What does it mean by Keeping the 50th Day of Shavuot?

Joseph F. Dumond

Joe Started Sightedmoon in 2005 to assist him in spreading his understanding of the Sabbatical and Jubilee Years according to Torah.
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Published: May 1, 2020 - (5856)

News Letter 5856-011
The 4th Year of the 4th Sabbatical Cycle
The 25th year of the 120th Jubilee Cycle
The 8th day of the 3rd month 5856 years after the creation of Adam
Today is the 49th Day of Counting the Omer
Today is the 7th Sabbath of 7 Sabbaths
The 4th Sabbatical Cycle after the 119th Jubilee Cycle
The Middle of the 70th Jubilee Since Yehovah told Moses To go Get His People
The Sabbatical Cycle of Sword, Famines, and Pestilence

May 2, 2020

Shabbat Shalom to the Royal Family of Yehovah,

 

“D-Day!”

Since 2005 we have been warning people about the curses to come in 2020. 2020 is the middle of the 70th Jubilee since the Burning Bush when Yehovah told Moses to go and get the Israelite’s and bring them back to that Mountain where 50 Days later Yehovah proposed to Israel, and Israel accepted the terms of that Great Ketubah.

Yehovah told Daniel that He had given the people of Israel 70 Jubilee Cycles to get in line with His commandments or in the middle of the final one He would take action and execute the vengeance of the covenant which they had broken.

Our Countdown clocks on our web site were set with Shavuot in mind. The middle of the year in the middle of the Jubilee Cycle.

In all our charts and expectations as to when Shavuot was to take place in 2020, all said it was going to be May 31st. So we wrote our books with that date in mind and warned the brethren of the coming sword spoken of in Lev 26.

Lev 26:23  And if you will not be reformed by Me by these things, but will still walk contrary to Me,

Lev 26:24  then I will walk contrary to you and will punish you seven times more for your sins.

Lev 26:25  And I will bring a sword on you that shall execute the vengeance of the covenant. And when you are gathered inside your cities, I will send the plague among you. And you shall be delivered into the hand of the enemy.

Lev 26:26  When I have broken the staff of your bread, ten women shall bake your bread in one oven, and they shall deliver you your bread again by weight. And you shall eat and not be satisfied.

Lev 26:27  And if you will not for all of this listen to Me, but will walk contrary to Me,

Lev 26:28  then I will walk contrary to you also in fury. And I, even I, will chastise you seven times for your sins.

Lev 26:29  And you shall eat the flesh of your sons, and the flesh of your daughters you shall eat.

We said it would begin at this time. Something was going to happen to start this process to war. Exactly what that was we did not know. As we have consistently said, I have not had any angelic voices or visions from heaven to tell me these things. I have shared with you all that I understood from studying the Torah and obeying the Torah.

And we said that if these things did not happen this year then we would take down the web site. That was why I instructed James to put the countdown clocks there.

Then of all things we were told that Passover could be early. In disbelief, I searched for such a precedent and found that indeed we had many examples from the Tombstone of Zoar that had kept the Passover well before the spring equinox. And when the Barley was declared Aviv well ahead of all the other group’s predictions and declarations we were ready to accept the facts as they were and not deny the obvious. That Yehovah was indeed in charge and that we must follow that cloud when it moves.

This then meant all my dates and calculations would be off by a month. I had to scramble to prepare for Passover and the teachings and the many questions on controversies that arise from stepping out from the rest of the brethren. I did not have time to redo all the work involved in calculating the countdown clocks. So we left them the way they were.

Then COVID 19 took the world by storm and on the very day we kept Passover, March 10, 2020, 30 days before everyone else, The World Health Organization declared a worldwide Pandemic.

There was absolutely no way I could have called that or planned it. But Our King, our Messiah, our Husband, Yehovah could and did. He was showing us He was in charge and not any man. He was taking the helm and He was now driving the end-time events. Many still did not want to believe He was doing this and they created and invented fancy conspiracies to explain it all away.

I was asked where was the pestilence mentioned. They thought I said war was coming. I had put my emphasis on the war aspect and had neglected the Pestilence part but it was right there in Lev 26 as you have just read.

Last week we told you about the growing famine crisis. We told you about the UN warning that in 3 months’ time 55 Million people would be starving and millions would die by year-end. Again many tried to explain this away as a conspiracy or a man-made hoax. But there it was in Lev 26 where Yehovah said He was going to send these things. Yehovah not some men, not some group. Yehovah and He alone sent these curses on us for not obeying His commandments.

