‘US grocery costs jump the most in 46 years’ ‘When money fails’

Food prices have been rising:

Increase in food prices reported across country as pandemic continues

May 13, 2020

Whether you have been going to the store or ordering your groceries online, you have likely seen — prices are going up! https://www.wsoctv.com/news/local/increase-food-prices-reported-across-country-pandemic-continues/YEMD7SDDIFCD3DVOH4VETM4HGQ/

US grocery costs jump the most in 46 years …

The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April, the largest one-month pop since February 1974.

The price of the meats, poultry, fish and eggs category rose 4.3%, fruits and vegetables climbed 1.5%, and cereals and bakery products advanced 2.9%.

The grocery numbers stand in stark contrast to the broader trend in U.S. prices, which fell 0.8% in April and clinched their largest one-month decline since 2008.

Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores to stock up on food amid government lockdowns designed to slow the spread of Covid-19. …

“In areas where demand has hung in, like ‘food at home’ we have inflation because the supply side has been damaged, whether directly via infected facilities or because of the higher costs of finding freight capacity,” Boockvar added. https://www.cnbc.com/2020/05/12/us-grocery-costs-jump-the-most-in-46-years-led-by-rising-prices-for-meat-and-eggs.html

Michael Snyder posted the following:

A Taste Of What Is Coming – Food Prices Just Increased By The Most That We Have Seen Since 1974

Get ready to pay much more for groceries. …

In fact, the U.S. Labor Department says that we just witnessed the largest one month increase since February 1974…

Sadly, this is just the beginning.

Prior to this pandemic, Americans spent about 10 percent of their incomes on food.

As this new economic depression deepens, expect that number to eventually more than double. …

Many out there are suggesting that the best thing that we can do during an economic environment such as this is to keep showering the American people with more government checks. …

Just about everyone has been thrilled to receive the first round of “stimulus checks”, and certainly very few people would complain if another round was sent out.

But if sending everyone a thousand dollars is good, wouldn’t sending everyone a million dollars be even better?

Needless to say, throwing giant piles of money around recklessly is not a good idea, because it destroys the value of our currency.

Venezuela tried that, and at this point almost everyone in the country is a millionaire…

What if I told you that in the socialist paradise of Venezuela, everyone’s a millionaire?

The Bolivarian Revolution has raised the minimum wage over 50 times throughout the past 20 years. As of May 2020, it’s been set at 400,000 bolivars, plus a 400,000 socialist food ticket bonus, bringing it to an astounding total of 800,000 bolivars per month.

But even though there are so many “millionaires” running around, almost everyone in Venezuela is living in deep poverty because the money has become virtually worthless.

Do we really want to become just like Venezuela?

Because that is the path that we are currently on.

Every time a new dollar is created, every existing dollar that you currently hold declines in value.

And every time a new dollar is created, the value of your paycheck goes down if your employer doesn’t give you a raise to match the increase in the money supply.

But the mainstream media continues to be enamored by the Federal Reserve’s ability to “solve our problems” by creating trillions of dollars out of thin air. …

Unfortunately, the mainstream media will continue to cheer the Fed on as they steadily kill the U.S. dollar, but none of us will be cheering when a loaf of bread costs 5 dollars and a gallon of milk costs 10 dollars.

A torrent of newly created money is not going to fix our economy. What we really need is for the American people to be allowed to go back to work, but quite a few states are indicating that some restrictions may not be lifted until August or later. 05/12/20 http://theeconomiccollapseblog.com/archives/a-taste-of-what-is-coming-food-prices-just-increased-by-the-most-that-we-have-seen-since-1974

The Bible predicts food inflation. It also shows that a highly indebted people will be taken over (Habakkuk 2:6-8)–the excess printing of US dollars and the creation of various US government debt instruments is NOT good and will be a factor leading to the end of the USA!

With the ride of the third horseman of the Apocalypse, Revelation 6:5-6 shows that there will be food, but that it will be quite expensive (food-price inflation).

