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Affluent Christian Investor | December 13, 2018

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How Can You Protect Your Money if You Don’t Know What it is?: Protecting Your Assets in an Age of Theft

Photo: Magna Carta

Photo: Magna Carta

Money. What is it? Why do we need more of it to buy the luxuries of life like bread, milk and sugar?

Money primarily consists of currency (notes and coin) and credit. Credit allows you to buy things just as well as money does. The more credit available, the more you can buy.

But things were not always like the MODERN world. Consider the Great Charter (Magna Carta) of 1215. The barons, representing the people, laid down some rules. Among these was the idea that property could not be confiscated by the king unless he paid a fair price for it.

Now this would clearly have been a problem for King John. He liked to take people’s property without paying for it, especially when it was the property called money. After he signed Magna Carta, whenever he took money he would have to pay for it, hardly a satisfactory arrangement for him. Why take money if you only have to give it back in payment?

For any king such a rule becomes difficult to live with. Especially if you want to take people’s money for royal programs of any kind. Commonly, taking this money was called taxation, and the Great Charter helps explain why taxes were so low until recent times. In fact, it helps to explain why there was no income tax in strongly Christian countries such as the USA until about 1900.  Prior to that, taxes were port charges, import and export duties, or transaction taxes of some kind. The income tax changed all that.

It also helps explain why it was essential for the taxing authorities to abandon the idea that money was property. And the easiest way to do this was to get people off the gold or silver standard and replace it with a representation of gold and silver, a promissory note.

Politically and theologically, taxes are a mark of sovereignty. Whoever taxes is superior to the one being taxed. This is why nations do not pay taxes to one another – unless they are subjected militarily to them. Equals do not tax one another; superiors tax inferiors.

Knowing this is important when it comes to investing. Knowing what money is and what it ought to be allows people to construct an investment portfolio that has the best chance of preserving assets. No investment opportunity can give complete protection. But a prudent choice of a variety of investments can help you as you prepare for the future.

Ian Hodge is an accomplished musician and music teacher, an executive manager and a management consultant to business owners.

Dr. Hodge began his working career as a professional musician. His interest in Christian economic theory, however, led to a move into the investment industry, where he made his way to the ranks of executive management. His first position as a CEO outside of his own company was a turnaround situation, and he found this was “his” place in the business world. For the past 16 years has been a business consultant to help turn around struggling businesses. He has clients in USA, Australia, New Zealand, and Canada.

He actively uses his consulting skills to help train church pastors, elders and deacons in leadership and church growth practices.

As a musician, he worked with several singers around Australia and the South Pacific as their accompanist and music director.

A current project is the development of SonCross Academy, an online school that starts with the Bible, providing lessons in music theory and piano, economics, business, history, philosophy and theology for ages 8+.
Ian Hodge received his Ph.D. degree from Whitefield Seminary in “Christian Intellectual Thought – Economics”. He has written over 500 articles on topics such as business management, economics, education, law, finance, health, philosophy, politics, theology, and music as he explores the application of a biblical world view. He runs his own blog at
He is the author of:
· Why Would Anyone In Their Right Mind Believe the Bible? An introduction to the Christian Faith.
· Baptized Inflation: A Critique of “Christian” Keynesianism.
· Is This The End of Religious Liberty? The Declaration on the Elimination of All Forms of Discrimination and Intolerance Based on Religion or Belief.
· Making Sense of Your Dollars: A Biblical View of Wealth.
· How To Be Diabetes Free . . . For Life. An analysis of the biology of diabetes, and how this disease can be prevented and even halted.
· Ian Hodge’s Read, Write & Play Music, a self-teaching program that instructs young students on how to write (compose) music.
· Powerhouse Piano, online video and live lessons in classical piano.
· Publisher, editor, William the Baptist. A classic in Christian literature, reissued with an introduction by Dr. Hodge.
In his spare time, Ian can be found actively debating atheists on his city streets and elsewhere (anywhere) whenever the opportunity arises.


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