This week I am sharing the next step in this end-time plan and some will say this is the plan of the NWO or other people they want to blame. But they will not admit that it is from Yehovah and Him alone.

This next step leads to war. This next step cripples nations and makes them unable to do anything in response. Again this is coming from Yehovah. Hyper-Inflation is coming.

Curses for Disobedience

Deu 28:15  And it shall be, if you will not listen to the voice of Jehovah your God, to observe and to do all His commandments and His statutes which I command you today, all these curses shall come on you and overtake you.

Deu 28:16  You shall be cursed in the city, and cursed in the field.

Deu 28:17  Your basket and your store shall be cursed.

Deu 28:18  The fruit of your body shall be cursed, and the fruit of your land, the increase of your cows, and the flocks of your sheep.

Deu 28:19  You shall be cursed when you come in, and cursed when you go out.

Deu 28:20  Jehovah shall send on you cursing, vexation, and rebuke, in all that you set your hand to do, until you are destroyed, and until you perish quickly, because of the wickedness of your doings by which you have forsaken Me.

Deu 28:21  Jehovah shall make the plague cling to you until He has consumed you from off the land where you go to possess it.

The USA has just begun to return people to work because they are going broke being in lockdown, but they do not have the COVID under control yet. Many of you have said and told others it is no different than the normal flu with the same amount of deaths. Forgive me for not recognizing your expertise in this area. So this plague is going to cling to you. A second wave greater than the first one is going to go through your land. Many people are deferring their mortgages and loans for three to twelve months. When this COVID 19 second wave or third wave comes again in three months’ time or again next year in cold and flu season, what will the world do then?

Deu 28:22  Jehovah shall strike you with lung disease and with a fever, and with an inflammation, and with an extreme burning, and with the sword, and with blasting, and with mildew. And they shall pursue you until you perish.

COVID 19 infects the lungs and comes with a fever. It inflames the lungs and causes a burning sensation in the eyes.

Deu 28:23  And your heavens over your head shall be bronze, and the earth that is under you iron.

Deu 28:24  Jehovah shall make the rain of your land powder and dust. It shall come down from the heavens on you until you are destroyed.

Deu 28:25  Jehovah shall cause you to be stricken before your enemies. You shall go out one way against them, and flee seven ways before them. And you shall be a trembling to all the kingdoms of the earth.

Deu 28:26  And your body shall be food to all birds of the air, and to the beasts of the earth. And no man shall frighten them away.

Deu 28:27  Jehovah will strike you with the boils of Egypt, and with the hemorrhoids, and with the scab, and with the itch, of which you cannot be healed.

Deu 28:28  Jehovah shall strike you with madness and blindness, and astonishment of heart.

Deu 28:29  And you shall grope at noonday, as the blind gropes in darkness, and you shall not prosper in your ways. And you shall always be pressed down and spoiled forever, and no man shall save you.

Deu 28:30  You shall become engaged to a wife, and another man shall lie with her. You shall build a house, and you shall not live in it. You shall plant a vineyard, and you shall not gather the grapes of it.

Deu 28:31  Your ox shall be slain before your eyes, and you shall not eat of it. Your ass shall be violently taken away from before your face, and shall not be restored to you, your sheep given to your enemies, and you shall have none to rescue them.

Deu 28:32  Your sons and your daughters shall be given to another people, and your eyes shall look and fail for them all the day long. And there shall beno power in your hand.

Deu 28:33  The fruit of your land, and all your labors, shall be eaten up by a nation which you do not know. And you shall always be oppressed and crushed,

Deu 28:34  and you shall be mad because of that which you shall see with the sight of your eyes.

Deu 28:35  Jehovah shall strike you in the knees and in the legs with an evil ulcer that cannot be healed, from the sole of your foot to the top of your head.

Deu 28:36  Jehovah shall bring you, and your king which you shall set over you, to a nation which neither you nor your fathers have known. And there you shall serve other gods, wood and stone.

Deu 28:37  And you shall become an astonishment, a proverb, and a by-word among all nations where Jehovah shall lead you.

Deu 28:38  You shall carry much seed out into the field, and shall gather little in, for the locust shall eat it.

Deu 28:39  You shall plant vineyards and dress them, but shall neither drink the wine nor gather, for the worm shall eat them.

Deu 28:40  You shall have olive trees throughout all your coasts, but you shall not anoint with the oil, for your olive shall drop off its fruit.

Deu 28:41  You shall father sons and daughters, but you shall not enjoy them, for they shall go into captivity.

