{"id":4194,"date":"2010-07-27T06:59:53","date_gmt":"2010-07-27T14:59:53","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=4194"},"modified":"2010-07-31T12:34:32","modified_gmt":"2010-07-31T20:34:32","slug":"death-of-paper-money","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/death-of-paper-money\/","title":{"rendered":"Death of Paper Money?"},"content":{"rendered":"

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\nWorld Currencies<\/em><\/p>\n

<\/em>COGwriter<\/a><\/p>\n

The Telegraph <\/em>reported the following:<\/p>\n

The Death of Paper Money<\/strong><\/p>\n

Telegraph<\/strong>, London\u00a0– July 25, 2010 by Ambrose Evans-Pritchard…<\/p>\n

Japan…had a private savings rate …cushioning the effects of the long slump.<\/p>\n

The Anglo-Saxons have no such cushion.<\/p>\n

http:\/\/www.telegraph.co.uk\/finance\/comment\/ambroseevans_pritchard\/7909432\/The-Death-of-Paper-Money.html<\/a><\/p><\/blockquote>\n

While I am convinced that the British pound and US dollar, amongst other Anglo-Saxon currencies, will die and be worthless, this will not happen to all <\/em>paper currencies.<\/p>\n

Paper currencies are simply too convenient for all to completely go away.\u00a0 But Ambrose Evans-Pritchard is correct in his implication that the United Kingdom and the United States of America will likely go on even more of a money-printing experiment that will help destroy their currencies.\u00a0 He is also correct that the Anglo-Saxon peoples do not have the type of savings that the Japanese<\/a> historically have, and thus will not have the “cushion” that such savings provide to society.\u00a0 Ambrose Evans-Pritchard also mentioned that grains like rye and gold tend to be used as backing when paper currencies themselves are considered practically worthless.<\/p>\n

When the USA dollar, specifically, is perceived as worthless or almost worthless, people all around the world will doubt the value of all paper currencies.\u00a0 However, Bible prophecy reveals that about the time that the USA and its Anglo-allies are invaded (Daniel 11:39), a leader known as the King of the North<\/a>, will also invade Egypt and take its gold (Daniel 11:40-43).\u00a0 One of the reasons to do this likely will be to partially restore the “gold standard” so that people will be able to trust that his currency (the Euro, a Euro replacement, or basket of currencies).<\/p>\n

The idea of gold being amassed in the end time by a European leader is not only supported in the Bible in places like the books of Daniel and Revelation (cf. 18:9-16), it is also supported by both Roman and Eastern Orthodox<\/a> Catholic prophecies.\u00a0 Notice the following Orthodox prophecies:<\/p>\n

Saint Andrew Fool-for-Christ<\/em> (c. 4th century):\u00a0This king will rule…Happiness will reign in the world as it did in the days of Noah.\u00a0People will become very rich…The entire world will fear this king…he will pursue all persons of the Jewish religion out of Constantinople…and the people will rejoice like in the time of Noah until the deluge came God will reveal to this king all the gold\u00a0wherever it happen to lay concealed from view\u2026(Tzima Otto, H.\u00a0The Great Monarch and WWIII in Orthodox, Roman Catholic, and Scriptural Prophecies. Verenika Press, Rock City (SC), 2000, pp. 113,114).<\/p><\/blockquote>\n

Emperor Leo the Philosopher<\/em> (c. early 10th century): You will amass the gold of the nations…And you will be the leader of the surrounding powers…and those that are near will prostate themselves before your feet (Tzima Otto, pp. 76-77).<\/p>\n

To Emperor Manuel II<\/em> (d. 1425): …upon the command of the the good Emperor they will go and discover treasures of gold and silver and all this will be offered as a gift to the pious ones; later on more and more valuable treasures will be found and the Emperor will do with those treasures likewise (Tzima Otto, p. 102).<\/p><\/blockquote>\n

Recall also that Jesus warned that the coming again like the days of Noah would not be good (Matthew 24:37-39)–yet an Orthodox mystic had the opposite view.<\/p>\n

Roman Catholics<\/a> may wish to consider that those last three Orthodox predictions sound a lot like prophecies from two of their saints about Antichrist<\/a> (Ephrem is also an Orthodox saint):<\/p>\n

