Pertinent verses relating to Jubilee:
The Parable of The Widow's Oil in 2 Kings 4: because of the faith of the widow, Elisha uses his (priestly) authority to in effect cancel her debt. Her creditor had come to take compensation for her failure to repay (the collateral at this time being one's children; notice the parallel to God sending his Son as payment for our sins). God provides just enough oil for her to sell in order to recompense the creditor. This is also a good lesson in being resourceful.
Proberbs 13:13: The one who despises the word will be in debt to it, But the one who fears the commandment will be rewarded.
Colossians 2: having forgiven us all our transgressions, having canceled out the certificate of debt consisting of decrees against us, which was hostile to us; and He has taken it out of the way, having nailed it to the cross. When He had disarmed the rulers and authorities, He made a public display of them, having triumphed over them through Him...If you have died with Christ to the elementary principles of the world, why, as if you were living in the world, do you submit yourself to decrees...
Finally, although not directly relevant, notice the contrasting fates of Babylon and the New Jerusalem in Revelation. Babylon, whose wealth was built on slavery (debt is a form of slavery, arguably), leads to destruction. New Jerusalem is founded on forgiveness of wrongdoings, and so lasts forever. Notice also that the inhabitants of Babylon temporarily enjoy a 'boom', and end up with a 'bust'. In the New Jerusalem, it is not objects that carry value; the city itself is constructed of all sorts of precious minerals. Seeking this kingdom will inevitably bring prosperity, because it is founded on solid foundations.
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