OPEC supporting Saudi Arabia: More inflation coming!

While @POTUS accuses UAE AND KSA of colluding with Russia, especially since #opec+ decision to slash oil production, @ZelenskyyUa thanked #UAE for the effective support of the sovereignty and territorial integrity of Ukraine. 🤷‍♂️🤷‍♂️@WhiteHouse @ABlinken

— Nadim Koteich (@NadimKoteich) October 18, 2022

COGwriter

Have we been having inflation?

Yes.

Will it one day get much worse for places like the USA?

Yes.

Notice the following:

Several of Saudi Arabia’s partners in OPEC+ are lining up behind the kingdom in its dispute with the United States over the recent oil production cut, rejecting the U.S. contention that the decision amounted to siding with Russia, against U.S. interests.

The Biden administration has not commented directly on Riyadh’s claim that it had turned down a suggestion – apparently made by the U.S. – to hold off on a decision on oil output for a month, a delay that would have postponed the matter until just before the U.S. midterm election.

National Security Council Coordinator for Strategic Communications John Kirby late last week described as “spin” the Saudi defense of the OPEC+ decision on October 5 to reduce production by two million barrels a day, but did not directly address the claim of a requested one-month delay. …

OPEC+ … group’s major members, including the United Arab Emirates, Iraq, Kuwait, Algeria and Oman, have thrown their support behind Saudi Arabia in recent days.

Iraq, the UAE, and Kuwait are respectively the third, fifth, seventh biggest oil producers among the 23 current members of OPEC+. https://en-volve.com/2022/10/18/oil-dispute-saudis-opec-partners-side-with-kingdom-against-us-criticism/

Presuming Saudi Arabia and OPEC reduce oil production, this will lead to high or even higher oil prices.

Higher oil prices lead to higher fertilizer and transportation costs, which affects food price inflation.

The Bible warns:

5 When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. 6 And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” (Revelation 6:5-6)

Either this horseman has begun to ride, as we are seeing food price inflation in the USA, Europe, Africa, and other parts of the world OR the ride will begin in the future.

Either way, food price inflation has not peaked and will get worse.

Yes, the worst is yet to come.

Last month, CNN, however, published the following:

The worst of inflation finally might be over

September 11, 2022

Economists are currently forecasting that consumer prices for August will fall slightly from July and that prices were up 8.1% over the past 12 months. Of course, 8.1% is still incredibly high by historical standards but it would be a notable slowdown from the June’s 9.1% year-over-year spike in prices. “We probably have seen the peak on inflation. Food and energy prices are coming down. There is more room to the downside,” said Joe Kalish, chief global macro strategist with Ned Davis Research. https://www.cnn.com/2022/09/11/investing/stocks-week-ahead-inflation/index.html

In response to the above I posted:

No, we have not seen the peak on inflation, though there will be fluctuations in the rates, particularly monthly ones.

Furthermore, the way that inflation has been officially reported has understated what has been happening.

More inflation is coming–and with potentially devastating consequences. (Thiel B. CNN: The worst of inflation finally might be over ‘ COGwriter: No, the worst is yet to come. COGwriter, September 11, 2022)

Notice also is something from my 2021 book, Biden-Harris: Prophecies and Destruction:

Joe Biden will have to deal with the fact that the U.S.A. is the most indebted nation in the history of humanity. Plus, he has pledged increasing it further [^{The Biden Emergency Action Plan to Save the Economy. JoeBiden.com, accessed 12/16/20}].

Debt is a prophesied problem (cf. Habakkuk 2:6-8). But many in the media as well as politically-inclined economists do not see it that way—but that is too short sighted (cf. Ecclesiastes 8:11).

The time will come when the U.S.A. government will no longer be able to borrow at low interest rates and/or it will create more money electronically and/or via the printing press to try to continue.

Make no mistake about it — massive inflation is coming.

The U.S.A. dollar will ultimately crash and be worthless. That “pride” of American power will be broken (cf. Leviticus 26:19).

A Biden-Harris Administration has asserted it will take debt raising steps. …

The Economy

While pushing biblically immoral ideas is bad for the economy, it should be noted that economies vary. A modern reality is that being the world’s de facto reserve currency has helped prolong the U.S.A.’s dominance.

When the U.S. dollar is no longer the world’s reserve currency, this will hurt the U.S.A. financially. Increasing debt, including “quantitative easing,” is a form of dishonest profits that is not something that God approves of and will punish the U.S.A. for (cf. Ezekiel 22:13-16).

Inflation will eventually hit the U.S.A. extremely hard. As the world becomes less attached to the American dollar, many financial jobs and opportunities will be in places other than the U.S.A. Eventually, but not yet, the U.S.A. dollar will become worthless (worth no more than the scrap or sentimental value of the cotton-paper it is printed on).

Will it always be straight downhill for the economy of the U.S.A.?

No.

There are some reasons to have some temporary optimism. The longer there is some economic stagnation in parts of the economy that governmental COVID-19 policies contributed to, the more demand tends to build up, and an increase in demand may prolong the economy. In addition, technological and other developments may temporarily support the U.S. economy—as can reductions of regulatory burdens.

Some policies of the Biden-Harris Administration may help. Others see problems. The Biden-Harris team looks to increase various regulations and impact some industries negatively (such as the fossil fuel industry). Various ones see their proposed policies and cabinet selections as a refreshing change that they hope will fuel economic growth and shared prosperity.

