Wednesday, April 15, 2020

A Day's Wage For A Loaf Of Bread


A Day's Wage For A Loaf Of Bread

BY DAN BAKER



"When He opened the the third seal, I heard the third living creature saying, 'Come'.  And I looked, and behold, a black horse, and he who sat on him had a pair of scales in his hand.  And I heard as it were a voice in the center of the four living creatures saying, 'A quart of wheat for a denarius; and do not harm the oil and the wine."  Revelation 6:6

The verse above is the description of the 3rd of 7 seal judgments of the 7 year tribulation, or 70th Week of Daniel.  My goal here is to bear out the possibility that we are now living in the circumstances that will lead to the fulfillment of this verse in the tribulation period.  

These circumstances are being driven by what is called Modern Monetary Theory, which is now being fully implemented by our government and the rest of the world.  I'll get into this in a minute. 

You can find various perspectives regarding the meaning of the above passage.  It is pretty much universal belief that a denarius was a about a day's wage when John wrote Revelation.  Matthew 20:2 seems to confirm it.  And a quart of wheat would make a loaf of bread.

This passage may be describing a situation where hyperinflation is rampant and those with little can barely pay for basic necessities.  However, in this not-so-distant period, the wealthy are not suffering, and still can have their treats. 

Today in the U.S. and the world, economic inequality, whether measured through the gaps in income or wealth between richer and poorer households, continues to widen.  According to the Pew Research Center, "the wealth gap among upper-income families and middle- and lower-income families is sharper than the income gap and is growing more rapidly".

The Brookings Institute says, "the top one percent of the usual income distribution holds over $25 trillion in wealth, which exceeds the wealth of the bottom 80 percent. That is more than all the goods and services produced in the U.S. economy in 2018".

So, in my hypothesis, what you have in this verse is the lower income strata struggling to survive while the elite wealthy are living their lives essentially unchanged.  The scales then would represent a lack of balance and fairness. 

So now comes the coronavirus.  My spidey sense is at 100%.  I try to get a 30,000 foot spiritual view of the situation.

This germ panic has prompted governments to declare a lockdown of the entire world economy.  The result of this lockdown is the most unprecedented (I know that's redundant) printing-fest of fiat currency in the history of the world.  Trillions of new dollars are being printed to ameliorate the economic hardships of the man-made economic shutdown.

Recently, White House economic advisor, Larry Kudlow said that the U.S. economic stimulus package will reach $6 trillion.  $4 trillion would be immediate liquidity (that means cheap borrowing and bloating of the money supply) and the other $2 trillion would be paychecks, essentially. 

Kudlow called it, "the single largest Main Street assistance program in the history of the United States".   Duh

The world is at full tilt printing new money.  Can you see the picture developing and the rationale behind my interpretation of Revelation 6:6?  Massive debt, hyperinflation, incredible wealth gap, economic depression.

What if the rapture happened right...now?



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