Today it was announced that the deficit for the month in the United States was 864 billion. This more than doubles the May number of 400 billion and for the year the total is expected to be 3.7 trillion. Since most government estimates are too rosy, I would guess the deficits will surpass the 3.7 trillion easily. More shutdowns are coming and unemployment, business loans, evictions and foreclosures are coming. The U.S. government simply cannot pay everyone's bills forever. The entire U.S. Economy (GDP) at peak makes about 20.6 trillion dollars. Now we will not only be making a less, but the debt is exploding. Given that we already have 25 trillion in debt (on May 1, 2020), adding a significant amount more, could sink people's faith in the dollar.
For the moment, much of the loaned money comes from purchases of debt by the Federal Reserve. They, with the blessing of the U.S. Treasury, create money out of thin air by purchasing large amounts of government debt with money only created by a ledger entry. To some it seems there are no limits to how far you can do this. They even have a name for this extreme, calling it modern monetary theory or MMT. Some debt if turned around and used as an investment can reap rewards for years or even decades. An investment in infrastructure or education could be a good example. Other debt though, used for short term needs, might only last for a short season leaving the person or government in a worse state than before.
Proverbs 22:7 (KJV) 7 The rich ruleth over the poor, and the borrower is servant to the lender.
In the past I have concentrated on the effects of COVID, shutting out the notions of conspiracies surrounding masks, government control and chip implanted vaccinations. I still give little credence to those items. Simply put, they are likely the sleight of hand, a distraction from the real problem which is the coming value of various currencies. A broke U.S. or other nation, will make them vulnerable, and weak. This weakness combined with COVID issues and civil unrest is the endgame and our response should be focused and practical.Throwing money around (Some call it helicopter money) to just boost the economy is likely not to work for more than a few months.
Consider the end game, when deciding what you should do during this time. If the end game is to control your personal space, then requiring masks and using other restrictions is the method. However, if the endgame is financial control then those conspiring are happy to induce dissatisfaction. They may in fact like you to NOT wear masks since non mask wearers will hastens shutdowns causing faster economic and social collapse.
While deaths from COVID are real, there is evidence that the greater problem may become monetary. Consider the Federal Reserve's lack of coins. Why all of a sudden are we running out of change? Are there hoarders, or is it an organized effort to put the seeds of doubt in U.S. currency? In the past, there were penny or maybe nickel shortages and to help, stores would offer you 1.10 for every dollar in pennies. Now Kroger is lining up to cancel all change and give you store credit or force you to charge it. Something more than this lack of change does not add up.
A second clue comes in the form of de-dollarization. Here is an article written in 9/2019, titled Dedollarisation of the global economy? China and Russia boost gold reserves (Dedollarisation of the global economy? China and Russia boost gold reserves). De-dollarisation is “reducing the dollar’s dominance of global markets” (De-dollarisation | A world no longer dominated by the US dollar). This reference notes that nearly 2/3rds of worldwide debt and transactions are dominated in U.S. Dollars. Thus, a drop in the use of dollars could create huge negative impacts. Like the closing of the gold standard during the Nixon era, foreigners and others could turn in their dollars and demand payment in goods (instead of gold when the dollar was backed by gold). Too many dollars chasing too few goods is a classic definition of inflation. If this is true we not only are issuing more dollars for debt, but we are having to exchange dollars that are no longer wanted in circulation. Land is just one part of the U.S. that foreigners have been buying (Foreign investors are snapping up US farms).
Let me be clear though, that other country's currencies may be in worse shape than the U.S. dollar. Some have even higher debt loads as a percent of GDP, and India, Brazil and South Africa, to name a few, seemed poised to be especially economically vulnerable to COVID effects. Additionally, de-dollarization efforts could fail, making some nations even more dependent on U.S. dollars. What China has done to trade, the United States has done to currency. Any transition is going to be choppy waters.
