No, of course not. Your money, my money, everyone’s money is nothing but a paper house of cards that will one day, by the lightest of zephyrs, come crashing down. How far that day is is anyone’s guess. Our money is backed by nothing. The recent hubbub over failing banks, the FDIC and the Federal Reserve has not and cannot change the fundamental nature of reality, nor the human heart.
When the Psalmist warns us not to put our trust in princes (Psalm 146) we mustn’t think ourselves immune from the problem because we have no princes. We may not have princes but we have the same propensity. When a pandemic comes, when the ground beneath the real estate market begins to tremble, when swords in eastern Europe rattle and gas prices spike, when bank stocks crater, we look to Washington to do something. We not only turn to the people who have no power to cure the problem, but to the very people that created the problem. We are fools, the blind being led by the blind who blinded us.
The last mass bank run happened early in the Great Depression. The federal government declared a bank holiday, closing the banks for a week. Supposedly this would allow cooler heads to return. The truth is that during that time the feds inventoried all privately held stores of gold. Then, they seized it all. Those who think exchanging Federal Reserve notes for gold will protect them from federal tomfoolery ought to remember that.
Banks are teetering because of mass government inflation brought on by government programs designed to alleviate the financial pain brought on by government mandated lockdowns brought on by a pandemic brought by government financed research. They are the ones in the black hats.
The One in the white hat taught us two vital things that are most needful in uncertain economic times. First, we are to ask our Father in heaven for our daily bread. We are to ask this daily, to acknowledge Him as the Lord of the Feast. He hasn’t promised us, on this side of the veil, great earthly riches. He has instead promised to be with us, commanding us not to worry about what we will eat or what we will wear. When we forget to ask we forget to give thanks, and forget Whom we are called to thank. When we think our tables are full because of our hard work, or the generous provision of the state, we show that we worship the creature rather than the Creator.
Second, He calls us to store up treasures in heaven, where they are immune from rust, moth, thieves or legal plunder. No, our money isn’t safe. But we are. Not because we are citizens of this nation, but because we are the children of the king above all kings. The One who has provided for us all our days will continue to do so all our days, until He calls us to feast with Him, face to face, to walk streets of gold. Our treasure is safe, because we are His treasure.