Deu 28:42  All your trees and the fruit of your land the locust shall possess.

Deu 28:43  The stranger within you shall get up above you very high, and you shall come down very low.

Deu 28:44  He shall loan to you, and you shall not loan to him. He shall be the head, and you shall be the tail.

I just have to put this article in here now dated April 29, 2020.

 

The Federal Reserve has pumped $2.3 trillion into the U.S. economy. It’s just getting started.

Wall Street is hungry for answers about how much more money the central bank is planning to deploy
By Heather Long

April 29, 2020 at 6:00 a.m. EDT

The Federal Reserve has pumped $2.3 trillion into the economy in the past six weeks, a massive amount of support that went out the door far more rapidly than most of the aid from Congress and the White House. On Wednesday, the Fed chief is expected to give an inkling as to how much more help could be needed.

Many economists — and even President Trump — have praised the Fed’s swift action to help the nation survive financially during a historic lockdown to fight the novel coronavirus. But some critics warn the Fed is overstepping its role and might never be able to withdrawal these high levels of government support for the U.S. economy.

Fed Chair Jerome H. Powell has made it clear he will do whatever it takes to prevent another Great Depression. His preference has been to act early and boldly to prevent the worst-case scenario from happening during Trump’s trade war and now during the pandemic.

On Wednesday, Fed leaders will conclude a two-day meeting by releasing a statement at 2 p.m., followed by Powell’s news conference at 2:30 p.m. Wall Street investors and many business owners are anxiously awaiting word from Powell on how quickly he thinks the economy can rebound and how much more money the Fed is planning to deploy in such a dramatic fashion.

“Powell’s mantra is do whatever it takes for as long as it takes,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics. “There was a late reaction from Congress and the administration to the unfolding crisis. Powell sized up very quickly that the Fed needed to provide support.”

The Fed cut interest rates to zero on March 15 and unleashed a bond-buying frenzy to prevent markets from freezing up just as companies and households were trying to get loans to survive financially. The result of all of this bond buying is that the Fed’s assets have ballooned to a record level of $6.6 trillion, up from $4.3 trillion in March.

There’s a growing possibility of a W-shaped economic recovery — and it’s scary
Analysts say the Fed is not done yet. The central bank is widely expected to hold close to $10 trillion soon, as it expands existing programs and starts others.

“Don’t rule out the possibility that the Fed is not done. It could increase the size of programs that have been successful so far or start something else completely new,” said Carl Tannenbaum, chief economist at Northern Trust. “I was at the Fed in 2008. We were throwing a lot against the wall to see what stuck.”

So far, most of the $2.3 trillion the Fed has injected into the economy has come from buying U.S. Treasurys and mortgage-backed securities, similar to the central bank’s playbook during the financial crisis in 2008 and 2009. Many say the Fed’s actions have helped trigger a rally in stocks in April and an unfreezing of many parts of the bond market.

The U.S. plans to lend $500 billion to large companies. It won’t require them to preserve jobs or limit executive pay.

But the Fed is about to embark on something it has never done before: Directly buying corporate bonds, directly buying debt from cities and states, and making “Main Street” loans to midsize firms. These are far more complex and politically sensitive moves than buying U.S. Treasury bonds, but Fed leaders argue they are necessary to keep plenty of credit flowing at a time when so many businesses, households and local governments desperately need loans.

Investors and businesses await more details on when the Fed will role out these programs and how widely they will buy. Oil companies and retailers are especially hoping the central bank will buy their debt, a lifeline that could help some firms avoid bankruptcy. The Fed, however, has delicate choices to make because it is not supposed to bail out specific companies, especially ones that took on too much risk.

Trump and at least one former Fed official have also called for negative interest rates in the United States, something Powell has been hesitant to endorse because it has not been easy to reverse that policy in Europe and Japan. It also does not seem warranted when loans are already cheap.

“Slightly cheaper credit doesn’t make any difference if stores are closed,” said Ian Shepherdson of Pantheon Macroeconomics.

Another fear is that the Fed could trigger an ugly spell of high inflation like what the United States experienced in the 1970s after the central bank arguably kept interest rates too low.

“It does beg the question of how far Washington can go in issuing and monetizing debt before everyone pays a price in terms of higher interest rates, higher taxes and higher inflation,” said David Kelly, chief global strategist at JPMorgan Funds.
For now, the Fed’s statement and Powell’s news conference Wednesday are likely to commit to seeing the economy through this crisis but remain a little vague on the details to maintain flexibility. So much uncertainty remains about when parts of the economy can reopen safely and when a coronavirus vaccine will be widely available.

