Money Changers, Part 1

Why did Jesus throw the moneychangers out of the Temple (Matt 21:12, Luke 11:15)? Do the words "cheat," "dishonest" or "crook" sound familiar? According to Charles Ryrie, they converted ordinary coinage that was to be used as an offering to ancient Hebrew or Tyrian shekels, which were of standard weight and without blemish. Of course, they also exchanged coins for sacrificial animals. To their gain, they used unjust weights and balances as prohibited in Lev 19:36.

Has our modern society rid itself of such ungodly tactics? Borrowing, aka credit, has been a part of society since biblical times. How do you separate the "just' use of credit from the "unjust?" Is it possible? Well, you be the judge? One truism of credit is that one in need borrows from those that have. This is what we are told and led to believe in any credit transaction whether it be for home, car, boat or credit card…we borrow other people's money.

Let's take a look at some of the banking regulations provided by the Federal Reserve Bank of Chicago, Modern Money Mechanics, page 6: "Of course, they [banks] do not really pay out loans from the money they receive as deposits…What they do when they [banks] make loans is to accept promissory notes in exchange for credits to the borrower's transaction accounts." This will be interpreted in English next time. Stay tuned and be prepared; this may change your perception of stewardship for all eternity.

Gary Ellis, MBA, CFP
Association Stewardship Director