This author has long argued that the coming worldwide economic meltdown, and the coming world war, are so closely intertwined, both in timing and in cause, that they will ultimately appear to have been almost simultaneous, once the smoke of deception clears. And it will ultimately be almost impossible for most people to decide “which was the cart, and which was the horse.”
Our Creator hates “dishonest weights and measures,” like the irredeemable, fake, ‘pure fiat’ currencies of the world. While the Constitution for the United States (back when it still mattered) once declared that “nothing but gold and silver” coin would be minted to serve as “money,” the Word of Yah is no less blunt. In the Hebrew of the Bible, the word “qesef” just means “silver.” But it is synonymous with “money”. And Scripture (Lev. 19:35, Deut. 25:13-15, Proverbs 11:1, 16:11, 20:10, 20:23 and so on) repeatedly calls the corrupt system of today’s fiat paper currencies an “abomination”.
There has never in history been a fiat currency which has NOT self-destructed. Generally, the society fails along with the ‘money’. And as the ultimate demise of the “almighty dollar” draws ever closer, the deceptions and manipulation of formerly-free world markets, from foreign exchange to stocks and bonds to commodities, intensifies.
At the recent Federal Reserve FOMC meeting, the mere suggestion that SOMEDAY, in the unlikely event of economic recovery, the Fed might begin to “taper” its money printing excesses resulted in an immediate worldwide panic in all types of paper assets — from stocks in Asia, Europe, and the US, to government bonds to commodities futures. If the intent of the “jawboning” was a “beta test” to assess the reaction of investors to even a hint that “easy money” might not flow like cheap booze to winos, the verdict is in. The “End Of QE” — if it ever happens — will not be pretty.
Analysts who have correctly forecast the continued economic meltdown concluded that the central banks have literally “painted themselves into a corner,” with no escape. To end the money printing will end the pretense of recovery, and of banking system solvency. A derivative meltdown and liquidity collapse would follow. But the alternative, indeed the mathematical certainty, of a debt-based system, is hyperinflation. Either way, the handwriting is already on the wall. The final demise of the Almighty Dollar, the world reserve currency, has been “weighed, measured, and divided”.
Indeed, perhaps the most likely scenario at this point is BOTH: an attempt to “taper” the money-printing extravaganza results in a market panic, followed by a cure of the only “solution” that will be considered — LOTS more money printing. Hyperinflation is the inevitable result.
Bank accounts in the island nation of Cyprus were recently confiscated in what has now been called a “bail-IN.” Rather than bailing OUT banksters, the new sham is to force depositors to bail-in, and accept worthless ‘ownership’ of failed financial institutions, via the ruse that they are “creditors” of the bankruptcy. The nations of Japan and Canada, among others, talk openly now of the option, and having been successfully beta-tested, rest assured that it WILL be used elsewhere, including places that the rubes believe “it could NEVER happen here.” And remember, they would never tap your phones, either.
As the open and literally “in-your-face” criminality in the world financial system spreads like a cancer, the manipulation of the paper gold and silver markets has become more brazen as well. In mid-April, over 400 TONS of gold that could not be delivered were “sold” in order to collapse prices and precipitate a liquidation. Even the most skeptical observers of the sham were forced to admit the obvious. But as the price of PAPER “gold” and paper “silver” (which exist only in “hypothecated” form as a promise for future delivery which cannot be kept) fell, the supplies of REAL gold and silver coins simply began to dry up, worldwide. A great “divergence” manifested; “premiums” increased. Those who wanted to buy real, physical precious metals began to understand that the “price” of the fake stuff in the Crimex and similar manipulated markets had less and less to do with reality.
Watch for a “gold-backed” replacement currency when the dollar and world reserve system implodes. The problems? It will be a lie – and you can expect that those who want the PRIVILEGE of “buying and selling” in that new WunderMunny will have to verify their identity somehow. To prevent crime and money laundering, you will be told. Think of it as a “mark” — so that the prince of This World knows who serves him.
More and more of the honest economic commentators and advisers are beginning to tell their clients what Revelation 18:4 also counsels: “Come out of her.” A system built on lies MUST inevitably collapse. (And students of the Torah will recognize that indeed this was the function of the “Yovel” or “Jubilee” year: to RESET the economic system every fifty years, before the burden of compounding debt would otherwise collapse a society.) When dishonest money fails, the aftermath is never pretty, and generally it includes war. But when the biggest and most corrupt debt bubble in human history explodes, worldwide, the only way to describe the carnage will be “of Biblical proportions.”
The time to prepare, and to “come out“, so as to NOT participate in the sin, nor partake of the plagues now so clearly on the horizon, is NOW.