“The Fed is playing a confidence game, and its communications should continue to repeat the message that it will do whatever it takes to nurse the economy back to health,” economist Michael Feroli of JPMorgan wrote in a note to clients.

Don’t believe the conspiracy lies that are being bandied about. This is real and this is being sent to YOU, directly from Yehovah and no one else. It is to Yehovah that all of us need to repent.

Deu 28:45  And all these curses shall come on you, and shall pursue you and overtake you, until you are destroyed, because you did not listen to the voice of Jehovah your God, to keep His commandments and His statutes which He commanded you.

Deu 28:46  And they shall be on you for a sign and for a wonder, and on your seed forever.
Deu 28:47  Because you did not serve Jehovah your God with joyfulness and with gladness of heart for the abundance of all things;
Deu 28:48  therefore you shall serve your enemies which Jehovah shall send against you, in hunger, and in thirst, and in nakedness, and in the lack of all things. And he shall put a yoke of iron on your neck until he has destroyed you.
Deu 28:49  Jehovah shall bring a nation against you from far, from the end of the earth, as the eagle flies; a nation whose tongue you shall not understand,
Deu 28:50  a nation fierce of face who shall not regard the person of the old, nor show favor to the young.
Deu 28:51  And he shall eat the fruit of your cattle and the fruit of your land, until you are destroyed. He shall not leave you grain, wine, or oil, the increase of your livestock, or flocks of your sheep, until he has destroyed you.
Deu 28:52  And he shall besiege you in all your gates until your high and fortified walls in which you trusted come down, throughout all the land. And he shall besiege you in all your gates throughout all your land which Jehovah your God has given you.
Deu 28:53  And you shall eat the fruit of your own body, the flesh of your sons and of your daughters, which Jehovah your God has given you, in the siege and in the anguish with which your enemies shall distress you.
Deu 28:54  The man that is tender among you, and very delicate, his eye shall be evil toward his brother and toward the wife of his bosom, and toward the rest of his sons which he has left;
Deu 28:55  so that he will not give to any of them of the flesh of his sons whom he shall eat, because he has nothing left to him in the siege and in the anguish with which your enemies shall distress you in all your gates.
Deu 28:56  The tender and delicate woman among you, who would not have ventured to set the sole of her foot on the ground for delicateness and tenderness, her eye shall be evil toward the husband of her bosom, and toward her son, and toward her daughter,
Deu 28:57  and toward her young one who comes out from between her feet, and toward her sons whom she shall bear. For she shall eat them secretly for lack of all things, in the siege and anguish with which your enemies shall distress you in your gates.
Deu 28:58  If you will not observe to do all the words of this Law that are written in this book, that you may fear this glorious and fearful name, JEHOVAH YOUR GOD,
Deu 28:59  then Jehovah will make your plagues remarkable, and the plagues of your seed great and persistent plagues; with evil and long-lasting sicknesses.
Deu 28:60  Also, He will bring on you all the diseases of Egypt of which you were afraid. And they shall cling to you.
Deu 28:61  Also, every sickness and every plague which is not written in the book of this Law, Jehovah will bring them on you until you are destroyed.
Deu 28:62  And you shall be left few in number, whereas you were as the stars of the heavens for multitude, because you would not obey the voice of Jehovah your God.
Deu 28:63  And it shall be, as Jehovah rejoiced over you to do you good and to multiply you, so Jehovah will rejoice over you to destroy you and to bring you to nothing. And you shall be plucked from off the land where you go to possess it.
Deu 28:64  And Jehovah shall scatter you among all people, from the one end of the earth even to the other, and you shall serve other gods there, which neither you nor your fathers have known, wood and stone.
Deu 28:65  And among these nations you shall find no ease, neither shall the sole of your foot have rest. But Jehovah shall give you there a trembling heart and failing of eyes and sorrow of mind.
Deu 28:66  And your life shall hang in doubt before you, and you shall fear day and night, and shall have no assurance of your life.
Deu 28:67  In the morning you shall say, Oh that it were evening! And at evening you shall say, Oh that it were morning, for the fear of your heart with which you shall fear, and for the sight of your eyes which you shall see.
Deu 28:68  And Jehovah shall bring you into Egypt again with ships, by the way of which I said to you, You shall see it no more again. And there you shall be sold to your enemies for men-slaves and women-slaves, and no man shall buy you.

