Category: topics

Discussion: How could God use an alternative form of banking to help solve systemic poverty?

Problem: Today, banks are required by regulation, charter and profit motive to risk-adjust (extreme interest and fees) or deny lending to those who may be the most in need of help.

God said through Moses in Deuteronomy 15:7-8 “If there is a poor man among your brothers in any of the towns of the land that the LORD your God is giving you, do not be hardhearted or tightfisted toward your poor brother. Rather be openhanded and freely lend him whatever he needs.”

Solution: How might God desire to dissolve systemic poverty in the context of Christian community through an alternative banking structure? We exchange ideas along these lines. Benevolence as part of investment. Banking that considers and obeys the Word of God.

…there will be no poor among you, since the Lord will most certainly bless you in the land which the Lord your God is giving you as an inheritance to possess, if only you will listen to and obey the voice of the Lord your God”

Deuteronomy 15:4-5

Conceptual model of investment structure:

Neither equity (ownership) or debt (loan), and without traditional recourse provisions. Instead with forgiveness provisions and with voluntary dividends that potentially better meets the biblical standard. We can use this as a discussion piece.

Conceptual model of banking:

Discussion: The “Transfer of Wealth”

Thanks to Merrick Finn last week for bringing this up and reminding me this week…

Back in 2007 in a lunch with Rick Joyner and Bob Jones at the Cracker Barrel somewhere in South Carolina, Bob mentioned to me that a “purpose” of like minded Spirit-led business people gathering together was: “To begin the transfer”.

I was like, what’s that? He went on to explain there is coming a transfer of wealth that will be part of the end-times harvest, as it is promised to God’s people in scripture. I was like oh…

Such scriptures are Proverbs 13:22: “The wealth of the wicked is laid up for the righteous” or similar scriptures like Job 27:16-17.

Of course, I had heard many from the prosperity movement speak of these scriptures, but it never made sense to me as it was being presented as a “God wants you to get rich” scheme.

Here are some scriptural examples of wealth transfer (they are all different types):

• Abraham receives gifts from Egyptian Pharaoh (Genesis 12)
• Isaac receives divine increase in the land of the Philistines (Genesis 26)
• Jacob receives divine increase while working for Laban (Genesis 31)
• Jacob and his family provided for from Egypt through Joseph (Genesis 41)
• Israelites plunder the Egyptians before the Exodus (Exodus 3)
• Solomon received gold from Queen Sheba (1 Kings 10)
• Remnant of Judah received favor and wealth from Cyrus to rebuild the Temple (Ezra 1)

As a result, here is a quote from newbreed.co/about page I recently added which was essentially a paraphrase of what Bob prophesied that day:

The New Breed are inspired business people, gathering together to get the inspiration of God as to how to begin the transfer. The transfer being the transfer of wealth (people and resources) from Babylon (the wicked) into the Kingdom (the righteous – Prov 13:22) related to the end-times harvest (1 billion souls). This inspiration comes from communion with God (Intimacy – Song of Solomon), understanding the knowledge of God (Col 1:10; Hosea 4:6), and receiving the wisdom of God (1 Cor 12:8; Isaiah 11).

newbreed.co/about

We will discuss what God is saying and doing at this time to each of us. We will inspire each other as to how God has inspired us regarding “the transfer”.

Discussion: “Hybrid” of ministry and business together

• Power from the “natural/earthly” realm + “supernatural/heavenly” realm…
• Hybrid power – “electric power” – liken to heavenly / supernatural / angelic help, through prayer, fasting, faith
• Drawing from God’s grace, favor, mercy unlocking resources and relationships here on earth.
• Drawing from heavenly treasures/resources/body parts.
• “combustion” engine – natural power in natural gifts, talents, work

Two example dreams I had related to this “heavenly help” of hybrid power:

Dream: Father with a heavenly spreadsheet, diligently tracking all my family’s needs. Set on my college campus.

Dream #2: Learning to fly, defying gravity, teaching others how to do the same, representing defying the “financial” laws of gravity.

J.J. shared with us his “lightning” diagram illustrating an analogy of the process of how lightning strikes with how God works with his people supernaturally.

Discussion: What’s Wrong with our Financial System?

As Christian business people in the United States, do we still need a revelation of what God is saying the problem is with our banking/financial system, and associated business practices?

While we can always take action during a time of crisis, what if doing so is premature without a REAL revelation of what the problem is in God’s sight?

Perhaps this is part of God’s purpose in our current “shut in” at home, to humble ourselves and ask Him, what must we do to be economically saved and restored?

Discussion: Economic, banking and financial market disruptions

• Chuck Pierce “We have a golden calf in NY”
• What’s wrong with the USA’s financial, banking and economic system today?
• Is it time for a “new breed” of banking/financial system using biblical principles?
• Unprecedented debt levels
• Fed Reserves’ actions Sunday March 15th, 2020 unprecedented and what it portends for future failures and bank runs.
• 0% bank reserve requirement (banks can lend with no vault cash – hides which banks are technically insolvent)
• 0% fed funds rate
• 0% discount window rate (hides which banks are technically insolvent)

While it’s expected to taper, the Fed is on pace to own 100% of US debt, public, private, real-estate backed, etc. inside 12-24 months at this rate of purchase

https://www.wsj.com/articles/fate-and-history-the-fed-tosses-the-rules-to-fight-coronavirus-downturn-11587999986?shareToken=st9ee8d12d3bcc46408627b6597a160a40

VIX (fear index) all time high of 82 next day, equity markets reach new lows

• President Trump and Secretary Mnuchin recently stated: Small Business is the backbone of the American economy
• Is it anymore? And what does the decline of small business mean for the future of the US economy?

Many large publicly traded companies got caught taking the PPP SBA loans (Shake Shack $10m, Ruth Chris $20m, Autonation $77m)

https://nypost.com/2020/04/27/only-13-companies-have-said-they-will-return-coronavirus-loans/