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The value of money

A Christian Science perspective.

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Last October, the Royal Swedish Academy of Sciences announced that Paul Krugman, an economist and a professor at Princeton University in New Jersey, won the Nobel Prize for economics. During a TV interview aired on NHK of Japan, Mr. Krugman said that greed was the core factor of the current financial crisis, and that unfortunately greed is not illegal.

A lot of people with major investments have been facing fear, uncertainty, anger, and stress, as a result of the financial situation. Although I don't have a big savings account, I felt I needed to do my part – to think through the situation in order to pray for a solution that would help people.

The Bible verse "Love not the world, neither the things that are in the world" (I John 2:15) sheds light on today's financial crisis and hints at how to begin restoring stability around the world. To me, loving the world, in the sense of this Bible verse, involves giving too much power to money and to other material aspects of our existence. Instead of seeing ourselves as lovingly and generously cared for by God, we believe that our substance is tied up with our material belongings – home, clothing, computer, etc. – and money. But our supply is actually something much bigger than money, and a lot less limited.


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