Honest Money

by Gary North

Are you tired of the economic instability and financial crises that seem to plague our modern world? Do you want to understand the principles of honest money and how they can be applied to modern banking practices? If so, then “Honest Money: Biblical Principles of Money and Banking” by Gary North is the book for you.

This book provides a comprehensive discussion of the principles of honest money and how they can be applied to modern banking practices. The author argues that the Bible provides a blueprint for honest money, which involves standard weights and measures, a prohibition on fractional reserve banking, competitive entry into the banking business, and no legal tender laws. By implementing these principles, we can avoid the economic collapse of the West and create a more stable and prosperous society.

The book is well-researched and provides a detailed analysis of the history of money and banking. It discusses the history of fractional reserve banking and how it has led to economic instability. It also discusses the history of legal tender laws and how they have been used to force people to accept debased money. By understanding the history of money and banking, we can better understand the principles of honest money and how they can be applied to modern banking practices.

The author also discusses how to implement the principles of honest money in modern banking practices. He argues that it will require a significant social cost to implement these principles, but it is necessary to avoid economic collapse. He suggests that Christians should be prepared to follow Jesus’ warning about counting the costs. He also discusses the role of the civil government in enforcing God’s law and how it can be used to promote honest money.

Overall, this book is a must-read for anyone interested in economics, finance, or biblical principles. It provides a comprehensive discussion of the principles of honest money and how they can be applied to modern banking practices. By understanding these principles, we can create a more stable and prosperous society. So, if you want to understand the principles of honest money and how they can be applied to modern banking practices, then “Honest Money: Biblical Principles of Money and Banking” by Gary North is the book for you.

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