Has the United States of America been debasing its currency and turning it into dross? Some think so. What does the Bible teach about that?
Related those matters, the Continuing Church of God (CCOG) put together the following Bible News Prophecy video on our Bible News Prophecy:
Dross and the US Dollar
More and more are having concerns about the US dollar. To a degree, the economy of ancient Rome was based on a silver coin called the denarius. However, as access to silver was limited and the government of Rome wanted to spend more money, emperors began to degrade the denarius by putting less and less silver into it, until it became a bronze coin. Basically, the denarius became dross. Up until 1964, American silver coins contained silver–actually they were 90% silver by weight. But in 1965, the USA changed that and eliminated all silver from its dimes and quarters, and several years later from its half dollars. The Bible specifically warns against turning silver into dross. ‘Dross’ was the scum that would float to the top when metals were being refined, and was discarded. Another way to turn money into dross is to print paper with no backing. The US dollar used to be backed by gold, but now it has no real backing. And to make matters worse, the federal government continues to print more of it only backed by ‘pledges’ known as US Treasury notes–debt. The prophet Habakkuk warned that a heavily indebted nation would be conquered by its creditors. Could that happen to the USA? Are there dire consequences in turning the dollar into dross? Dr. Thiel and Steve Dupuie discuss these issues.
Here is a link to our video: Dross and the US Dollar.
The Bible points out that the descendants of Jacob and Joseph are God’s people (Psalm 77:15; see also Anglo – America in Prophecy & the Lost Tribes of Israel). But, instead of repenting, the USA has been pushing a pro-homosexual, pro-abortion, pro-violence, and pro-debt message. The shock that will come to the USA and the rest of the world (Revelation 13:4) will not just be the end of the USA’s financial dominance, but the end of it militarily (Daniel 11:39).
Some items of possibly related interest may include:
HABAKKUK Here is a link to the article Commentary on Habakkuk and the End of the United States. God gave Habakkuk a message on living by faith. Did God give a prophecy concerning debt and the destruction of the United States? Here is a link to a related sermon: Habakkuk: Faith, USA’s End, & Jesus’ Return.
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What About Silver? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold and silver? Two videos of related interest may be: Germany, Gold, and the US Dollar and Silver, Science, and Scripture.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.