"Cash Won't Last"

New cases of COVID isn't the only thing spiking these days.

"Across the globe, COVID-19 is fueling the rise of the cashless economy as employees and consumers alike worry that the direct handling of paper currency could spread the coronavirus," reports Bloomberg News.

Despite the fact that medical and public health experts say there is little data to support this concern, (as long as we wash our hands), many stores will no longer accept cash, especially in Europe.

For instance, in the U.K., the consumer watchdog group "Which?" reported that 1-in-10 people were refused service at shops trying to pay with physical money during the lockdown.

In the U.S., Lululemon & Nordstrom will go completely cash-free when they reopen, while Starbucks plans to "shift toward a more cashless experience," according to their CEO. Even U.S. casinos are leaning toward digital payment options, along with Pizza Hut, Whole Foods, Living Spaces and scores of other brand-name stores.

"And while not all small and midsize businesses have gone cash-free," according to Bloomberg News, "many are pushing card and contactless payments."

Though we're not expecting the world to go cashless overnight, it does appear the pandemic has given this move a giant leap forward.

Why should we care? Because the Bible has predicted we'll go cashless in the End Times.

"The fact that the words of Revelation 13 were penned in the age of wood, stones, and swords, makes this prophecy one of the powerful proofs of the inspired nature and reliability of Gods' Word," declares Dr. Mark Hitchcock, prophecy expert.

"Who could have predicted the technology described in the Bible 2,000 years ago, except God?"

And who could have guessed at the beginning of 2020 how rapidly our world would change, except, you guessed it--God.

A wise man once said: "The Bible says there are things that we should look for that signal the last days and one of them is the scattering and regathering of the nation of Israel, which we know happened in 1948 when Israel was declared a nation. But the Bible also tells us, for instance, that there is going to be a cashless society. The Bible tells us that there is going to be global instability and excessive violence in the End Times. As we look around right now at the way the world is changing...I think maybe we are in the last hours..." -- Greg Laurie, Harvest Christian Fellowship

"You also must be ready all the time. For the Son of Man will come when least expected"  (MATTHEW 24:44).

"And this is what God has testified: He has given us eternal life, and the life is in His Son. So whoever has God's Son has life; whoever does not have His Son does not have life"  (1 JOHN: 5:11-12).

HOW TO GO TO HEAVEN!  ☝

News:

• FNC: Antifa targeting specific businesses; militias form as U.S. cities brace for more violence; "These tyrannical, left-wing anarchists hate free speech," say HSS Deputy.
• The Daily Caller: Portland sees over 60 days of violent protests, rioting, burning and destruction
• Breitbart: BLM Protesters Loot, Set Fires in Democrat-Run Cities Across the United States

 

"When Cash Becomes Illegal"

Denmark is considering passing a new law that could be the first step toward a cashless society.

"The Danish Proposal", according to The Telegraph, "sounds innocuous enough on the surface--it would simply allow shops to refuse payments in cash and insist that customers use contactless debit cards or some other means of electronic payment."

The goal? Theoretically, to ease "administrative and financial burdens."

No big deal, right?

Don't tell that to Norwegian academic Trond Andresen. In an article for real-world economics review, Andresen has developed the Modern Monetary Theory (MMT), a concept for going completely cashless worldwide.

Andresen's paper suggests:

• abolishing all physical currencies
• abolishing all "normal" bank accounts
• using only electronic "money"
• allowing for only government-controlled banking

Far-fetched? Not according to Andresen's Modern Monetary Theory:

"In a recession or even depression-like situation--the case in most countries today--the attraction of MMT is obvious: since a government with own-issued currency is not financially constrained, such a crisis can be remedied by running arbitrarily high fiscal deficits as long as needed, i.e. spending extra money into the economy to employ people and buy goods and services. A government issuing its own currency can always employ all the unemployed."

In other words, the sky's the limit.

MMT also allows:

• control over inflation/deflation
• redistribution of wealth
• elimination of tax evasion
• theft and many other crimes
• an end to the "boom & bust" cycles

"In a depressive situation people will gratefully accept this," predicts Andresen.

And he's probably right. His Modern Monetary Theory has gotten the attention of global leaders desperate to solve financial woes that have become epic.

Debt-riddled Greece, Puerto Rico, Italy, (all on the verge of default), are only the tip of the iceberg. Asian, European and U.S. debt are at historic highs.

According to the Financial Stability Board, the entire world financial system is in deep, deep trouble.

And guess what gang? That's exactly what we should expect if we are living in the end-times.

A wise man once said: "We need to take care that we do not become lax in our thinking--God has set a day which will mark the end of this world as we know it. This should prompt us to encourage others to repent and believe in Christ."--Len Woods, Th.M.

"Just so, when you see the events I've described beginning to happen, you can know His return is very near, right at the door."  Matthew 24:33

News:

• Newsweek: Healthy 24-Year-Old Granted Right to Die in Belgium; euthanasia increasingly popular among young people citing depression. Only those 12-years or older qualify.
• Fox News Channel: Oklahoma Supreme Court orders 10 Commandments removed from State Capitol.
• CBS News: Feds warn of potential July 4th terror attacks targeting law enforcement.