By: Kevin Thompson.
“And after these things I saw another angel come down from heaven, having great power; and the earth was lightened with his glory. And he cried mightily with a strong voice, saying, Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird…And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise anymore.” – Revelation 18:1-2, 11)
Some of you may have already read this before, but I would bet that the majority have yet to even attempt to read the book of Revelations. But, the point here is not how versed you are in scriptures but rather to bring light to the darkness that we have been experiencing all over the world financial systems. Unless you have been hiding under a rock for the last 5-6 years, we all have seen the economic breakdown and (in one way or another) felt its effect in all aspects of our lives. High unemployment, inflation, gas and energy prices at all-time highs, defaults and mortgage crisis, etc…and the list goes on and on.
But what does this all mean and how does it relate to you, today? Well, in order to understand where we are going we must first know the beginning. Well, that is the problem; the origin of our financial system today is not that old. Before the implementation of currency the barter system was our primary means of exchange/trade/business. If I have 4 sheep but no wheat and you have 4 bushels of wheat but no sheep, we can do a “trade” and everyone will end up a winner, or at least that is idea. But the problem with bartering goods for goods is that we could not put value or a standard representation on items. So in the case of the sheep and wheat, how many bushels of wheat is equal to one sheep or if I had no sheep but chickens instead, how many chickens will equal one sheep? Hopefully I did not lose you yet but this will soon make sense.
Currency was invented to eliminate such a problem because now we can all believe in the value of the currency and place a value on our goods. Simply put, I can now say my sheep is worth $100 and that money/currency will be a physical manifestation of value. And thus, now I can take that money and exchange, trade, or do business for something else of value like a car or even a house. This sounds like a great idea, and it was at least until we invented credit. Yes, credit! Credit became the demise of value and soon it spread like a virus which has taken over the host (our global economy) and it’s about to kill us. Yes us!
You see, credit unlike currency is backed on nothing more than trust. There is no tangible item to back up or collateralize this other than faith. Off topic: It is amazing how men will put all their faith in uncertainty but not God. Back on topic: Now that we have established a system of trust and built our whole economy around this weak and extremely volatile foundation (credit that is, not faith). Fast-forward to today and we are now experiencing the effects of a poor foundation. Jesus tells us in the book of Matthew:
“Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock. 25 The rain came down, the streams rose, and the winds blew and beat against that house; yet it did not fall, because it had its foundation on the rock. 26 But everyone who hears these words of mine and does not put them into practice is like a foolish man who built his house on sand. 27 The rain came down, the streams rose, and the winds blew and beat against that house, and it fell with a great crash.” – Matthew 7:24-27
This is the very reason why we are now getting ready to collapse or crash, because our financial system was built on credit, the world has taken its faith away from God (the solid rock on which we stand and placed it on money (an idol). So, like the sand on the beach it can easily be moved or influenced by elements (i.e. politics, greed, and wickedness in high places). This leads me back to the opening scripture at the top. “Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird.
We have seen more than ever before almost every day in the news stories of unthinkable wickedness, or the acceptance of lewd and uninhibited behaviors, or the wide spread acceptance of homosexuality (even in some churches) and most of all the increasing hatred for God. These things and more are all prophecy and things that we should be mindful of as followers of Christ and financially conscious believers. Though I speak mainly about finance, the message is bigger than “the mighty dollar”. This is our time as believers to be wise in all that we do in our finances, relationships, associations, and lifestyles.
“If any of you lacks wisdom, he should ask God, who gives generously to all without finding fault, and it will be given to him.” – James 1:5