Proverbs 4:13 Hold on to instruction; do not let go. Guard it, for it is your life.
Proverbs 1:5 A wise man will hear, and will increase learning; and a man of understanding shall attain unto wise counsels…
Proverbs 27:12 The prudent sees danger and hides himself, but the simple go on and suffer for it.
Well, I do not have good news. Dr. Nenner believes Inflation will be with us in the US for a very long time. How is this possible?
There are government restrictions of Resources like food and energy that will cause scarcity and scarcity causes prices to rise. The United States is experiencing policies of restriction. Scarcity Inflation!
There is now a restriction of Credit, higher interest rates and Quantitative Tightening by less purchasing of Mortgage-backed securities. When it costs more, it raises expenses and higher expenses causes higher prices.
With the US dollar heading toward all-time highs, the US is exporting our Inflation. The dollar is now stronger than the Euro. The dollar is gaining strength against currencies around the world. When the US Dollar is high, this causes Inflation, much higher prices, in countries with weaker currencies.
Utility and energy costs are exploding across Europe. Germans are paying 14X more for electricity than they were a year ago. European Businesses are closing across the European Union. Goods are being restricted affecting industrial production and construction.
What happens when, not if, when the US Dollar Cycles down. Will prices react as well? Will prices go up 20%, 30 % or more?
Make plans now!!!
Check out Michael’s latest video and please share with others.
~
Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be 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 wine!”
A hallmark of the beginning of the tribulation is hyperinflation as noted in Revelation 6 which leads to global famine. Revelation 6 talks of a time when it will cost a day’s wage just to eat.
Are we there yet? No, I don’t believe the seven year tribulation has started.
We know how we get to the beginning of the tribulation: a peace maker, war, hyperinflation, starvation. We are trending and living in inflationary times…