More typical mainstream thought in economics is that issuing more and more currency at some point is going to cause inflation. Throughout history all nations that have increased the money supply significantly have seen a rise in inflation. One of the reasons the U.S. has avoided inflation thus far, is the scale of dollars worldwide as previously discussed. Still, there can be a tipping point and with forces at work against the dollar, it certainly is possible that the dollar may falter.
I write this with the backdrop of Pastor Dana Coverstone's prophetic dreams as found at
While I do not reject or embrace what he shares, there is some natural evidence that hyperinflation could arise as he dreams about this. I would be lying to suggest I know with any certainty what strategy would work if hyperinflation were to become a reality. I do know though that the system is delicate and even a panic could set things off. I also know the financial system is very intertwined with large financial players guaranteeing contracts of value that far exceed any reserves that they have. This includes insurance companies, global banks and stock brokerages and various types of exchange traded funds. In light of this and the other possibilities for economic and social disruption, I believe it is prudent to prepare. Think about what you would need if the grid goes down, think about the supplies that would be helpful if there is a complete supply disruption. If you want to see a serious article on the fragility of the grid this source is scarily clear. An assessment of threats to the American power grid Hard assets that one can hold like physical gold (Versus a gold holding from a paper contract). Other commodities, real estate, even household or collector items might hold value better than cash. Zimbabwe, a special case in hyper-inflation of over one million percent had closed nearly every avenue to avoid hyperinflation. It got so interesting at one point that some people rather than see their currency deposits decline, bought stocks, which at least gave them something for their money. (Assuming the company could stay in business) The government response to that was to close the entire stock market last week.(Bloomberg - Are you a robot?).
So where does God and faith fit into all of this? As a young Christian I was acquainted with Dr. Bill Basansky's story of checking in a motel when the Lord told him not to stay in a particular room. He asked and got reassigned to a different room at the motel. The next morning they found two people dead from a natural gas leak in the room he was first offered (Source: Know the Father's voice). Similarly, it was widely reported in the Oklahoma City bombing where one employee at the federal building was told by God to stay home that day. Being led of the Holy Spirit, can lead you to safety and provision.
Isaiah 58:11 (KJV) 11 And the LORD shall guide thee continually, and satisfy thy soul in drought, and make fat thy bones: and thou shalt be like a watered garden, and like a spring of water, whose waters fail not.
God does not give a command without giving us the power to accomplish it.
1 Timothy 5:8 (KJV) 8 But if any provide not for his own, and specially for those of his own house, he hath denied the faith, and is worse than an infidel.
We know from the story of Joseph that provision often includes preparation. Yes, God can work a miracle for someone to receive a provision at the last possible moment. God can also speak to you about what is coming and have you personally prepared for any situation according to His will. This is not operating in fear but rather you are responding in faith to God.
Psalm 32:8-9 (KJV) 8 I will instruct thee and teach thee in the way which thou shalt go: I will guide thee with mine eye. 9 Be ye not as the horse, or as the mule, which have no understanding: whose mouth must be held in with bit and bridle, lest they come near unto thee.
For the moment, much of the loaned money comes from purchases of debt by the Federal Reserve. They, with the blessing of the U.S. Treasury, create money out of thin air by purchasing large amounts of government debt with money only created by a ledger entry. To some it seems there are no limits to how far you can do this. They even have a name for this extreme, calling it modern monetary theory or MMT. Some debt if turned around and used as an investment can reap rewards for years or even decades. An investment in infrastructure or education could be a good example. Other debt though, used for short term needs, might only last for a short season leaving the person or government in a worse state than before.
Proverbs 22:7 (KJV) 7 The rich ruleth over the poor, and the borrower is servant to the lender.
In the past I have concentrated on the effects of COVID, shutting out the notions of conspiracies surrounding masks, government control and chip implanted vaccinations. I still give little credence to those items. Simply put, they are likely the sleight of hand, a distraction from the real problem which is the coming value of various currencies. A broke U.S. or other nation, will make them vulnerable, and weak. This weakness combined with COVID issues and civil unrest is the endgame and our response should be focused and practical.Throwing money around (Some call it helicopter money) to just boost the economy is likely not to work for more than a few months.
