The psalmist writes at a time when there was an understanding of the shortcomings of men, but only the promise of peace with God.
“Truly no man can ransom another, or give to God the price of his life, for the ransom of their life is costly and can never suffice,” Psalm 49:7-8 ESV
No man was worthy to ransom another. Until God carried out his great plan…
Again from Paul’s letter to Colossae…
“For in him [Jesus] all the fullness of God was pleased to dwell, and through him to reconcile to himself all things, whether on earth or in heaven, making peace by the blood of his cross.” (Colossians 1:19-20 ESV)
Let’s remember that the love of God for his estranged children was so great that he was willing to pay the price himself. Only he could pay that price. For the price require a sinless life. This Jesus did. To make peace.
Oh how great is the love of God for us that he would make peace with us and welcome us to his throne of Grace. As the psalmist says elsewhere:
“O my Strength, I will sing praises to you, for you, O God, are my fortress, the God who shows me steadfast love.” (Psalm 59:17 ESV)