1843 
The True Gold Standard  
 
"If [our] government fails to secure public prosperity and happiness, it must be because the citizens neglect the Divine Commands, and elect bad men to make and administer the Laws."
________________________ 
In work entitled, Letters to a Young Gentleman.  
 
The concept of money is a simple one that is cloaked in complexities to protect the few who manipulate the system to enrich themselves at the expense of the many. The central banks create money from nothing, with simple entries in a ledger, and charge interest to the taxpayers. Without a commodity based standard, such as gold and silver, there is no limit to the amount of money that can be created. The value of this fiat money (money created by decree) is based solely on the confidence that people have in it.  Inflation chips away at that confidence until the system eventually collapses. If the general population saw the bold way in which they are being abused, revolution would immediately ensue.

But the manipulation of the money supply by bad men for personal gain at the expense of others can and has happened throughout history, whether the currency is based on a gold standard or not. Jesus counsels us to invest in a different kind of gold.

I counsel you to buy from Me gold refined in the fire, that you may be rich; and white garments, that you may be clothed, that the shame of your nakedness may not be revealed; and anoint your eyes with eye salve, that you may see. -Revelation 3:18 (NKJV)

In the Bible, gold has always represented the character and nature of God. Good character is the currency of the true gold standard. This brings us back to Webster's statement. We will only have sustained liberty and public prosperity if we elect men of godly character to make and administer our laws.
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Out of respect for your time, Libations For  Liberty is an offering of information presented in short, easy-to-read portions. It is my hope that you will not feel imposed upon, but will look forward to these periodic morsels of information that will help nurture your passion for freedom.
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