Too much (fake) credit is as bad or worse than not enough. Easy money invites sloppy spending. And while fake credit can be created out of thin air…the resources it commands are not. They’re real. Oil, skilled labor, and raw materials take time, capital, and discipline to put together. And once used, they are gone forever. A guy puts in a day’s work; a day gone by can never be recovered.
That’s how fake credit destroys real wealth. On Main Street, it is wasted on projects that don’t make economic sense. On Wall Street it is gambled away — on cryptos…tokens…Nvidia….AI…and other things unlikely to pay off.
Fake credit is the secret to how the feds can waste so many trillions of dollars. They borrow savings that were never earned, never saved, and never taxed…and use them to fund pointless social and corrupt giveaway bureaucracy as well as unnecessary wars.
The Bible, particularly in the Book of Proverbs (NKJV), offers wisdom that aligns closely with the concerns about excessive or “fake” credit leading to waste, bondage, destruction of real wealth, and misallocation of scarce resources (like time, labor, and materials). While Scripture doesn’t directly address modern fiat money creation or central banking, it strongly condemns get-rich-quick schemes, dishonest gain, laziness/slothfulness that wastes effort, and debt that enslaves or leads to ruin rather than productive labor.
Here are key complete verses from the NKJV that speak to these ideas:
Proverbs 22:7
“The rich rules over the poor, And the borrower is servant to the lender.”
This highlights how debt creates bondage and loss of freedom—much like how easy/fake credit can lead to over commitment and control by lenders, wasting real resources without true gain.
Proverbs 13:11
“Wealth gained by dishonesty will be diminished, But he who gathers by labor will increase.”
Wealth from “vanity” or dishonest/quick means (including artificial credit expansion that doesn’t reflect real savings/labor) fades away, while true wealth builds slowly through diligent, productive work. This ties into the waste of real resources on unsustainable projects.
Proverbs 22:26-27
“Do not be one of those who shakes hands in a pledge, One of those who is surety for debts; If you have nothing with which to pay, Why should he take away your bed from under you?”
This warns against rash commitments or guarantees involving debt—avoiding situations where easy credit invites sloppy or risky spending that destroys what little you have.
Psalm 37:21
“The wicked borrows and does not repay, But the righteous shows mercy and gives.”
Borrowing without intent or ability to repay is wicked, leading to waste and injustice—echoing how fake credit commands real resources that are then squandered without return.
Proverbs 6:6-8 (context on slothfulness leading to poverty, contrasting with diligence)
“Go to the ant, you sluggard! Consider her ways and be wise: Which, having no captain, Overseer or ruler, Provides her supplies in the summer, And gathers her food in the harvest.”
Related verses in Proverbs condemn slothfulness (e.g., Proverbs 6:9-11 warns that “a little sleep, a little slumber… poverty will come like a prowler”), showing how lack of discipline wastes time and resources—similar to how easy credit enables wasteful spending instead of disciplined production.
Proverbs 28:19-20 (context on honest labor vs. haste)
“He who tills his land will have plenty of bread, But he who follows frivolity will have poverty enough! A faithful man will abound with blessings, But he who hastens to be rich will not go unpunished.”
Hastening to wealth (via shortcuts like speculative gambling on “cryptos…tokens…Nvidia….AI” or unearned credit) leads to lack – while faithful, productive work brings increase.
These verses emphasize that real wealth comes from labor, discipline, and honest means—not from artificial abundance that misdirects scarce real resources (time, labor, materials) into unproductive or corrupt ends. The biblical ideal favors earning/saving before spending, avoiding debt bondage, and stewarding resources wisely to avoid waste and destruction.
We have the illusion of being the wealthiest country in the world, when in reality we are the most in debt, and whom we owe we will serve. So too will our children.
Debt delusion is more destructive than disease; like termites it eats your structure away.
So, why carry anymore weight than you need? Live with buffers below your means and help other live their best life by leave them better than you found them.