Notice what was told to a king whose was prophesied to lose his kingdom:

²⁷ Therefore, O king, let my advice be acceptable to you; break off your sins by being righteous, and your iniquities by showing mercy to the poor. Perhaps there may be a lengthening of your prosperity. (cf. Daniel 4:27)

Repentance can prolong prosperity, but promotion of sin leads to destruction. But, it is not expected that Joe Biden or Kamala Harris will push for scriptural national repentance. (Thiel B. Biden-Harris: Prophecies and Destruction. Nazarene Books, 2021)

The history of the US government increasing debt, which it has accelerated because of policies related to COVID-19, is setting the stage for more inflation.

That, combined with droughts, floods, soaring fertilizer costs, sanctions, and the conflict between Russia and Ukraine (both of which are significant suppliers of several of the foods that Revelation 6:5-6 will become more expensive) push food price inflation.

Notice something else from the old Worldwide Church of God 47 years ago:

The black horseman’s future ride will reduce the proud faces of white America, Europe, and the British Commonwealth into the blackened skin of starvation such as now afflicts the vast majority of mankind. (Alexander G. The Four Horsemen of the Apocalypse. Ambassador College Press, Pasadena (CA), 1973, p. 31)

Sadly, since many leading, so-called ‘economists’ are political hacks and/or have a political agenda, do not expect too many prominent ones to have sufficient influence to resolve the problems in the USA.

The truth is that the USA is setting itself up for massive inflation as well as food shortages.

The time will come when the USA dollar will be worthless.

As far as inflation and money goes, the Continuing Church of God (CCOG) put together the following Bible News Prophecy video on our Bible News Prophecy YouTube channel, the audio portion of which was sent for broadcast on the European Gospel Radio station AM 1323 kHz last Monday 21:30-21:45 (9:30-9:45 PM) European Central Time:

15:26

Inflation: When Money Fails

Inflation has been higher in 2022 than it has been for decades in the USA, Europe, and many other lands. What are some of the disruptions that inflation can cause? What about hyperinflation affecting places like Venezuela? Did the Book of Haggai predict inflation? Is food price inflation associated with the ride of the third horseman of the Apocalypse? Does sin and government mismanagement cause inflation? Are there physical things one can do about inflation? What about storing food or buying gold? Will gold outlast the USA dollar? Why might some throw their gold in the street as Ezekiel prophesied? What should God’s people do about inflation? What did Jesus teach about food worries? What about seeking the Kingdom of God? Steve Dupuie and Dr. Thiel cover these matters.

Here is a link to our video: Inflation: When Money Fails.

Hyperinflation will hit the USA and its results will be worse than almost anyone realizes.

As far as signs consistent with the rides of the horsemen of the Apocalypse, the Continuing Church of God put together the following video on our Bible News Prophecy YouTube channel:

24:08

These Signs of the 4 Horsemen Have Begun

Are we at the time of the ride of at least some of the four horsemen of the Apocalypse? If so, are many prophecy watchers missing signs associated with them? History shows that authoritarian totalitarian regimes tend to arise after famines and/or pestilences. Those are events associated with three of the four horsemen of the Apocalypse. Could the beginning of sorrows, and the associated ride of the first horseman of false ecumenical religion, have started in the Fall of 2009? What is the significance of this rider having a bow? Is Satan the prince of the power of the air? Did Dr. Thiel warn of a prophetic threat of a “novel” coronavirus back in 2013? Could COVID-19 been related to the taking away the peace from the earth that is associated with the ride of the red horse, the second horsemen of war? What are some of the ramifications of the Russia-Ukraine military conflict and the opening of the second seal? Was Amos inspired to write that God does nothing without revealing it to his servants the prophets? Who warned of these matters? The ride of the third horse, the black horse of famine and food price inflation–specifically wheat, barley, edible oils, and wine. Since Ukraine is a major exporter of the first three, could this, as well as fertilizer shortages, have anything to do with the ride of that horseman? The pale horse of the fourth seal mentions one-quarter of humankind being subject to being killed by the sword, hunger, and pestilence–will this be a factor in the rise of the Beast of Revelation 13? Is persecution associated with the start of the Great tribulation and the rise of the Beast? Why is the Beast going to be in charge of a European-based empire? Will the opening of the first four seals and the starts of the rides of the four horsemen of the Apocalypse get Europe to reorganize such as is prophesied in Revelation 17:12-13? What does Jesus say you should do? Dr. Thiel addresses these matters and more in this video.

Here is a link to our video: These Signs of the 4 Horsemen Have Begun.

Food price inflation has not peaked.

Some items of possibly related interest may include:

Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos. Here is a link to a related sermon: Physical preparedness for Christians.
Four Horsemen of the Apocalypse What do each of the four horseman of the Apocalypse represent? Have they began their ride? Did Jesus discuss the any of this? Might their rides coincide with the “beginning of sorrows? Do they start their ride prior to the Great Tribulation? Did Nostradamus or any other ‘private prophets’ write predictions that may mislead people so that they may not understand the truth of one or more of the four horseman? There is also a related YouTube video titled Sorrows and the Four Horsemen of the Apocalypse.
Fourth Horseman of the Apocalypse What is the pale horse of death and pestilences? What will it bring and when? Here is a link to a related sermon: Fourth Horseman, COVID, and the Rise of the Beast of Revelation. Some shorter related videos may include Amphibian Apocalypse: Threat to Humans? and Zombie Deer Disease is Here! Are the 10 Plagues on Egypt Coming? Here is a version of the article in Spanish: El cuarto jinete de Apocalipsis, el caballo pálido de muerte y pestilencia.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2029 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
When Will the Great Tribulation Begin? 2022, 2023, or 2024? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to four related sermons: The Fantastic Gospel of the Kingdom of God!, The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.
Might the U.S.A. Be Gone by 2028? Could the USA be gone by the end of 2028 or earlier? There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.