A SHORT HISTORY OF THE U$ DOLLAR AS WORLD RESERVE CURRENCY - HOW THE FINANCIAL CRISIS WILL UNFOLD – BIBLICAL PROPHECY UNFOLDING TODAY

When the Lamb opened the third seal, I heard the third living creature say, “Come!” I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “Two pounds of wheat for a day’s wages, and six pounds of barley for a day’s wages, and do not damage the oil and the wine!” Revelation 6.5-6

This short recent history of the U$ dollar as the world currency will help us understand the coming financial transformation and the opening of the third seal in Revelation.

In 1971 the U$ dollar was backed by gold. Gold was priced at $35 per ounce. This system, set up after World War II, was called the Bretton Woods Agreement. https://en.wikipedia.org/wiki/Bretton_Woods_system

It established the U$ dollar as the new world reserve currency backed by gold. This gave the USA great financial power over the nations. Nations now had to have U$ dollars in reserve in order to conduct trade. A new order was begun.

In the late 1960’s French President Charles de Gaulle decided to demand the US pay him gold for the U$ dollars he had in reserve. If other countries would follow suit the USA would not have enough gold to pay out.

President Nixon and Henry Kissinger came up with a plan to get the USA off of the gold standard and still keep the gold stockpiled in Fort Knox, Kentucky. https://www.thebalance.com/what-is-a-petrodollar-3306358

They made a deal with Saudi Arabia and the OPEC nations that in return for USA protection all oil would be sold on the world market in U$ dollars only. This became known as the Petro-dollar. Nixon removed the dollar/gold link. Gold could no longer be demanded for U$ dollars.

As a result, the value of the U$ dollar plummeted. That helped the U.S. economy as its export values also decreased, making them more competitive. A falling dollar hurt oil-exporting countries because contracts were now priced in U.S. dollars. Their oil revenues dropped along with the dollar. The cost of imports, denominated in other currencies, increased. The USA was in control.

The U$ dollar now ruled the world. In order to purchase oil countries must have huge reserves of dollars. This would allow the USA to expand credit and eventually the world was now controlled by the U$ dollar trading system. We could expand credit because these countries had to have billions of dollars as reserves.

Our generation became very comfortable and accustomed to buying goods and services on credit. Today in 2020 our official debt is more than $28 trillion dollars—but that doesn’t count all the social welfare programs, grants, social security, and other spending. Add that in and the debt is 100’s of trillions more.

A great advantage of being the world’s currency has allowed the USA to project its power and will upon other nations. If they do not do as we say they receive no aid. When they do receive aid through World Banks they become indebted to us and now must obey our directives.

The greatest advantage to the US is the ability to put sanctions on other nations. An example are the sanctions on Iran. All banking had to go through the US system in order to process the dollars required for oil and other trade. The USA has the ability to bring down a nation’s entire economy through sanctions.

When I first began prayerfully studying the world and US banking and financial system this was all working—But things began changing right around that time.

Led by Russia and China our enemies determined to find a way around the sanctions. They were no longer going to be dictated to by the USA. This all began to happen after the terrible 9/11 event which in fact was the opening attack on the USA Financial system.

First - China and Russia began to buy tons and tons of gold bullion each and every year. They began stockpiling the precious metal. They still are.

Second – They began to develop their own banking and credit card clearing system. Prior to this they had to use the SWIFT system controlled by the US. https://www.investopedia.com/articles/personal-finance/050515/how-swift-system-works.asp

Third – They began to make trade deals with each other to trade in their own currencies and if need be, GOLD.

Fourth – Saudi Arabia has quietly made deals with Russia, China, and others to sell oil in gold or Russian and Chinese currency.

During the years between 2009 and 2015 my studies were on how this was all being set up. Sometime later I began reading articles on how this was now established and in operation. As I write, these countries are operating on their own system and also using dollars in other transactions in order to rid their treasuries of US dollars and other Financial instruments.

The third seal of the Book of Revelation is being unsealed.

The Corona Virus has accelerated the unsealing. The Federal Reserve and the US Congress are now pumping trillions of dollars into the US economy to keep it from collapsing. They most likely will succeed in propping up the US economy for a short time.

Then the economy will heat up and come back strong—inflation will raise its ugly head and prices of goods and services are going to increase dramatically. We are in the first phase of financial collapse.

President Trump is beginning the nationalization of the Fed. The US government is taking control. If the Fed collapses the US government will take over.

The next phase will lead the world towards a new world order currency. The US will not be able to control the world with dollars when the economy collapses. I don’t know how long this will take to play out.

Now is the time to prepare. You can make some simple preparations.

The Lord will provide but…The prudent see danger and take refuge, but the simple keep going and pay the penalty. Proverbs 22.3

There are simple things you can do. Have some extra food stuffs and things you might need for at least three months. Have some extra cash on hand in case the banks are closed. What if the electronic card system shuts down? There are other things you may do…ask for personal direction from the Father.

Some have said to me, “I don’t have to prepare the Lord will take care of me.” My response is, “Yes, He will, and you will become a burden on your brother who was prepared.” Pull your weight. Many will be totally unprepared. This virus is a warning.

A financial collapse will be much worse than the virus. It will be complete chaos. You can hide yourself in the shadow of His wings and be prepared. There is time. It is coming. Take advantage of the time we have been given. It is coming.

Be blessed, be safe, be wise. He is giving us warning.