AP: US consumer prices soared 6.8% in past year, most since 1982


Trader Joes, Arroyo Grande CA (Joyce Thiel photo)

COGwriter

The Associated Press reported the following:

US consumer prices soared 6.8% in past year, most since 1982

December 10, 2021

WASHINGTON (AP) — Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate since 1982.

The Labor Department also reported Friday that from October to November, prices jumped 0.8%.

Inflation has been intensifying pressure on consumers, especially lower-income households and particularly for everyday necessities. It has also negated the higher wages many workers have received, complicated the Federal Reserve’s plans to reduce its aid for the economy and coincided with flagging public support for President Joe Biden.

Fueling the inflation has been a mix of factors resulting from the swift rebound from the pandemic recession: A flood of government stimulus, ultra-low rates engineered by the Fed and supply shortages at factories in the U.S and abroad. Manufacturers have been slowed by heavier-than-expected customer demand, COVID-related shutdowns and overwhelmed ports and freight yards. …

The result has been price spikes for goods ranging from food and used vehicles to electronics, household furnishings and rental cars. …

The persistence of high inflation has surprised the Fed, whose chair, Jerome Powell, had for months characterized inflation as only “transitory,” a short-term consequence of bottlenecked supply chains. Two weeks ago, though, Powell signaled a shift, implicitly acknowledging that high inflation has endured longer than he expected. https://apnews.com/article/joe-biden-business-economy-prices-inflation-616055db3bf67691b4fdc0015fc00783

Yes, COVID policies and the printing up on money (called “a flood of government stimulus” above), are factors. Factors that did not have to happen as they did.

Furthermore, this should NOT have been a surprise for the US Federal Reserve as its members have studied economics.

Let me also state that since the US government CHANGED how it calculates the inflation rate, it is actually higher than the 6.8% annual rate claimed. Here is a chart comparing how it is now done, compared to basically how inflation numbers used to be calculated:


“Courtesy of ShadowStats.com”

The current inflation number is, thus, worse than in 1982.

While we are not there yet, the Bible prophesies the following:

6 And I heard a voice from among the four living beings say, “A loaf of wheat bread or three loaves of barley will cost a day’s pay. And don’t waste the olive oil and wine.” (Revelation 6:6, NLT)

Revelation 6:5-6 is discussing food price inflation.

COVID-19 policies are sort of a ‘self-inflicted’ wound that is contributing to food shortages. People are suffering because of them. Sadly, it looks like more will as well.

We know more hunger is coming as Jesus said:

11 And there will be great earthquakes in various places, and famines and pestilences; (Luke 21:11a)

What should Christians who are not hungry do?

Other than take preparatory steps for their own family (see Physical Preparation Scriptures for Christians), the Bible also teaches:

27 Do not withhold good from those to whom it is due, When it is in the power of your hand to do so. (Proverbs 3:27)

9 And let us not grow weary while doing good, for in due season we shall reap if we do not lose heart. 10 Therefore, as we have opportunity, let us do good to all, especially to those who are of the household of faith. (Galatians 6:9-10)

14 What does it profit, my brethren, if someone says he has faith but does not have works? Can faith save him? 15 If a brother or sister is naked and destitute of daily food, 16 and one of you says to them, “Depart in peace, be warmed and filled,” but you do not give them the things which are needed for the body, what does it profit? 17 Thus also faith by itself, if it does not have works, is dead. (James 2:14-17)

22 But be doers of the word, and not hearers only, deceiving yourselves. (James 1:22)

Those who believe the Bible are to do good as soon as we can, to the extent that we can.

(As far as some of what the Continuing Church of God has done to try to assist, check out the post ‘Nobel UN food agency warns 2021 will be worse than 2020’ ‘CCOG has been taking steps’.)

The end is coming soon.

3 “A prudent man forsees evil and hides himself, But the simple pass on and are punished” (Proverbs 22:3).

We are seeing food inflation.

More is coming.

Much more!

Related to food inflation, the Continuing Church of God (CCOG) isput out the following video on our Bible News Prophecy YouTube channel:

12:03

Food Inflation & the 3rd Horseman of the Apocalypse

The Wall Street Journal, Reuters, UN’s FAO, and others are reporting food price inflation as well as often selected shortages of some food items. Might it get worse? Did Jesus prophesy famines? One analyst stated, “WE haven’t seen anything yet” in regards to rising food prices. Should Christians prepare? What about helping others? Does the ride of the third horseman of the Apocalypse (Revelation 6:5-6) point to a coming time of severe food inflation. Is more food price inflation coming? Dr. Thiel addresses these issues and more in this video.

Here is a link to the video: Food Inflation & the 3rd Horseman of the Apocalypse.

While there will be ups and downs in the reported inflation numbers, we can be scripturally sure that more food inflation will come.

The Bible tells faithful Christians to “gather together” (Zephaniah 2:1-3; cf. Revelation 5:7-13) before the time to flee comes.

Related to that, we put out the following video seven years ago:

God inspired the Prophet Zephaniah to write “Gather yourselves together, yes, gather together, O undesirable nation” (Zephaniah 2:1). Is this an important end time prophecy that almost no one understands? What happens to those Christians that refuse to ‘gather together’? Is this gathering together to take place before the decree to flee from the Great Tribulation is issued? Why is this important for Philadelphia remnant Christians to understand? What is the decree of Zephaniah 2:2? Is protection being discussed in Zephaniah 2:3? Which COG group best understands these prophecies and best teaches them? Why should this be important to you?

Here is a link to our video: Zephaniah’s ‘Gather Together’ Prophecy

As we probably DO NOT have seven more years (see, for example, Might the U.S.A. Be Gone by 2028?), NOW is the time for those who consider themselves Philadelphian Christians to “gather together.”

