My friend Julie mentioned to me last night an idea that she came up with for solving the current global financial crisis.
Jubilee.
That's right, follow in the ritual footsteps of ancient Israel and forgive everybody's debt. Maybe just mortgage debt. Maybe all the debt. Either way.
It's probably a really foolish thing to do. But then again, so is basing the strength of your currency entirely on debt.
Subscribe to:
Post Comments (Atom)
6 comments:
What if we changed our currency to the muffin standard?
I'm not exactly sure what the muffin standard is, but it sounds beautiful. I like the idea of the rich sharing their wealth just because it will go stale before they can eat it.
I have NO IDEA what you're talking about, but if you ever have a kid and it's a girl, you should name her Jubilee!!!
so, is this the year of Jubilee, or has the high priest died, and are you letting all the murderers and slaves go?
Here's the great irony of the idea. The people who have the greatest ability of enacting a year of Jubilee are the ones who have the greatest reluctance. The people who have the least reluctance also have the least ability.
Put in simpler terms, those who have people indebted to them don't like forgiving that.
Your comment is true about those who gain the most by not canceling the debt are unwilling to celebrate the year of Jubilee or the every 7th year of forgiveness of debt.
But I am thinking if we are going to use one part of the Jewish laws, we will need to fulfill all the parts. We cannot just pick and choose the ones we like (like canceling everyone's debt).
Post a Comment