Round Table Discussion

The National Debt and Inflation – Part of America’s Judgment and Return?

  • Every 1% increase in interest on federal debt = $280Bn increased interest cost
  • 10% interest would be $2.8Tn/year in debt service alone
  • the entire tax base is $3.5Tn/year
  • 10 year treasuries were over 10% from 1979-1985

What is Jesus’ answer ?

Perhaps it lies in Hosea 2…

(v5-7) For she said, ‘I will go after my lovers,
Who give me my bread and my water,
My wool and my flax, my oil and my drink.’
Therefore, behold, I will obstruct her way with thorns,
And I will build a stone wall against her so that she cannot find her paths.
And she will pursue her lovers, but she will not reach them;
And she will seek them, but will not find them.
Then she will say, ‘I will go back to my first husband,
Because it was better for me then than now!’


The Return

Did anyone watch or attend “The Return” this year? Jonathan Cahn peculiarly took a clay pot, spoke a word out of Jeremiah about it and proceeded to smash it. The crowd cheered.

Here is the clip:

But anyone who’s read Jeremiah 19 or chapter 29 of Harbinger II (“The Plague”) knows that this is a sign of national judgment.

Inflation

10 year treasury yields are on the rise. This could speak to future inflation.  

China, Iran, Inflation?

Premise: China’s unsanctioned purchases of oil and energy from rogue nations (Iran, Venezuela, etc.) could potentially further catalyze the world away from settling energy purchases in dollars (petrodollars), especially post-pandemic. This then could help further establish the Yuan as a viable settlement currency, and with it, further challenging the dollar as the world’s reserve currency. If the US loses its the position as the world’s reserve currency, the dollar will weaken, interest rates will rise in order to attract bond buyers and inflation could take off as the purchase prices of imported goods and services climbs (US runs trade deficits).

The Coming Perfect Storm

John Paul Jackson prophesied inflation as part of the Coming Perfect Storm:

Will there be Deflation – Stagflation – Inflation – or Hyperinflation? – all these. They are waves on the quickly changing economic sea. What has worked in the past will work for only a brief time in this era.”

John Paul Jackson

WWJD?

Then they asked him:

“What must we do to do the works God requires?”

Jesus answered, “The work of God is this: to believe in the one he has sent.”

John 6:28

WWJ-the-BD?

In those days John the Baptist came, preaching in the wilderness of Judea and saying, “Repent, for the kingdom of heaven has come near.” This is he who was spoken of through the prophet Isaiah: “A voice of one calling in the wilderness, ‘Prepare the way for the Lord, make straight paths for him.’”…

“Produce fruit in keeping with repentance.”

Matthew 3:1-3,8