So now here we are on the cusp of Shavuot 2020 and it is one month early. Will anything happen? We will know soon enough. Does anymore need to happen on Shavuot May 3rd or Shavuot May 31st to justify those things I have been warning you about? No! Yehovah has vindicated all that I have been saying. We only now need to wait for the rest of them to arrive. Pestilence is already here. Famine is at the door as people struggle with rent or mortgage money and food on the table and no job. President Trump has alienated the USA from the rest of the world with his USA first policies and tariffs being used as weapons to force others to concede to his demand, Americans are not the most loved people in the world these days. War is coming.

Sightedmoon.com will not be coming down. We have been vindicated by Yehovah Himself that He is following His own words set out thousands of years ago.

 

Shabbat Zoom Meeting & Shavuot

Shabbat May 2, 2020. Mystery Guest Speaker. They have not even told me who this is going to be nor what they are teaching. Service begins at 1 PM Eastern Time zone. The room opens at 12:30 for socializing.

Joseph Dumond is inviting you to a scheduled Zoom meeting.

Topic: Joseph Dumond’s Zoom Meeting
Time: May 2, 2020 12:30 PM America/Toronto

Join Zoom Meeting
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Meeting ID: 851 9117 0499
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Shavuot May 3rd, 2020 We will be having a morning service where I am going to walk you through these last days and the event that are to take place and when and what you are expected to be doing during that time. The 2300 days, the 1260 days, the 1290 days, the 1335 days and the Great Tribulation step by step.

Service begins at 9 AM Eastern Time Zone.

Joseph Dumond is inviting you to a scheduled Zoom meeting.

Topic: Joseph Dumond’s Zoom Meeting
Time: May 3, 2020 09:00 AM America/Toronto

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Our afternoon service is going to be either myself as I complete the morning teaching or Frank Smyth from Ireland who will be teaching on Shavuot itself. I do hope I can get it all done in the morning.

Joseph Dumond is inviting you to a scheduled Zoom meeting.

Topic: Joseph Dumond’s Zoom Meeting
Time: May 3, 2020 03:00 PM America/Toronto

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Meeting ID: 885 7986 5156
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In the Mail

You Nailed It Wow, brother!  You nailed 2020 as the year, though none of us could have predicted just how much evil we’d be up against.

Chaim Goldman

 

Good morning to everyone at Sighted Moon,
I so look forward to receiving these nuggets of truth each week.  I am astonished at the number of people I know that think this virus is not from God because “a loving God just wouldn’t do that”.
I am a key worker here in the UK but not on the front line like NHS but for a charity that helps survivors of child sexual abuse and so many are frozen with fear over coronavirus. I do a great deal of praying as I know you do.  Thank you SO very much for all that you are doing and for such teaching which is pure gold to me and others who receive it.
Take care over there.  I have you in my prayers …
Gail (UK)

 

Radio Interview this week

This week we were interviewed on the podcast that airs in both Vermont and North Dakota called a different perspective.

He is also called Countdown Radio at this link.

DUTCH COVER
Remembering the Sabbatical Years of 2016, 2023, 2030

This week we were proud to launch our Dutch version of Remembering the Sabbatical Year of 2016. Johanan Maerschalck Completed the translation that was begun a number of years ago but never finished. He then went over what was done and re-edited all of it. I am very pleased to know we can now reach our Dutch brethren with this work. Thank you Johanan Maerschalck.

Pauline Reardon-Benjes worked with Johanan to do the graphic artwork for the cover and do all that was involved to produce this.

We also have a German version of the Riddle book completed and being processed for publishing. And the 2nd volume of the Lessons for the Kingdom has been completed and is also going to be uploaded very soon.

 

Hyperinflation! Are you Ready?

Do You Realize How Much Money Is Being Printed Right Now?
BY RICHARD PALMER • APRIL 28

Too few are talking about the massive borrowing underway in all major economies as they fight the coronavirus. Even fewer are talking about the massive level of money printing.

The language is technical. It appears in only the economic pages of the newspaper. But the results will be real, and the amount of money involved is staggering.

Fitch Ratings estimates that the world’s central banks will create a total of $6 trillion this year.

Of course, they won’t literally be printing it. It would be physically very difficult to print that much. You’d have to stack $100 bills 630 miles high before you had $1 trillion. At that height, you’d have to worry about satellites knocking your money pile over. By comparison, $1 billion would be roughly the height of the world’s tallest building, and $1 million only the height of a chair.

We’re in uncharted territory. Banks have never created money this quickly before. From 2009, and the aftermath of the global financial crisis, until the end of 2018, central banks created about $12 trillion. Now they’re creating half of that total—in a single year.

