What the world needs now in addition to love is wisdom.
Wednesday, September 21, 2016
King Solomon, Rare Wealth, Fair Trade, Post Fourteen (Re-Post)
What would you agree to trade the riches (rare wealth) of our nation for?
In my previous post I stated I will explore what I consider to be another tragedy of choices Americans are making in our lives by consuming, squandering, and trading away another aspect of our Rare Wealth.
Keep a close eye on your sheep pay careful attention to your flocks; for wealth does not last forever, riches are not inexhaustible. (Proverb 27: 23,24)
Flocks and herds are a basic stable form of wealth and one which is self-perpetuating. Money quickly made in trade and commerce is dissipated with equal rapidity, whereas flock and herds establish a tradition of wealth in a family, a kind of wealth which is consolidated by each succeeding generation and faithfully conveyed to the next. (Proverbs Mc Kane)
The rich rules over the poor, And the borrower becomes the lender’s slave (Proverb 22:7)
If you have contracted a debt to some individual or institution, you have placed yourself in slavery to them.
What is My Point?
In ancient times, goats and sheep grazed on land and were valued because they were considered to be a self-perpetuating form of wealth for parents who would in time pass on the asset to succeeding generations.
The wise advice was to keep watch and take care of your assets that you profit from so your posterity may continue to profit in their future. Those who lose their self- perpetuating assets will have nothing to sustain themselves if what they traded their rare wealth asset for something to be consumed or squandered.
One way to foolishly lose an asset is trade it away for something else of lesser comparable future value. Another way is to foolishly go into debt and lose your control of your once self-sustaining future profitable assets.
In ancient times a debtor unable to pay back his debt and became a slave worker to the loaner until he paid bake his debt. In our modern world the owner of a profitable asset continues to profit and hires workers who consider their wages to be “slave wages.”
In My Next Post
I will explore what the US nations assets are being exchanged for. You can decide whether or not the items being traded will increase in value or be a similar foolish bad deal in time as was wampum for Manhattan Island trade I compared in my previous post.