The Easy Chair

Easy Chair No. 149, July the 9th, 1987 — Money and Debt: Paper Wealth, Real Slavery

1 h 4 min · 20. juni 2026
episode Easy Chair No. 149, July the 9th, 1987 — Money and Debt: Paper Wealth, Real Slavery cover

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In *Easy Chair 149* (July 9, 1987), R.J. Rushdoony and Otto Scott warn that money and debt are not merely “economic” topics but **religious and moral realities**—because a culture’s view of money reveals where its faith rests. Scott argues the modern world has entered an unprecedented situation: *“money”* as true wealth has largely disappeared, replaced by **paper claims backed by nothing—worse than nothing, backed by debt**. Rushdoony presses the point: modern states *monetize debt*, so currency increasingly represents obligations rather than accumulated production, inviting inflation, instability, and eventual collapse. They highlight how bond-market fragility threatens pension funds, how real estate values are illusions dependent on willing buyers, and how inflation quietly steals purchasing power (war bonds, savings, wages) while seducing people with a false “rising tide” prosperity. Over and over they return to the biblical diagnosis: **debt enslaves** (Prov. 22:7), long-term debt violates God’s pattern (Deut. 15’s debt limits and release), and a system built on perpetual interest and expanding credit cannot endure without breaking families and nations. Both men argue that abandoning gold and silver as honest money accelerates the growth of the state, because paper money centralizes control: if the government can create and debase currency, it can regulate, ration, surveil, and ultimately **strip citizens of independence**—even “homeownership” becomes conditional when property taxes function like rent. Rushdoony adds that economic cycles and the biblical sabbatical/Jubilee structure restrain runaway debt and inflation by design, forcing thrift, periodic reset, and stability—whereas modern society, trusting the state instead of God, keeps choosing short-term gain and “larceny in the heart” over covenant faithfulness. Their conclusion is stark: **a people with no real money will not remain a free people**, and unless debt is faced as sin and bondage—not a lifestyle—despotism is the natural destination. #EasyChair #Rushdoony #OttoScott #MoneyAndDebt #Inflation #SoundMoney #DebtSlavery #BiblicalEconomics #Deuteronomy15 #Jubilee #Freedom #ChristianReconstruction

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78 episodes

episode Easy Chair No. 149, July the 9th, 1987 — Money and Debt: Paper Wealth, Real Slavery artwork

Easy Chair No. 149, July the 9th, 1987 — Money and Debt: Paper Wealth, Real Slavery

In *Easy Chair 149* (July 9, 1987), R.J. Rushdoony and Otto Scott warn that money and debt are not merely “economic” topics but **religious and moral realities**—because a culture’s view of money reveals where its faith rests. Scott argues the modern world has entered an unprecedented situation: *“money”* as true wealth has largely disappeared, replaced by **paper claims backed by nothing—worse than nothing, backed by debt**. Rushdoony presses the point: modern states *monetize debt*, so currency increasingly represents obligations rather than accumulated production, inviting inflation, instability, and eventual collapse. They highlight how bond-market fragility threatens pension funds, how real estate values are illusions dependent on willing buyers, and how inflation quietly steals purchasing power (war bonds, savings, wages) while seducing people with a false “rising tide” prosperity. Over and over they return to the biblical diagnosis: **debt enslaves** (Prov. 22:7), long-term debt violates God’s pattern (Deut. 15’s debt limits and release), and a system built on perpetual interest and expanding credit cannot endure without breaking families and nations. Both men argue that abandoning gold and silver as honest money accelerates the growth of the state, because paper money centralizes control: if the government can create and debase currency, it can regulate, ration, surveil, and ultimately **strip citizens of independence**—even “homeownership” becomes conditional when property taxes function like rent. Rushdoony adds that economic cycles and the biblical sabbatical/Jubilee structure restrain runaway debt and inflation by design, forcing thrift, periodic reset, and stability—whereas modern society, trusting the state instead of God, keeps choosing short-term gain and “larceny in the heart” over covenant faithfulness. Their conclusion is stark: **a people with no real money will not remain a free people**, and unless debt is faced as sin and bondage—not a lifestyle—despotism is the natural destination. #EasyChair #Rushdoony #OttoScott #MoneyAndDebt #Inflation #SoundMoney #DebtSlavery #BiblicalEconomics #Deuteronomy15 #Jubilee #Freedom #ChristianReconstruction

20. juni 20261 h 4 min
episode Easy Chair No. 148, June 4, 1987 — The French Revolution: The Revolution That Never Ended artwork

Easy Chair No. 148, June 4, 1987 — The French Revolution: The Revolution That Never Ended