What is going on? It’s worth taking a few minutes to understand how money is made. After all, it very directly affects your wallet.

In our modern financial system, money is created from nothing all the time. You even play a role in this process. Anytime anyone takes out a loan, a bank creates money. If you borrow $100, the bank isn’t taking that $100 out of someone’s bank account and lending it to you. It comes from nowhere.

There used to be limits on how much money banks could create. Until recently, in the United States a large bank could loan out $1,000 for every $100 it had in assets. But in mid-March, that rule was quietly abolished. There are still lots of complicated rules that place some limit on how much money banks can create. But there are fewer restrictions than ever on the ability for ordinary U.S. banks to create money and loan it out.

This ability to create money out of nothing is the reason the amount of money in circulation is constantly fluctuating. In good times, lots of people are borrowing, and the money supply increases. But when times are bad, banks are unwilling to make loans and they call in their debts. In this case, they’re destroying money. Pay back a $100 loan and that money disappears. Our financial system is not set up to cope well with that, and the widespread destruction of money quickly causes major problems.

This is why the Federal Reserve and other central banks stepped in with what was then a radical new experiment after the 2008 financial crisis. If banks were causing problems for the economy by destroying money, then maybe the Fed could fix those problems by creating money.

Central banks creating money has long been a taboo. It’s too similar to governments simply printing money and spending it—policy that has led to total economic collapse time and again.

But the experts argued that since ordinary banks had stopped creating money, central banks needed to step in and do it, temporarily. It wasn’t too dangerous, they argued. Done carefully, they’d be replacing the ordinary money creation that goes on all the time.

So the world embarked cautiously on this new money printing—called “quantitative easing” (QE).

Central banks didn’t hand the newly created money directly to the government; instead, they bought government debt and other assets from banks. And they pledged to “wind down” this printing in the future: to sell the government bonds they had bought and then destroy the money they had created.

Twelve years later, our currency is not worthless. Most of the newly created money has not been destroyed—but other than that, things have gone well.

So central banks are now much more comfortable printing money. They’re printing it faster than ever. And many of the restrictions put in place in 2008 are being removed.

Both the Fed and the Bank of Japan have announced unlimited quantitative easing—with no cap. The Fed is also experimenting with new ways of printing money and injecting it into the economy. It announced in March that it would inject $1.5 trillion into the repo market—basically where banks go to borrow money. On April 9, the Bank of England announced it would print money and loan it directly to the government—breaking the last taboo on money printing, although the bank will keep the amount of money it creates this way relatively small.

“That this is even being considered, and under a conservative government, is a measure of how extreme the situation is,” wrote Foreign Policy. “It is also symptomatic that, rather than howls of outrage and immediate panic selling, the Bank of England’s decision has so far produced little more than a shrug from financial markets. They are under few illusions about the acrobatics that all the central banks are performing.”

When Fitch Ratings estimated that central banks would print $6 trillion, it was looking only at quantitative easing. It wasn’t counting the more unusual methods of money creation, like the Fed’s massive intervention in the repo market. So the actual total could be much higher. All around the world, central banks are now creating more money in more different ways and with fewer restrictions than ever before.

Even despite the earlier restrictions, we live in a world where central banks own huge proportions of government debt. The Bank of England owns about a third of the British government’s debt. Even before coronavirus hit, the Bank of Japan owned over 40 percent of its government debt, the Federal Reserve owned more than 10 percent of America’s government debt, and eurozone central banks owned 15 percent to 20 percent of their governments’ debts.

This has kept interests rates low, enabling our governments to borrow sums unprecedented in peacetime, while avoiding crippling interest payments.

The problem is, we’re playing with fire.

Money printing has proved incredibly destructive in the past. It doesn’t actually increase the amount of resources in an economy. If you have lots of money going around, but no extra goods, sellers raise prices.

In the past, money printing has led to hyperinflation. In 1920s Germany, the government printed money to pay its debts. The result was that it took a wheelbarrow full of cash to buy a loaf of bread. Zimbabwe tried it and the result was $100 trillion bank notes. Even more recently, Venezuela saw inflation of over 1 million percent. In such a case, your money loses value even as you walk to the store—because the government is printing more money as you walk.

Is this where America is heading? Experts aren’t worried about inflation right now. Oil is so cheap that refineries literally can’t give it away. The economy is shut down—so you don’t have too much money chasing too few goods. There’s not much money moving at all.

