Why Are Prices Going Up?

“I will break the pride of your power” (Leviticus 26:19)

Why are prices going up?:

First came higher food prices, thanks to heat in Russia and floods in China and Australia. Then came soaring gas prices as a result of the crisis in Libya. Now, imported consumer goods — including almost everything from Brazilian orange juice to imported Toyota automobiles — are going to be joining the upward price trend.

The culprit is the U.S. dollar, which has fallen 5% in the last year.

See full article from DailyFinance: http://srph.it/fkOexK

Inflation happens when there are to much currency going after the same (or less) amount of goods.

The USA, through its federal economic stimulus plans and the Federal Reserve’s “quantitative easing”, schemes has increased the amount of dollars. And since many of the world’s currencies are directly linked to the US dollar (and nearly all are indirectly linked to it), this results in higher prices–including for many other nations.

The cost of imported goods into the USA is rising mainly because the USA is producing less goods, but creating more money (actually, the biggest export from the USA the past few years probably has been its debt). Its foreign creditors are starting to pay attention to the fact dollar creation, instead of increased production of goods, seems to be a long term strategy of many US governmental officials.

The United States and its Anglo-allies that have loaded pledges of debt in these end times that they really do not expect to pay back. Insolvency will cause bigger problems than even the experts who see it coming normally understand. But many foreigner creditors will (cf. Habakkuk 2:7).

Prophecy moves forward–significant personal repentance is probably the only way out (as national repentance for the USA seems highly unlikely). In the mean time, it appears that prices will rise, and ultimately, probably a lot. Hyper-inflation (like other certain nations have experienced) is likely to hit the USA in not too many years.

To learn more, please check out the following articles:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? This is a lengthy article with many prophecies that Barack Obama may end up fulfilling.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled by him?
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel.
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon?
Russia: Its Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end?
Is Russia the King of the North? Some claim it is. But what does the Bible teach?