Over one million have coronavirus; Trillion dollar platinum coins the solution to US COVID-19 debt?

Platinum USA $100 Coin

The reported cases of the novel coronavirus continues to rise:

Coronavirus cases top 1 million globally

April 3, 2020

The novel coronavirus has infected more than 1,030,000 people and killed more than 54,000 worldwide, according to Johns Hopkins University.

The US has reported more than 245,500 cases, with more than 6,000 deaths.

The total includes cases from all 50 states, the District of Columbia and other US territories, as well as all repatriated cases. Wyoming is the only state not reporting a death from coronavirus. https://www.cnn.com/world/live-news/coronavirus-pandemic-04-03-20-intl/index.html

There are personal as well as massive economic costs associated with it and the handling of it by various governments.

Notice also the following:

March Jobs Disaster: 701,000 Jobs Lost, Unemplyment Rate Soars Most In 45 Years As US Slides Into Depression

April 3, 2020

BLS reporting moments ago that a whopping 701K jobs were lost in March, 7x more than the 100K expected, and just shy of the worst payrolls prints recorded during the financial crisis.

That this happened well before the worst of the cronavirus induced coma hit, suggests that what comes next will be truly biblical. …

And now we brace for April, when the really ugly number will be revealed, and when according to some, the US economy may lose as many as 10 million jobs. https://www.zerohedge.com/markets/march-jobs-disaster-701000-jobs-lost-unemplyment-rate-soars

The loss of sales taxes (VAT in many parts of the world), income taxes, etc. will have a major impact on local, state/regional, and national governments. Yes, an economic depression, to a great degree caused by governmental restrictions related to COVID-19, seems imminent.

So, the US continues to increase its massive debt by various shelter in place and business restrictions as well as by authorizing more debt backed spending. Europe is also increasing its debt.

One absurd US solution to pay off its debt is to issue trillion dollar platinum coins:

Nations are going through trying times, and they have to get creative in the fight against the coronavirus pandemic. In the United States, Democratic Congresswoman Rashida Tlaib is among those who say that extraordinary circumstances require extraordinary responses.

A couple of days ago, Tlaib, who represents a district in Michigan that includes part of Detroit, introduced a bill in the House of Representatives to make life easier for people during the COVID-19 crisis. She proposed sending everyone a debit card loaded and then reloaded with at least $1,000 (€914) every month “until one year after the end of the coronavirus crisis.”

You could call that a basic income, and the very idea sounds fairly intriguing. However, just how the measure is meant to be financed looks more than a bit bizarre to many. Tlaib proposes minting two platinum coins with a face value of $1 trillion each.

Cool or just silly?

To many observers it looks like one of the wackiest proposals ever pondered in the context of easing America’s financial woes. While some are still debating just how much money will be required in terms of aid packages in the US, others are warning of the financial fallout of increased spending.

For the first time in US history, public debt could hit the $25-trillion mark this year. Several trillions are needed to cushion the impact of the coronavirus alone. But because the US administration is not allowed to have the Federal Reserve print or rather digitally create more money just like that, it usually issues new sovereign bonds.

But there’s another option, says Rashida Tlaib, basically because of a legal loophole still in place.

While the US Treasury Department is not allowed to mint coins made of copper, silver or gold, it is allowed to mint platinum coins and make them legal tender. This goes back to a 1997 law originally relating to commemorative coins. There are no known restrictions as to the face value of such coins as long as they contain a certain amount of platinum. …

The idea dates back to the 2007/2008 global financial crisis, but both the government and the central bank turned it down back then. This time around, the chances of the proposal becoming a reality are just as slim. 04/02/20 https://www.dw.com/en/us-fighting-coronavirus-induced-debt-with-two-trillion-dollar-supercoins/a-52991692

Now, this idea was also floated publicly seven years ago to deal with various debt issues the US had, but it was not implemented then:

US ‘seriously’ considering $1 trillion coin to pay off debt

7 January 2013

The US is “seriously” considering creating a $1 trillion platinum coin to write down part of its debt to stop the world’s largest economy defaulting as early as next month, according to financial analyst Cullen Roche. http://www.telegraph.co.uk/finance/financialcrisis/9784898/US-seriously-considering-1-trillion-coin-to-pay-off-debt.html

11 January 2013

The real purpose of the trillion-dollar-coin idea might be too obvious to need stating: It’s another thing to argue about instead of attending to the actual problem…the Treasury is using various accounting maneuvers to keep on spending anyway. Its estimate of how long that can go on, if tested, will likely prove conservative. After these maneuvers, there’ll be more maneuvers…

the Treasury can keep borrowing regardless, citing the 14th Amendment, pushing the issue to the courts, which I’m willing to bet wouldn’t rule to put the country into default. Or it can mint ultra-high-value coins, the current fave topic. Or it can more mundanely issue IOUs, following Califormia’s example. Assuming the confusion doesn’t cause the U.S. to default by accident, the biggest cost in all this is damage to the country’s reputation. http://www.bloomberg.com/news/2013-01-11/platinum-coins-and-other-amusing-distractions.html

The USA’s governmental handling of debt and certain other economic issues will make it the economic laughing stock around the world.