So we’re unlikely to face hyperinflation tomorrow.

But what happens in the long run? When people go back to work? When economies wake up?

The economists don’t know. We’ve never done anything like this before. We’ve never printed this kind of money successfully and gotten away with it. And the restrictions put in place that have allowed us to “get away with it” thus far are being removed. Even if we have contained the danger thus far, in the next economic crisis they’ll be even fewer restrictions. Central banks will almost certainly be printing money and giving it directly to the government.

The foundations of our economy are much more fragile than most people understand. Your bank account is a flimsy thing to trust in. You could spend years saving up $10,000. The Fed was creating $75 billion a day last month. Even your local bank branch can now create vast sums from nothing. Are they someday going to wipe out your savings?

At this point, some may suggest buying gold. And there’s some wisdom to that. But even gold won’t save you from a total economic collapse. As we wrote in 2012:

As long as the global economy is functioning, and people are worried that paper money is being destroyed, there will be a growing demand for gold. Over the short term, gold has potential as a good investment.

But if you are looking to gold to save you from the looming economic collapse, you will be terribly wrong. If the economic system collapses, and there is no food to eat, people won’t care how much gold you have. Deep down, many investors realize this. That is why some financial advisers recommend learning to farm and becoming self-sufficient.
Hyperinflation and a collapse of the dollar would create a crisis so big that even a gold reserve wouldn’t keep you safe.

The Bible forecasts an economic collapse so bad that even gold won’t be worth anything. Ezekiel 7:19 says people will throw it in the streets; the economic crisis will be so bad that people will only value things they can eat or use.

There is only one sure investment, completely beyond the reach or any central bank or government. Yeshua exhorts His followers: “Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: For where your treasure is, there will your heart be also” (Matthew 6:19-21). Invest in God and He promises to take care of us more surely than any gold can (verses 31-33).

How can you do that? Our free book Mystery of the Ages is a great place to start. It outlines God’s plan for this world and how you can be a part of that plan—and invest your time and money in it. And if you want to know more about godly money management in an uncertain time, our free booklet Solve Your Money Troubles! has both the practical advice and spiritual guidance you need.

 

2.8 Trillion spent in a month. But Where Did It come From?

U.S. Adds Trillions to Debt
U.S. House Speaker Nancy Pelosi signs the additional $484 billion relief package amid the coronavirus pandemic at the U.S. Capitol in Washington, D.C., on April 23.
NICHOLAS KAMM/AFP VIA GETTY IMAGES
In a matter of weeks, the U.S. has passed trillions of dollars’ worth of stimulus packages—and more are on the way.
APRIL 28

The United States passed its fourth stimulus package in less than two months, amounting to another $484 billion. The legislation, which passed on Thursday, April 23, brings U.S. coronavirus spending to $2.8 trillion.

This most recent package includes $320 billion for small business under the Paycheck Protection Program. Another $25 billion will support increased covid-19 testing across all states, and $75 billion will be provided to hospitals and health-care centers.

This rampant spending is a grave threat to the U.S. It is simply unsustainable. On his April 22 program, Trumpet Daily Radio Show host Stephen Flurry asked, “Where does it end? Answer: Nowhere. … It just keeps skyrocketing up.”

Democrats, led by Nancy Pelosi, are already formulating the next spending package, cares 2, which is intended to provide unemployment benefits, food stamps, medical protective equipment and testing. Analysts predict that this package could exceed $1 trillion.

President Donald Trump is right on board with more spending, as well. On Tuesday, April 21, before the latest spending package was passed, he was already looking ahead to the next relief package, tweeting, “After I sign this bill, we will begin discussions on the next legislative initiative with fiscal relief ….”

Under the Paycheck Protection Program, with billions of dollars going to businesses and individuals, millions of people are effectively employed by the government. American lawyer and radio host Mark Levin responded to these stimulus packages, asking, “Why would you adopt a Maduro economic plan?” When the $2.2 trillion stimulus was passed, Levin said that America became socialist. Under socialist President Nicolás Maduro, Venezuela descended into economic and social chaos. That country is a vivid, modern-day depiction of the results of socialism.

And where is all this money coming from? Mostly from the printing presses. The Federal Reserve is simply printing money out of thin air. This is raising fears that the world’s single greatest superpower is heading for hyperinflation and rapid decline if the country does not change course fast.