Consider the end game, when deciding what you should do during this time. If the end game is to control your personal space, then requiring masks and using other restrictions is the method. However, if the endgame is financial control then those conspiring are happy to induce dissatisfaction. They may in fact like you to NOT wear masks since non mask wearers will hastens shutdowns causing faster economic and social collapse.
While deaths from COVID are real, there is evidence that the greater problem may become monetary. Consider the Federal Reserve's lack of coins. Why all of a sudden are we running out of change? Are there hoarders, or is it an organized effort to put the seeds of doubt in U.S. currency? In the past, there were penny or maybe nickel shortages and to help, stores would offer you 1.10 for every dollar in pennies. Now Kroger is lining up to cancel all change and give you store credit or force you to charge it. Something more than this lack of change does not add up.
A second clue comes in the form of de-dollarization. Here is an article written in 9/2019, titled Dedollarisation of the global economy? China and Russia boost gold reserves (Dedollarisation of the global economy? China and Russia boost gold reserves). De-dollarisation is “reducing the dollar’s dominance of global markets” (De-dollarisation | A world no longer dominated by the US dollar). This reference notes that nearly 2/3rds of worldwide debt and transactions are dominated in U.S. Dollars. Thus, a drop in the use of dollars could create huge negative impacts. Like the closing of the gold standard during the Nixon era, foreigners and others could turn in their dollars and demand payment in goods (instead of gold when the dollar was backed by gold). Too many dollars chasing too few goods is a classic definition of inflation. If this is true we not only are issuing more dollars for debt, but we are having to exchange dollars that are no longer wanted in circulation. Land is just one part of the U.S. that foreigners have been buying (Foreign investors are snapping up US farms).
Let me be clear though, that other country's currencies may be in worse shape than the U.S. dollar. Some have even higher debt loads as a percent of GDP, and India, Brazil and South Africa, to name a few, seemed poised to be especially economically vulnerable to COVID effects. Additionally, de-dollarization efforts could fail, making some nations even more dependent on U.S. dollars. What China has done to trade, the United States has done to currency. Any transition is going to be choppy waters.
More typical mainstream thought in economics is that issuing more and more currency at some point is going to cause inflation. Throughout history all nations that have increased the money supply significantly have seen a rise in inflation. One of the reasons the U.S. has avoided inflation thus far, is the scale of dollars worldwide as previously discussed. Still, there can be a tipping point and with forces at work against the dollar, it certainly is possible that the dollar may falter.
I write this with the backdrop of Pastor Dana Coverstone's prophetic dreams as found at
So where does God and faith fit into all of this? As a young Christian I was acquainted with Dr. Bill Basansky's story of checking in a motel when the Lord told him not to stay in a particular room. He asked and got reassigned to a different room at the motel. The next morning they found two people dead from a natural gas leak in the room he was first offered (Source: Know the Father's voice). Similarly, it was widely reported in the Oklahoma City bombing where one employee at the federal building was told by God to stay home that day. Being led of the Holy Spirit, can lead you to safety and provision.
Isaiah 58:11 (KJV) 11 And the LORD shall guide thee continually, and satisfy thy soul in drought, and make fat thy bones: and thou shalt be like a watered garden, and like a spring of water, whose waters fail not.
God does not give a command without giving us the power to accomplish it.
1 Timothy 5:8 (KJV) 8 But if any provide not for his own, and specially for those of his own house, he hath denied the faith, and is worse than an infidel.
We know from the story of Joseph that provision often includes preparation. Yes, God can work a miracle for someone to receive a provision at the last possible moment. God can also speak to you about what is coming and have you personally prepared for any situation according to His will. This is not operating in fear but rather you are responding in faith to God.
Psalm 32:8-9 (KJV) 8 I will instruct thee and teach thee in the way which thou shalt go: I will guide thee with mine eye. 9 Be ye not as the horse, or as the mule, which have no understanding: whose mouth must be held in with bit and bridle, lest they come near unto thee.