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)

Some will thus die as they will not be able to afford it, while others will survive but struggle. Notice some of what the old Worldwide Church of God warned about last century:

The black horseman’s future ride will reduce the proud faces of white America, Europe, and the British Common wealth 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)

Notice some of the penalties for disobedience recorded in the 26th chapter of Leviticus: “If after all this you have not learnt discipline but still defy me, I in turn will defy you and scourge you seven times over for your sins. I will bring war in vengeance upon you … you shall be herded into your cities, I will send pestilence among you, and you shall be given over to the enemy. I will cut short your daily bread until ten women can bake your bread in a single oven; they shall dole it out by weight [see Revelation 6:5-6], and though you eat, you shall not be satisfied. If in spite of this you do not listen to me and still defy me, I will defy you in anger, and I myself will punish you seven times over for your sins. Instead of meat you shall eat your sons and daughters” (Lev. 26:23-28, The New English Bible). Other passages warn of famine-producing upsets in weather (Amos 4:7, Deut. 28:24); ruined harvests (Ezek. 5:16, Deut. 28:17); blighted crops (Amos 4:9); harmful insect pests (Deut. 28:39, 42); and nonproductive soil (Deut. 28:23). (4 Horsemen of the Apocalypse – The Black Horse – Famine. WCG booklet, 1976)

The Bible foretells that inflation at least in the sense of oppressively rising prices — will be a plague of the end times. Notice Haggai 1:6, “and he that earneth wages earneth wages to put into a bag with holes.” Every person who has seen the buying power of his money be continually eroded because of rising prices can well understand that that prophecy has already come to pass.

The book of Revelation also foretells inflation: “A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine” (Rev. 6:6).

A measure of wheat for a penny sounds like a bargain these days. But consider, a measure of wheat at the time John penned the book of Revelation was two-or three pints. A penny was the day’s wages of a laborer. In North America today, a factory worker’s pay is conservatively around $40 a day. So consider: three pints of wheat for $40!

That is inflation. Moreover, as we would expect from the time sequence, the prophecy bears a striking resemblance to our own pre-tribulation times: While food is scarce, it still has a market price.

The mention of oil and wine has several layers of meaning, one of which is an allusion to the practice in ancient Roman provinces of exporting oil and wine to Rome regardless of the scarcity of food at home. The main meaning, of course, is that oil and wine, having become scarce and expensive, must be spared for the highest priority uses.

When money fails

Biblical descriptions of money and prices bring out several important lessons about high prices:

Scarcity can make your money worthless. In Joseph’s time, when “famine [crop shortage] was over all the face of the earth” (Gen. 41:56), the fact was reflected in the price of food. Thus, when Jacob sent his sons to buy food in Egypt, he told them to take “double money” (Gen. 43:12).

Another example of scarcity-induced price increases was the siege in Samaria in the time of Elisha: “And there was a great famine in Samaria: and, behold, they [the Syrians] besieged it, until an ass’s head was sold for fourscore pieces of silver, and the fourth part of a cab of dove’s dung for five pieces of silver” (II Kings 6:25).

Today, silver sells for around $8.50 an ounce. Imagine! Over $42.50 for a small quantity of bird waste!

And, of course, the law of supply and demand works the opposite way as well. When the Syrians prematurely abandoned their invasion and left their provisions behind (II Kings 7:6 and 8), the inhabitants of the city went out and gathered up those provisions. Supply increased. And prices came down.

Inflation increases the power of those who hold tangible goods. In the time of Joseph’s famine, people had money, but no food. The price of food went up, and they soon ran out of money.

(Since money in the Bible was synonymous with a given weight of silver or gold (See Ezra 7:15-17, II Kings 12:10-11), the government could not just go and print up some more.) Thus their “money failed” (Gen. 47:15), and they had to barter their livestock for food (Gen. 47:17).