On his April 21 radio show, Levin continued:

[T]his has nothing to do with stimulus—printing money left and right and shoving it into an economy. … Both parties, both branches of government are exploiting us now. Don’t make America into Venezuela, or the Weimar Republic, or Zimbabwe. Don’t turn us into some poor, declining European country while the Chinese are on the move and on the rise. … The laws of economics are like the laws of physics—they don’t change.
Those countries Levin mentioned are prime examples of what the U.S. will become, based on its current trajectory. Bloomberg reported that America is set to reach a deficit of nearly $4 trillion this year, or 18 percent of its economy.

With millions of people now employed by the government both in America and Britain—essentially being paid to do nothing—why would people want to go back to work? “As a nation, we are losing the will to work,” the Telegraph reported on April 21.

As Mr. Flurry asked on his radio show, if this is the result of a comparatively weak virus, what will happen when a real disaster hits these nations? By printing and borrowing money, the U.S. is weakening its security. If it continues in this direction, it will soon be unable to afford its massive military spending, which underpins global security.

“Facing this much economic damage, the United States also faces a threat to its power and security, and the world order on which its security depends,” wrote the American Interest. “On this point, it is important to recall that American global hegemony rests on its unparalleled ability to project force abroad. That ability is sure to be tested going forward. The U.S. defense budget will have to end up on the chopping block—if not now, then in the coming years when deficits really start to soar.”

Other powers are going to challenge the U.S. “What happens when the world has gotten everything that it [can] from this great superpower and then decides, ‘You know what, it’s time to pull the rug out from under this’? The greatest fall that ever befall any nation,” said Mr. Flurry in his April 22 program.

https://www.thetrumpet.com/stephen-flurry/22276-a-virus-that-killed-americas-economy

In The United States and Britain in Prophecy, late educator Herbert W. Armstrong wrote:

Do you think so great a fall could not come to so great powers as Britain and America? Do you say, “It can’t happen here?” Do you think the great God who was able to give them such unprecedented world leadership and power and wealth is not able to take it away from them and throw them, like their ancient forefathers, back into slavery?

You need to open your eyes to the fact that Britain’s sun already has set! You need to wake up to the fact that the United States, even still possessing unmatched power, is afraid—fears—to use it, just as God said: “I will break the pride of your power”; that the United States has stopped winning wars—that America was unable, with all its vast power, to conquer little North Vietnam! The United States is fast riding to the greatest fall that ever befell any nation! The handwriting is on the wall!
Leviticus 26 contains promises from God, in which He says He will bless His people if they obey His law. If they disobey, however, He will curse them. America has turned from God and from His law and now it is reaping the consequences. Verse 20 reads, “And your strength shall be spent in vain: for your land shall not yield her increase, neither shall the trees of the land yield their fruits.” As Americans and Britons bunker down in their houses, this prophecy is being fulfilled. The land is yielding almost nothing. Instead, the economy is in rapid decline.

This coronavirus pandemic has brought Mr. Armstrong’s words to life more than ever before. If the handwriting was on the wall when he published the first version of The United States and Britain in Prophecy in 1967, the reality could not be more stark than today. In a matter of weeks, the U.S. has added almost $3 trillion to its debt at a time when the land is yielding almost nothing. It is now more evident than ever that the U.S. “is fast riding to the greatest fall that ever befell any nation!”

To more thoroughly understand these prophecies for the immediate future of Britain and America, please request your own copy of Mr. Armstrong’s free book The United States and Britain in Prophecy.

 

What does it mean by Keeping Shavuot

News-Letter-April-31-2020

2 Comments

  1. Dear Mr. Dummond:

    Shalom. I am using a vernacular Ang Mabuting Balita (Tagalog) Holy Bible, “Ang Pangaco” meaning The Promise which was printed by Philippine Bible Society, and derived from United Bible Societies 1976. From its Preface, the translator/s said the Old Testament was from Masoretic text printed in Hebrew Bible (Rudolf Kittel, 1937), and also used Greek, Syriac and Latin. The New Testament was from Greek New Testament (United Bible Societies, 3rd Ed. 1975).
    It was given to me by my mother (Bless her soul!) as birthday present in 2004.
    When I read about its Koine origins and failed (or misleading!) concepts, I turned to The Holy Bible with Strong’s Concordance. I still look towards Ang Pangako for comparison but adapt to Strong’s especially with root words.
    And I find it more colorful.
    Bro.Aike is still pursuing Goshen in Antipolo City even in this trying times.
    Chag Sameach haShavuot!

    Reply
    • Shalom Antonio, yes use many bibles and always go back to the Hebrew to learn what it originally said. Help support Brother Aike in all things. He is looking out for all the brethren.

      Reply

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