Final Test Flashcards
What are two principles of a God-Fearing social order
Personal responsibility for one’s actions
Service as the principle of dominion
What does the Bible teach in regards to social order and the Economy?
Compound growth over long periods of time.
How often would the Israelites release their debt?
Every 7 years.
Why does God want us to be free from debt?
To be free for service in any way.
How do western banks list their bonds?
What they originally paid for them.
What do third world debtors pay?
Interest every quarter.
What are said to be the most secure debt instruments?
Treasury debt certificates.
What do people in debt want?
Inflation
What would a third world country default mean?
Destroying the economy.