In *Easy Chair 148* (June 4, 1987), R.J. Rushdoony and Otto Scott argue that the French Revolution didn’t merely “happen” in history—it **still shapes the modern world**, and its errors keep replaying wherever elites try to seize man’s destiny. They trace the revolution’s logic back to Enlightenment assumptions (especially Locke’s belief in morally “neutral” man who can be remade by education), producing the modern self-appointed class that claims to be **the voice of reason and virtue**—and therefore entitled to rule, censor, purge, and compel. Scott emphasizes that the French Revolution became the template for later leftist revolutions: step-by-step radicalization, propaganda dressed as righteousness, selective moral outrage, the suppression of Christianity (while tolerating anti-Christian cults), public confessions and “purges,” state ownership of children, rewritten calendars and history, and the mass targeting of whole classes “for the crime of birth.” They warn that rhetoric about liberty and equality can mask “**…or death**,” and that revolutionary movements advance by isolating opponents, exploiting scandals, and keeping citizens trapped in short-term thinking. Their conclusion is urgent: because the revolutionary impulse is ultimately a war against God’s order, the only durable answer is a reawakened Christian community applying the whole Word of God to every area of life—unity, clarity, and reconstruction—before the revolution finishes what it started. #EasyChair #Rushdoony #OttoScott #FrenchRevolution #Robespierre #RevolutionaryMyth #CulturalMemory #Propaganda #Totalitarianism #ChristianWorldview #ChristianReconstruction #ApplyGodsWord

13. juni 20261 h 1 min
episode Easy Chair No. 147, May 26, 1987 - The Tree of Hate, Dr. Philip Wayne Powell artwork

Easy Chair No. 147, May 26, 1987 - The Tree of Hate, Dr. Philip Wayne Powell

In Easy Chair No. 147, R.J. Rushdoony and Otto Scott host Dr. Philip Wayne Powell to discuss his book The Tree of Hate, which exposes the historical myths and prejudices surrounding the Hispanic world, especially the Spanish Empire and Latin America. Powell explains how Northern European propaganda, dating from the 15th and 16th centuries, fostered widespread misconceptions about Spain’s colonization of the Americas, exaggerating violence and portraying Spaniards as barbaric. These distortions, combined with the “black legend,” have shaped modern perceptions in the United States and contributed to a general Hispanophobic bias. The discussion also covers U.S.-Latin American relations, emphasizing the ignorance and indifference of U.S. policymakers and citizens toward the region. Powell and Scott note that Americans often rely on superficial or ideologically biased information, leading to poor foreign policy and cultural misunderstandings. They highlight examples such as misguided diplomatic appointments, misinterpretations of Latin American history, and the undervaluing of Spain’s contributions to Christianity, education, and governance. Finally, the conversation explores broader themes, including the importance of historical accuracy, the influence of language on culture, and the value of Hispanic contributions to global history. Powell underscores the need to study Spain and Latin America carefully, noting that understanding the region is critical for current and future U.S. policy. He also stresses the role of language, particularly Castilian Spanish, in the formation and maintenance of the Spanish Empire, drawing parallels to the decline of English precision and cultural understanding today."

6. juni 202658 min
episode Easy Chair No. 146, May 14, 1987 — Book Reviews: Roots, Vision, and the Future Under God artwork

Easy Chair No. 146, May 14, 1987 — Book Reviews: Roots, Vision, and the Future Under God

In Easy Chair 146 (May 14, 1987), R.J. Rushdoony argues that a culture survives only when it honors both past and future: despising the past makes a people rootless, while losing a God-given vision for the future leaves only nostalgia—relics without meaning and prosperity without purpose. He warns that this same past-orientation infects churchmen who cling to “security” instead of obeying Scripture’s mandate to advance God’s Kingdom, using history as a cautionary tale: the medieval church allied with fading rural power while the city rose, helping set the stage for an urban Reformation; later, Protestantism resisted the Industrial Revolution and lost relevance to modern city life. Rushdoony then condemns Liberation Theology as Marxism baptized—replacing conversion and discipleship with revolution—and calls for a recovered biblical outlook marked by an eschatology of victory, where faith supplies both continuity with our fathers and confidence to build a future on God’s terms. Along the way, his reviews expose the moral confusion of sentimental liberal “compassion,” the shift from responsibility to blame in modern culture, the dangers of hyper-emotional “enthusiastic religion,” and the self-defeating absurdities of subsidy politics—each example reinforcing his central point: without Scripture’s authority, societies drift into fantasy, guilt-religions, and control schemes; with it, they regain meaning, mission, and direction. #EasyChair #Rushdoony #ChristianWorldview #HistoryAndFaith #PastAndFuture #EschatologyOfVictory #Discipleship #LiberationTheology

30. maj 20261 h 0 min
episode Easy Chair No. 145, May 6, 1987 artwork

Easy Chair No. 145, May 6, 1987

In Easy Chair No. 145, R.J. Rushdoony and Joseph McAuliffe examine the state of Christian fundraising, highlighting widespread concern over unethical practices, misuse of funds, and the public’s declining trust in TV ministries. McAuliffe cites polls showing that both Christians and non-Christians view many fundraising methods as manipulative, commercialized, and spiritually dishonest. He contrasts this with biblical models, emphasizing that fundraising must align with God’s will, respect donors’ freedom, provide transparency in the use of funds, and uphold integrity. Using examples from the tabernacle, the temple, and the early church, he stresses that giving should support God-ordained projects, advance His covenant, and avoid debt, coercion, or vanity. Both Rushdoony and McAuliffe call for a shift from spectacle-driven “star” ministries to faithful, local church-based stewardship that glorifies God and strengthens the kingdom.

23. maj 202659 min