Jesus answered them and GAVE THEM THE SIGN: “When ye therefore shall see the ABOMINATION OF DESOLATION, spoken of by Daniel the prophet, stand in the holy place, (whoso readeth, let him understand:)...” Mark reported: “But when ye shall see the ABOMINATION OF DESOLATION, spoken of by Daniel the prophet, standing where it ought not, (let him that readeth understand)” Luke's Report TELLS US PLAINLY what we're supposed to "UNDERSTAND": “And WHEN YE SHALL SEE JERUSALEM COMPASSED WITH ARMIES, THEN KNOW that the DESOLATION THEREOF is nigh.” The END-TIME ANNIHILATION of JERUSALEM IS THE ABOMINATION OF DESOLATION!! (Mat 24:15, Luk 21:20, Mar 13:14) ..... Let's TURN ON THE NEWS and see if armies are CURRENTLY surrounding Jerusalem?? --clark


I heard an interview on Fox News where Ben Bernanke was quoted… admitting that the Fed’s “loaned” hundreds of billions to the banks.   I wanted to back this up by googling the interview.  Google seems to be blocking this story… so I went to Yahoo Search.  I found it immediately.
Out of many hits I picked this link and learned the interview was originally on 60 minutes:

[ November 14, 2010 UPDATE:  It appears that these video-clips of Bernanke's admission have BEEN REMOVED from the Internet.  The quote below IS ACCURATE]
Asked if it’s tax money (the hundreds of billions the Fed is “loaning”), Bernanke said,

“It’s not tax money. The banks have accounts with the Fed, much the same way that you have an account in a commercial bank. So, to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed. It’s much more akin to printing money than it is to borrowing.

The interview continues…
“You’ve been printing money?” Pelley (60 minutes reporter) asked.

Well, effectively,” Bernanke said. “And we need to do that, because our economy is very weak and inflation is very low. When the economy begins to recover, that will be the time that we need to unwind those programs, raise interest rates, reduce the money supply, and make sure that we have a recovery that does not involve inflation.”

This is “creating” “dollars” out of thin air… this system is leading us into a massive hyper-inflationary catastrophe!  The Bible prophecies such inflation in Revelation 6: 6-7

I think the Bible actually gives us the inflation rate:

Seal #3: Opens with a black horse, the rider holding measuring scales, and a voice saying: "A measure of wheat for a penny, and three measures of barley for a penny..." This predicts MASSIVE INFLATION since a "penny" translates as "a denarius: a Roman silver coin being equal in value to 16 asses" and "a measure: is less than one US quart".  In January 2009 I researched the current price of a donkey in the USA and the average is $824.  Sixteen asses would be about $13,184. So, it appears, early in the Tribulation some will be paying over a $13,000 value for about one quart of wheat or the same $13,000 will almost buy 3 jars of barley (see Rev 6: 5-6)—clark

As always comments appreciated, Clark Callear

1 comment:

  1. How does $120 for a loaf of bread sound?

    My son just set me straight about the values and definition of "asses:"

    On 8/20/2014 12:46 PM, Zach wrote:
    > A denarius is indeed worth 10 asses, but "10 asses" doesn't mean "10 donkeys". An "as" (plural "asses") is a Roman coin, and according to Wikipedia, here are some values for asses in Rome in the 3rd century AD:
    > Farm laborer monthly pay, with meals = 400 asses
    > Teacher's monthly pay, per boy = 800 asses
    > Barber's service price, per client = 32 asses
    > 1 kg of pork = 380 asses (1 lb = 170 asses)
    > 1 kg of grapes = 32 asses (1 lb = 15 asses)

    That would explain why other Bible translations say 10 asses is equivlent to "one-day's pay."

    So... if we estimate a current day's pay to be $120 US... we are even coser to Rev. 6:6 than I thought--clark