I was surprised while reading my copy of USA Today that it had a rather favorable review of Rep. Ron Paul’s book, End The Fed (see link below). It wasn’t that long ago that Ron Paul was seen as a Congressional gadfly. His views have now gone mainstream. Indeed, so many members of the US House of Representatives have signed on as co-sponsors to Rep. Paul’s bill to do a comprehensive audit of the Fed that the bill would easily pass the House if it was brought to the floor for a vote. His bill has a respectable number of sponsors in the Senate, but not enough to pass it outright yet.
Since the USA Today is part of the mainstream media, I was surprised to see such positive things said about Rep. Paul’s book in its book review today. The reviewer wrote such things as “Paul offers a cogent defense of his position,” and “Paul makes a strong case for sound monetary policy.”
Ron Paul is cited as writing in his book “The Federal Reserve should be abolished…because it is immoral, unconstitutional, impractical, promotes bad economics and undermines liberty.” Paul’s book also is quoted as saying that “the Fed ‘can create trillions of dollars and distribute them to its cronies without congressional oversight.'” The book review lists many things that Paul says is wrong about the Fed, but the most pithy one in my viewpoint is his assertion that the Fed has a “monetary policy that benefits bankers, rather than the common man.” The review also notes that the Fed was created by a secret conclave of bankers and government officials in Jekyll Island, GA in 1910.
As a number of my blogs have noted, Revelation 17-18 prophesies that an oddly-described alliance of nations called the “seven heads and ten horns” will overthrow the global system called “Babylon the Great” in the latter days just before a new global system led by a new world leader called the “beast” is put in place. There have been many rumblings that the current global system of world finance and commerce is in trouble, as previous blogs have documented. Media reports about the recent G-20 meeting in Pittsburg indicate that major changes in global commerce and monetary systems are being considered by the G-20 nations. I wonder how many of the “seven heads and ten horns” are already represented among the nations of the G-20? I’ll bet that many of them are in the G-20 as nations as diverse as Russia, China, Germany, France and others have called for a new global reserve currency to replace the US dollar.
That last phrase is italicized as it has a possible connection to the efforts to abolish the US Federal Reserve Board. Ron Paul is not alone in his animus toward the Fed. Germany’s Angela Merkel, who was just elected to an even stronger position of leadership than she previously held (the way Germany’s coalition politics work) has openly criticized the US Federal Reserve Board. This would have been unheard of a few years ago. It is the Federal Reserve Board that prints US dollar currency and “creates” those trillions of dollars that Ron Paul’s book discusses. If the Fed is audited and eventually abolished, the entire global system of central banks and world commerce as we have known it (i.e. “Babylon the Great”) could collapse and fall. Who will create and control US dollars if the Fed disappears?
Because Revelation 17-18 foretell that the current global system will fall in the latter days, and it is easy to prove that we are living in the latter days [see my article at this website: Are We Living in the Biblical Latter Days?], such a major event should be expected in the years ahead of us. I won’t predict a date for this event as I do not know when it will happen. However, God has always implemented his biblical prophecies and promises that he will always do so (Isaiah 41:21-26), so it will happen. The US Federal Reserve Board may be the “beating heart” of Babylon the Great’s current system, and political fault lines are starting to appear underneath the US Federal Reserve Board. I wonder how much longer we will have to wait to see this prophecy fulfilled? When this fall occurs, we will have to see if there is a seamless transition to a new global “beast” system or if there will be a period of global instability before the beast system emerges. Either option would be consistent with biblical prophecies, but I’d bet on a period of instability simply because the longer and deeper the period of instability, the more willing the nations will be willing to yield some of their sovereignty to the “beast” leader in order to “fix the system” (Revelation 17:12).
Keep in mind that just because the final world leader is called the “beast” in biblical prophesies does not mean this leader will be “bestial” in his demeanor or initial policies. Indeed, I think the beast leader will be charismatic, popular and unifying in his personal appeal and in his policies. He is prophesied to be closely connected to a religious/spiritual leader who will emerge as the “antichrist” or “false prophet.” This latter religious figure will have to have some kind of personal appeal to many Christians/Believers. How else could Matthew 24:24’s prophecy come to pass that “even the very elect” of Jesus Christ’s followers will nearly be “deceived” by him? Don’t envy either the beast or false prophet. Their dominance will last only 42 months (Revelation 13:5) and they will come to a very bad end (Revelation 19:20). After their end, Jesus Christ/Yahshua and his saints will rule the earth for 1,000 years (Revelation 20:1-4). Even though there are prophesied hard times to come in the years ahead of us, the end result of all that will happen is that God (and God’s people) will win! Comfort yourself with that thought.