After they had bartered away their livestock, they were forced to barter their land and their labor. If they hadn’t possessed some tangible goods to barter after their money ran out, they would have starved (Gen. 47:19).

And in the end, because the Egyptian government had correctly “anticipated market conditions,” it ended up owning everything. A closely related lesson from this account is that inflation favors those who hold or produce tangible necessities (as opposed to luxuries). … Of course, since gold is regarded as a disaster hedge by many investors, prudence might dictate that perhaps a small fraction of your liquid assets be in gold …

The most important inflation hedge

Be righteous. God has the supernatural power to insure that His people do not suffer privation. God always has the power to hedge you from the ravages of inflation (see Job 1:10).

King David made this principle plain: “The Lord knoweth the days of the upright: and their inheritance shall be forever. They shall not be ashamed in the evil time: and in the days of famine they shall be satisfied … I have been young, and now am old; yet have I not seen the righteous forsaken, nor his seed begging bread” (Ps. 37:18-19, 25).

So, even though we do have a responsibility to provide for our children and our grandchildren through all the know-how and skills we can muster, in the end it is God in whom we must place all our trust, never wavering. That is the most sound investment anyone can make.(Calkins J. When Money Fails. Good News, October-November 1979)

Money, meaning the US dollar, will one day fail! And the USA will be taken over (Daniel 11:39) and be no more. Yes, we need to fully put our trust in God.

We are starting to see more reports of food shortages and the potential for serious food inflation.

And it will affect more than just the USA and the UK.

While the Bible does teach that famines will come, it should be pointed out that the ride of the third horseman, famine, does not happen until after the start of the ride of the second horseman of war, but also before the ride of the fourth horseman of death and pestilence.

COVID-19 is sort of a mild precursor compared to what is still prophesied to come.

You cannot simply print up more money without producing more without, ultimately, contributing to inflation.

The Bible clearly prophesies food inflation is coming in Revelation 6:5-6. What will happen later will make the breaking of the 46 year old record seem like nothing.

Massive food inflation will occur.

Get your spiritual house in order before it does.

Some items of possibly related interest may include:

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 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.
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.
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? A video of related interest may be: Germany, Gold, and the US Dollar.
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.
COVID 19 is NOT the End, but could it be TEOTWAWKI? 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 (TEOTWAWKI) 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 TEOTWAWKI.
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?
Biological Warfare and Prophecy Is biological warfare possible? Was it prophesied? Scientists have long warned that pathogenic organisms like the coronavirus could be weaponized. Furthermore, back in 2017, there were concerns that the biological research facility being constructed in Wuhan, China was risky and that a coronavirus from it could be released. On January 25, 2020, China’s President Xi Jinping publicly stated that the situation with the Wuhan-related strain of the coronavirus was grave. Did Church of God writers like the late evangelist Raymond McNair warn that engineered viruses (the “Doomsday bug”) were consistent with prophecies from Jesus? Did a warning from CCOG leader Bob Thiel warn about risks of genetically-modified (GMO) mosquitoes come to pass? Could human research and/or the consumption of biblically-unclean animals such as bats and snakes be a factor in current outbreaks or coming future pestilences? What about famines? How devastating have pestilences been? How devastating are the prophesied ones going to be? Dr. Thiel addresses these issues and more in this video.
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.
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.
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? 2028 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? 2020, 2021, or 2022? 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? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter and newer video is: Could the Great Tribulation Begin in 2020?
The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.
Armageddon Who is involved and when will this gathering happen? Here is also a video from Dr. Thiel, from Tel Megiddo in Israel: Armageddon. Other videos include: Armageddon Will it come on Trump’s watch?, Iraq, Armageddon, & Prophecy, Freemasonry, Armageddon, and Rome, Is China paving roads to Armageddon?, and Jordan, Petra, and Armageddon.
Weather Blessings and Sorrows Are weather problems a warning? What should be done? Here is a related YouTube video Does God Use Weather?
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.
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.