The first Christian book I ever read as a new believer (apart from the Bible itself) was Hal Lindsey’s classic “The Late Great Planet Earth”.
Let’s face it, there are few subjects in the Word that have more potential for generating confusion than the study of End Times prophecy.
But Hal Lindsey displayed an amazing gift for taking a complicated subject and managed to “put the cookies on the bottom shelf where the kiddies can get at them.”
The restoration of Israel, the rise of Russia as a world power, even the rapture of the church were explained in a compelling way.
Now as someone who had never even heard that Jesus promised to return again, “Late Great” was a real eye opener.
I was amazed that even back in 1973, there were certainly pieces of the prophetic puzzle that were coming together.
But some of the predictions did seem a bit out of reach.
For example, Lindsey detailed the prediction that a final world dominating dictator called the Antichrist would arise and unify all nations both spiritually and economically.
He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)
At the time I first read those words, the notion that the entire world could be unified under one economic system with a common currency that could be used as a controlling mechanism seemed pretty far fetched.
Back then, even interstate banking was just a dream and the sheer computing power of the Commodore 64 was still years in the future.
How things have changed.
If the flirtation with economic collapse that we have experienced over the last few months has taught us anything, we already live in a one world economy.
What happens in Belgium is felt in Beijing.
A mortgage default crisis in the United States directly effects the fortunes of the Ukraine.
A one world economic system like that described in Revelation 13 and 18 is no longer prophecy, but present reality.
And that reality is becoming more and more unsubtle every day.
China calls for new reserve currency
By Jamil Anderlini in Beijing
Published: March 23 2009 12:16 | Last updated: March 24 2009 00:06
China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.
In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies”.
Analysts said the proposal was an indication of Beijing’s fears that actions being taken to save the domestic US economy would have a negative impact on China.
“This is a clear sign that China, as the largest holder of US dollar financial assets, is concerned about the potential inflationary risk of the US Federal Reserve printing money,” said Qu Hongbin, chief China economist for HSBC.
Although Mr Zhou did not mention the US dollar, the essay gave a pointed critique of the current dollar-dominated monetary system.
White House Chief of Staff Rahm Emmanuel has been famously quoted as saying, “One should never waste a good crisis.”
It appears that the current economic melt down has provided a golden opportunity to supplant the dollar, the Euro and the yen with a currency that would occupy a superior position to them all.
Why is this proposal gaining traction?
The advantage in stability that Mr. Zhou suggests is easy to spot.
But along with the carrot of economic security there is also inherent here a very powerful stick.
If all nations sign on to this super currency, what will happen to a country whose policies become a problem for the rest?
If a rogue nation like Iran pursues nuclear weapons, imagine what would happen if the powers that be declare that they may no longer participate in the international system?
The proposed International Monetary Fund super currency could become the 800 pound gorilla of economic sanctions.
Is this the predicted global economic system that will be wielded by the Beast of Revelation 13?
The simple answer is – not yet.
But this certainly is a major step in that direction.
In fact, if you had told me back in 1973 that 36 years later, Communist China would be making a proposal to place all nations under the same economic security blanket I would have been shocked.
Now a days, not so much.
Take heed, watch and pray; for you do not know when the time is.
It is like a man going to a far country, who left his house and gave authority to his servants, and to each his work, and commanded the doorkeeper to watch.
Watch therefore, for you do not know when the master of the house is coming—in the evening, at midnight, at the crowing of the rooster, or in the morning— lest, coming suddenly, he find you sleeping.
And what I say to you, I say to all: Watch!” (Mark 13:33-37)
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