|Reports suggest Hyperinflation. Should we be concerned?
| In the news lately, there have been warnings of “hyperinflation” around the corner. Chief Executive Officer Jake Dorsey of Twitter issued a warning saying that “Hyperinflation is going to change everything. It’s happening. It will happen in the U.S. soon, and so the world“. Many people openly disputed that assertion, such as the Treasury Secretary, Janet Yellen, who said with marginal conviction, “I don’t think we’re about to lose control of inflation.”
At the same time, the head of the European Central Bank, Christine Lagarde, stated that inflation had dominated the Governing Council’s discussions lately, saying, “We talked about inflation, inflation, inflation.” She went on to say, “We did a lot of soul-searching to actually test our analysis, and we are confident that this analysis of the temporality of these categories is correct.” She also doesn’t seem sure of what is going to happen.
The US national debt is currently over $28,900 billion, which means that EVERY SINGLE TAXPAYER must pay over $229,000 to clear the debt (https://usdebtclock.org). Even if the United States taxed all the billionaires at 100%, that would make such a small dent in the overall debt that it won’t fix anything. It simply is not possible to “fix” the problem by paying off the debt as there is no money to pay off the debt. It is inevitable that the financial economy will collapse, and hyperinflation will prevail. The lives of every single individual in the USA will be dramatically changed overnight when this happens.
The vast majority of media outlets promote a stable economy and openly refute such talk as nonsense. Dave Rosenberg of Rosenburg Research says talk of hyperinflation is “totally ridiculous.” The CEO of ARK Investment Management, Cathie Wood, says that while it is true that inflation has been climbing dramatically and will continue for a few more months, she is promoting the idea that it (inflation) will just go away all by itself and prices will drop to normal but doesn’t say how.
Pre-Cursor to what’s coming:
We see the pre-cursors of hyperinflation in a few markets. But these are only pre-cursors compared to the hyperinflation that will occur when the economy starts to falter. For example, in the last ten months, gasoline has increased by over 50% nationwide. There are also over 45 categories of products and services that are regularly used by American households that have increased more than 5% in the last few months. Overall, the average household now must spend $175/month more than they did this time last year (that’s over$2,100/year). If this does not seem serious to you, consider the following: The latest GoBankingRates survey shows that more than 40% of Americans have less than $300 in savings and more than 51% of Americans have less than three months’ worth of savings. In addition, the majority of those on a fixed income (mostly seniors and the 68 million on government assistance) are not capable of purchasing the same food and products they did a year ago simply because of the $175/month increase in cost. This small number is more dire than many realize.
What does the scripture say?
Hyperinflation is defined by Webster as “excessive economic inflation with prices rising at a very high rate in a very short time.” In Rev 6:6, John expresses the situation by comparing how much food can be purchased with money when this event reaches its peak:
“… A measure of wheat for a penny, and three measures of barley for a penny …”
When will Hyperinflation start?
There is no doubt, based on Rev 6:6, we will experience a form of Hyperinflation that will provide families less than what they need to eat each day, never mind all the other expenses necessary to live in a society such as rent, clothes, utilities, and everyday household items such as soap and toilet paper. We will be living in an unprecedented time in which we can only now see the pre-cursor events.
We are assured by Jesus Christ in Rev 6:6 that hyperinflation will come and also told to what extent, but when will this start? In a prior email, we explored the precise meaning Rev 1:1 and Rev 1:3, which tell us that there is an appointed time when the events of Revelation are to start, and when they do, they will occur in rapid succession. But when are these events going to start? The most precise clue we have to the starting of the final end-time sequence of events is given in 1 Thes 5:1-3, which says, “Now, brothers and sisters, about times and dates, we do not need to write to you, for you know very well that the day of the LORD will come like a thief in the night. While people are saying, “Peace and safety,” destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape.”
The United Nations, through their World Health Organization agency, has been saying the phrase “Peace and security” repeatedly and intensely over the last year! Shortly after the start of the COVID-19 pandemic (on April 18, 2020), H.E. Antonio Guterres, the UN General Secretary, gave a worldwide address where he stated that we would “rebuild a fairer world as united global citizens and united nations.” Using the phrase “peace and security,” they do not hesitate to tell us that their true intent is to “rebuild the world.”
How should we prepare?
It is reasonable to assume that based on what the Scriptures say that the end-time sequence is very near or may have even started. We also know that when they start that they will happen in rapid succession. One of those events is hyperinflation, as described in Revelation. As much as I would like to believe that hyperinflation won’t ever happen, the handwriting is on the wall, and we should take notice.
The most important thing you can do to prepare for these end-time events is to put on the “Whole Armor of God” as there will be a significant deception that will fall over the entire earth, and many Christians will be deceived. [The Armor of God topic was covered in a prior email. If you wish a copy, please send a request to email@example.com.] The next more important thing you can do is pray and follow the leading of the Holy Spirit and study God’s Word.
The above most likely/possibly for Non-Rapture believing Gentile Christians/Messianic Jews from an e-mail advertisement regarding firstname.lastname@example.org.