Why

 

should we study biblical end time prophecy?

If you know the play book it makes it easier to accept what is going on.

We were given a guidebook (The book of Revelation) for a reason, so as to be prepared and understand "all of this must happen"...

Matthew 24:6

You will hear of wars and rumors of wars, but see to it that you are not alarmed. Such things must happen, but the end is still to come.

Yields rise to decade highs, curve inverts on growth fears

"Yields jumped after data on Friday showed that U.S. consumer prices accelerated in May as gasoline prices hit a record high and the cost of food soared, leading to the largest annual increase in nearly 40-1/2 years."

(And some of the "experts" wanted to try and tell you "inflation has peaked? What happens when all the trucking firms start going out of business because they cant afford the cost of Diesel? What happens when farmers out west cant get water from the reservoirs to irrigate their crops and livestock? I read an article last week and this guy was saying that there is typically a season lag between when things are harvested and when they appear on store shelves, so if you think food prices are high right now? Look out.)

"The Fed is expected to hike rates by 50 basis points when it concludes its two-day meeting on Wednesday, with traders now seeing a 75 basis point increase as having a 27% probability."

(That puts us at 1.5 or 1.75%. 2.25 -2.5 crashes the housing market which by all accounts is already shaky at best.)

"Fed funds futures traders now expect the Fed’s benchmark rate to rise to 3.88% by May, almost one percentage point higher than was expected last month, and up from 0.83% now."

(4% and we cant make the interest payment on the national debt and all the piles of treasuries and $ in central banks around the world become worth less than the paper they are printed on. 3.88% by may of next year, oh and by the way without a "real ID" you wont be able to board a domestic flight come March, no wonder I had that Orwellian feeling walking into the drivers license branch that day, but I digress, I go back to the point I was making in a previous post, these people are not that incompetent, they know exactly what is going on and are going to try and put it off as long as they can. "Rearranging deck chairs on the titanic" Peter Schiff said...yup)

"Deutsche Bank said it now sees rates peaking at 4.125% in mid-2023."

(Ouch.)

"Some Fedwatchers, meanwhile, are sceptical the U.S. central bank will move faster with rate hikes. Pictet Wealth Management's senior economist Thomas Costerg noted, for instance, that most inflation drivers such as food and fuel remain outside central bankers' control.'

(Interest rate increases simply will not solve supply shocks. We have two choices neither one of them any good, let inflation spiral out of control, or default on the INTEREST payment on the national debt. We have kicked the can as far down the road as we can. At this point? We are the frog in the proverbial pot of water.)

"The boiling frog is an apologue (moral fable) describing a frog being slowly boiled alive. The premise is that if a frog is put suddenly into boiling water, it will jump out, but if the frog is put in tepid water which is then brought to a boil slowly, it will not perceive the danger and will be cooked to death."

It doesn't need to be literally true. Figuratively its exactly what has happened to us.