Do not think that things will continue as they have been.

Some items of possibly related interest may include:

Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2029 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
Might the U.S.A. Be Gone by 2028? Could the USA be gone by the end of 2028 or earlier? There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
Four Horsemen of the Apocalypse What do each of the four horseman of the Apocalypse represent? Have they began their ride? Did Jesus discuss the any of this? Might their rides coincide with the “beginning of sorrows? Do they start their ride prior to the Great Tribulation? Did Nostradamus or any other ‘private prophets’ write predictions that may mislead people so that they may not understand the truth of one or more of the four horseman? There is also a related YouTube video titled Sorrows and the Four Horsemen of the Apocalypse.
Fourth Horseman of the Apocalypse What is the pale horse of death and pestilences? What will it bring and when? Here is a link to a related sermon: Fourth Horseman, COVID, and the Rise of the Beast of Revelation. Some shorter related videos may include Amphibian Apocalypse: Threat to Humans? and Zombie Deer Disease is Here! Are the 10 Plagues on Egypt Coming? Here is a version of the article in Spanish: El cuarto jinete de Apocalipsis, el caballo pálido de muerte y pestilencia.
COVID 19 is NOT the End, but could it be TEOTWAWKI? The novel coronavirus called COVID-19 is wreaking havoc around the world. Many states of the USA as well as countries in Europe are on lockdown with shelter in place /shelter in residence requirements. In France, a form is required when you are not at your house. In Spain, drones are being used to warn people who are outside to got back to their homes–does that bring up feelings of ‘Big Brother’? Italy, France, and other areas are using police and/or military force to encourage people to stay inside. According to the Bible could this be the end? If not, what has to happen first? Have the second and third of the four horsemen of the Apocalypse started their ride? Could COVID-19 be the fourth horseman? Why or why not? Could we be seeing The End of the World as We Know It (TEOTWAWKI) like the R.E.M.’s 1987 single song discussed? Do Christians need to fear? What did Jesus teach? What did the Psalmist teach? This is a video. Here is a link to a version in the Spanish language: Corona 19 no es el final PERO es el TEOTWAWKI.
COVID-19 Leading to 666? The novel coronavirus of Wuhan, China fame, is now called COVID-19. It has also been called the ‘Coronapocalypse.’ Does COVID-19 have any prophetic ramifications? What did Jesus teach about pestilences and sorrows in the Olivet prophecy in Matthew 24? Could COVID-19 be the ride of the fourth horseman of the Apocalypse? Why was this type of disease expected according to the O. Here is a link to a version in the Spanish language: ld Testament prophecies in Deuteronomy and Leviticus? What has the US Centers for Disease Control warned about? What has the CDC reported about the flu? Were there lessons about fear and infections in the 2011 movie ‘Contagion’? Because of COVID-19, the World Health Organization (WHO), nation of Iran, and certain French locations are telling people not to use cash, but instead electronic forms of payment. The US Federal Reserve is now quarantining money repatriated from Asia to reduce the potential spread of the coronavirus on US currency bills. Is COVID-19 worse than we have been told or could this all be a ‘false flag’ event to encourage people to move towards a cashless society? If the thousands of deaths associated with COVID-19 are pushing parts of the world towards cashlessness, how much more likely will the ride of the fourth horseman and over a billion human deaths motivate people to move to making electronic payments that can be monitored? The Bible tells of a soon coming society that controls buying and selling to force allegiance to a coming European Beast power, known as 666 (Revelation 13:16-18). Does the ‘great tribulation’ begin before ride of the fourth horseman or with the opening of the fifth seal of Revelation 6? Do the words of Jesus helps us better understand the sequence of the four horsemen of the Apocalypse and the start of the Great Tribulation? Will the ride of the fourth horseman help lead to the rise of 666? Is that ride very close? Dr. Thiel addresses these issues and more in this video. Here is a link to a version in the Spanish language: El COVID-19 ¿Conduce al 666?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos. Here is a link to a related sermon: Physical preparedness for Christians.
21 items to prophetically watch in 2021 Much is happening. Dr. Thiel points to 21 items to watch (cf. Mark 13:37) in this article. Here is a link to a related sermon video: 21 Items to Watch in 2021.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2028 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
Might the U.S.A. Be Gone by 2028? Are there prophetic reasons to believe that the USA will not last two complete presidential terms? Yes. There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028?
The Great Tribulation: What Happens First? What events have happened? What are some events that are now happening? And what events need to happen for the Great Tribulation to start? Here is a link to a related sermon video: Counting Down to the Great Tribulation.
When Will the Great Tribulation Begin? 2021, 2022, or 2023? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
The Philadelphia Church Era was predominant circa 1933 A.D. to 1986 A.D. The old Radio Church of God and old Worldwide Church of God, now the remnant of that era is basically the most faithful in the Church of God, like who hold to the beliefs and practices of the Continuing Church of God.
There is a Place of Safety for the Philadelphians. Why it May Be Near Petra This article discusses a biblical ‘place of safety,’ Zephaniah 2 to ‘gather together,’ and includes quotes from the Bible and Herbert W. Armstrong on fleeing to a place–thus, there is a biblically supported alternative to the rapture theory. Two sermon-length videos of related interest are available Physical Protection During the Great Tribulation and Might Petra be the Place of Safety?  Here is something related in the Spanish language: Hay un lugar de seguridad para los Filadelfinos. ¿Puede ser Petra?



Get news like the above sent to you on a daily basis

Your email will not be shared. You may unsubscribe at anytime.