The Bible mentions true riches thus indicating the existence of false riches. Much of what the world considers riches simply serves as a veil for true poverty. While on earth, the Lord appeared to be the poorest of the poor (Matthew 8:20), all the while being the One who owned all things. The believers at Smyrna appeared to be poor, but the Lord unflinchingly stated that they were in fact rich (Revelation 2:8-9). The opposite was said of those in Laodicea. Although they claimed to be rich, the Bible states the reality: they were poor (Revelation 3:14-17). This truth is confirmed in Proverbs 13:7 when the Bible says, “There is that maketh himself rich, yet hath nothing: there is that maketh himself poor, yet hath great riches.”
There are two areas in which a man can be blameless. He can be blameless in his practice based upon his efforts to do right. Additionally, a believer can be blameless positionally, but this is completely based upon the finished work and righteousness of Christ. This second area of blamelessness is the subject of Ephesians 1:4 as is also the case in Colossians 1:22. In the context of that passage, it is clear this blamelessness comes only through the reconciliation of Christ (Colossians 1:21). This means that in Christ, believers bear no guilty responsibility for sins they have committed. Instead, believers are viewed and accepted in the righteousness of Christ (Ephesians 1:6).