The basic proposal is/was to change the denomination of something like a $100 coin (the coin shown at the beginning had a face currency value of up to $100 when it was made) to $1,000,000,000,000 and this will pretend to pay down the debt by a trillion dollars–this is a DISHONEST PROFIT. The reality is that the above and other games (“quantitative easing” comes to mind) may continue to “kick the can down the road” for a while, but not forever. The USA needs to produce more and spend less. Producing a coin containing about $1,000 of platinum does not produce a trillion dollars worth of goods/services. But some in the USA wants to pretend otherwise.

As morally wrong as pretending platinum coins are worth a trillion dollars each and can pay down some, or perhaps nearly all in the future, of US debt would be, do not be surprised if something like this happens in the future. The US simply cannot afford paying interest on the debt and something absurd may well be agreed to in Washington, D.C. to pretend to erase the debt. The US Federal Reserve has been playing paper games (essentially ‘legally’ counterfeiting money) through its quantitative easing as ‘asset’ purchasing programs, off and on, for years.

Now, the USA has been able to get away with its financial shenanigans better than many other nations for several reasons. But the major one is probably because the world still accepts the US dollar (for many reasons) as its reserve currency. Increasing debt, however, is increasing increased national investments in gold and currencies other than the US dollar for many countries. Some nations are trying to eliminate the U.S. dollar as the world’s reserve currency, and the United Nations has urged countries to do that. Yet most still use /have a lot of U.S. dollars.

However, when the U.S. dollar is no longer the de facto reserve currency for the world, this will hurt the U.S.A. financially.

Notice how Ezekiel’s writings confirm that those who made profits improper will be punished:

13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. (Ezekiel 22:13-15)

Borrowing money that will not be paid back, as well as pretending that less than $1000 worth of platinum is worth $1,000,000,000,000 is a “dishonest profit.” The American and British peoples have been living on debt and dishonest profits for the past several years–and the “solution” seems to be to continue to do so.

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, the U.S.A. dollar will become worthless.

At some point in time, the USA will likely start to experience massive inflation. And afterwards, its creditors will rise up (Habakkuk 2:7).

The Bible warns against the type of moral decline that is occurring in the U.S.A.:

12 Therefore thus says the Holy One of Israel: “Because you despise this word, And trust in oppression and perversity, And rely on them, 13 Therefore this iniquity shall be to you Like a breach ready to fall, A bulge in a high wall, Whose breaking comes suddenly, in an instant. (Isaiah 30:12-13)

But how can this happen to the USA? It will likely happen with a combination of events. Notice the following:

5 “Moreover the multitude of your foes Shall be like fine dust, And the multitude of the terrible ones Like chaff that passes away; Yes, it shall be in an instant, suddenly. 6 You will be punished by the Lord of hosts With thunder and earthquake and great noise, With storm and tempest And the flame of devouring fire. (Isaiah 29:5-6)

The debt situation of the USA is putting it at risk of being unable to recover should it be hit by weather problems, terrorist acts, war, riots, solar flares, severe earthquakes, civil unrest, devastation of their genetically-modified food supplies, food shortages, and/or various pestilences–an intensity of “sorrows” such as Jesus discussed in Matthew 24:4-8 leading up to the time of the Great Tribulation. Disasters, especially if there is an ElectroMagnetic Pulse (emp) attack or a severe solar flare storm, could be part of a so-called “perfect storm” of events that could set the USA for destruction.

Many sorrows that the U.S.A. will face, like severe weather problems, diseases and earthquakes, will happen irrespective of who is in the White House (Amos 4:7-10; Luke 21:11) next year. Bible prophecy shows that the King of the North and King of the South will rise up and the U.S.A. will be ultimately destroyed unless national repentance happens.

Various policies and decisions in Washington, D.C., however, may hasten the day of destruction. The USA is creating the conditions for the upcoming European Beast power to fill the void in economic (and even military) leadership that the USA is in the process of making.

Making platinum coins is a nonsense way of pretending to pay off US debt.

The Bible shows that debt will be a factor in the destruction of the US.

Habakkuk 2:3,6,7 (which is consistent with other prophecies, such as Isaiah 29:5-6, 30:12-13 and Jeremiah 15:8), show that destruction will happen to those that increased their debt at the end times:

3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man… 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).

The above shows that platinum coins will not be effective as those biblical prophecies will come to pass.