Saint Ephrem<\/em> (died 375): Antichrist will use worldly goods as bait. He will entice many Christians with money and goods to apostatize…The devil will help him find all the hidden treasures of the world, even those at the bottom of the ocean. With those treasures he will attain greater success for the reign of Satan than at any other time in past centuries (Connor, pp.73.74).<\/p>\n

Saint Mechtilda<\/em> (died 1299): Antichrist will, through base and false strategem, and with presents of gold and gems, attain influence over the worldly princes. They will look up to him as their Lord and God (Culleton, The Reign of Antichrist, pp. 133-134).<\/p><\/blockquote>\n

So does the Great Monarch amass gold with God’s help like Orthodox prophecies suggest or does he amass gold with the help of Satan as at least one Catholic saint and certain biblical prophecies (Daniel 11:43; Revelation 18) indicate?<\/p>\n

The answer should be obvious to all who wish to believe the God of the Bible.\u00a0 The Bible is clear that those who amass gold at the end time will find it is not the answer (James 5:1-5; Revelation 18:9-17).<\/p>\n

Catholics and Orthodox who compromise will likely be taken in by this lure of wealth. This is something that all (Catholics, Orthodox, and everyone else) need to ponder.<\/p>\n

The idea of gold be accumulated to support a European-backed currency while the US dollar tanks is discussed on page 333 of my book 2012 and the Rise of the Secret Sect<\/a>.\u00a0 And this appears to be what will happen.<\/p>\n

The death of the US dollar and Britain’s pound sterling is certain.\u00a0 But as Ambrose Evans-Pritchard indicated, it will likely take some time before it is obvious to most.\u00a0 Do you understand that?\u00a0 Are you prepared spiritually for that?<\/p>\n

For more information, please check out the following:<\/em><\/p>\n

What is the Meaning of Life?<\/a> Who does God say is happy? What is your ultimate destiny? Do you really know? Does God actually have a plan for YOU personally?<\/span>
\nAnglo \u2013 America in Prophecy & the Lost Tribes of Israel<\/a> 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?
\nEuropa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about \u201cthe Beast\u201d? Is an emerging European power \u201cthe daughter of Babylon\u201d? What is ahead for Europe?
\nWho is the King of the North?<\/a> Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand<\/span>? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? What MUST happen BEFORE the Great Tribulation?
\nWill the Anglo-Nations be Divided?<\/a> 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?
\nProphecies of Barack Obama? <\/a>Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist?\u00a0 This is a lengthy article with many prophecies that Barack Obama may end up fulfilling.
\nWhy Should American Catholics Should Fear Unity with the Orthodox?<\/a><\/span> Are the current ecumenical meetings a good thing or will they result in disaster?
\nCatholic Prophecies: Do They Mirror, Highlight, or Contradict Biblical Prophecies?<\/a> People of all faiths may be surprised to see what various Roman and Orthodox Catholic prophets have been predicting as many of their predictions will be looked to in the 21st century.
\nBarack Obama, Prophecy, and the Destruction of the United States<\/a> Some claim that Barack Obama is the prophesied \u201cson of Kenya\u201d. Might Bible prophecy be fulfilled by him?
\n2012 and the Rise of the Secret Sect<\/a> This is a link related to a book by Bob Thiel (COGwriter). This also has YouTube videos. This book documents and explains hundreds of prophecies. And since it was published, many have already started to come to pass.\u00a0 It is a spiritual and physical survival guide for what is coming to pass.
\n2012 y el surgimiento de la secta secreta<\/a> Nuevo libro del Dr. Thiel en Espa\u00f1ol.
\n2012 und das Auftreten der geheimen Sekte (German Edition)<\/a> 2012 Buch von Dr. Thiel in deutscher Sprache.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

World Currencies COGwriter The Telegraph reported the following: The Death of Paper Money Telegraph, London\u00a0– July 25, 2010 by Ambrose Evans-Pritchard… Japan…had a private savings rate …cushioning the effects of the long slump. The Anglo-Saxons have no such cushion. http:\/\/www.telegraph.co.uk\/finance\/comment\/ambroseevans_pritchard\/7909432\/The-Death-of-Paper-Money.html While I am convinced that the British pound and US dollar, amongst other Anglo-Saxon currencies, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4194","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t