The US is the most indebted nation in the history of the world, continues to take steps that will increase that debt, and refuses to repent.

Yes, the end will come to the US, whether or not it makes trillion dollar platinum coins. The Kingdom of God, not coins, is the solution.

Some items of possibly related interest may include:

The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
The Great Monarch: Biblical and Catholic Prophecies Is the ‘Great Monarch’ of Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ? and Great Monarch in 50+ Beast Prophecies.
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?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Canada in Prophecy: What Does Bible Prophecy, Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future. A sermon of related interest is also available: Canada in Prophecy.
Australia and New Zealand in Prophecy Do biblical prophecies help explain the wealth blessings for Australia and New Zealand? Might cursings from disobedience come in the 21st century? Here is a link to a related sermon: Australia and New Zealand: Origins and Prophecy.
COVID 19 is NOT the End, but could it be TEOWAKI? The novel coronavirus called COVID-19 is wreaking havoc around the world. Many states of the USA as well as countries in Europe are on lockdown with shelter in place /shelter in residence requirements. In France, a form is required when you are not at your house. In Spain, drones are being used to warn people who are outside to got back to their homes–does that bring up feelings of ‘Big Brother’? Italy, France, and other areas are using police and/or military force to encourage people to stay inside. According to the Bible could this be the end? If not, what has to happen first? Have the second and third of the four horsemen of the Apocalypse started their ride? Could COVID-19 be the fourth horseman? Why or why not? Could we be seeing The End of the World as We Know It (TEOTWAKI) like the R.E.M.’s 1987 single song discussed? Do Christians need to fear? What did Jesus teach? What did the Psalmist teach? This is a video. Here is a link to a version in the Spanish language: Corona 19 no es el final PERO es el TEOWAKI.
COVID-19 Leading to 666? The novel coronavirus of Wuhan, China fame, is now called COVID-19. It has also been called the ‘Coronapocalypse.’ Does COVID-19 have any prophetic ramifications? What did Jesus teach about pestilences and sorrows in the Olivet prophecy in Matthew 24? Could COVID-19 be the ride of the fourth horseman of the Apocalypse? Why was this type of disease expected according to the O. Here is a link to a version in the Spanish language: ld Testament prophecies in Deuteronomy and Leviticus? What has the US Centers for Disease Control warned about? What has the CDC reported about the flu? Were there lessons about fear and infections in the 2011 movie ‘Contagion’? Because of COVID-19, the World Health Organization (WHO), nation of Iran, and certain French locations are telling people not to use cash, but instead electronic forms of payment. The US Federal Reserve is now quarantining money repatriated from Asia to reduce the potential spread of the coronavirus on US currency bills. Is COVID-19 worse than we have been told or could this all be a ‘false flag’ event to encourage people to move towards a cashless society? If the thousands of deaths associated with COVID-19 are pushing parts of the world towards cashlessness, how much more likely will the ride of the fourth horseman and over a billion human deaths motivate people to move to making electronic payments that can be monitored? The Bible tells of a soon coming society that controls buying and selling to force allegiance to a coming European Beast power, known as 666 (Revelation 13:16-18). Does the ‘great tribulation’ begin before ride of the fourth horseman or with the opening of the fifth seal of Revelation 6? Do the words of Jesus helps us better understand the sequence of the four horsemen of the Apocalypse and the start of the Great Tribulation? Will the ride of the fourth horseman help lead to the rise of 666? Is that ride very close? Dr. Thiel addresses these issues and more in this video. Here is a link to a version in the Spanish language: El COVID-19 ¿Conduce al 666?
Fourth Horseman of the Apocalypse What is the pale horse of death and pestilences? What will it bring and when? Some related videos may include Amphibian Apocalypse: Threat to Humans?, Zombie Deer Disease is Here! Are the 10 Plagues on Egypt Coming?, and Biological Warfare and Prophecy. Here is a version of the article in Spanish: El cuarto jinete de Apocalipsis, el caballo pálido de muerte y pestilencia.
20 items to prophetically watch in 2020 Much is happening. Dr. Thiel points to 20 items to watch (cf. Mark 13:37) in this article. Here is a link to a related sermon: 20 Prophetic Items to Watch in 2020.
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is a link to a related sermon: Could God be Calling You? A short animation is also available: Is God Calling You?
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? A related sermon is also available titled: Real Christian Repentance.
Christians: Ambassadors for the Kingdom of God, Biblical instructions on living as a Christian This is a scripture-filled booklet for those wishing to live as a real Christian. A related sermon is also available: Christians are Ambassadors for the Kingdom of God.
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
When You Sin: Do You Really Repent? This is an article by Charles F. Hunting. A related sermon is Confess to God and truly repent.
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 three related sermons: The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.