Will The U.S. Dollar Fail and Be Replaced By A One World Currency?

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“The economy is crumbling…the Dollar will fail and be replaced…the U.S. economy will be handed over to the antichrist.” If you have ever read anything about Bible prophecy I am sure you have heard statements such as this. These types of comments are uttered so often one would think they are actually written about in the Bible. The people who write and read the books that make these sorts of statements claim that they are; but are they really?

I believe it is high time for people who call themselves Christians to learn to discern information that they hear and read in books from information actually written in the Bible. Christians need to stop carrying the torch for those that are basing their beliefs on things that are not validated by Scripture.  This view about the U.S. economy is a case in point.

Bible teachers that write and speak about Bible prophecy continue to parrot each other and repeat the same “bad” information so often that Christians treat these positions as if they are based in Biblical Truth. To disagree with them would be to “disagree with the Bible.” I reject that assertion. If we are all seeking the Truth of Scripture we need to be discerning enough, and mature enough, to follow the information to a logical conclusion, even if it contradicts our preconceived positions.

This is especially true in the case of Bible prophecy. A challenger to ones preconceived views is often viewed as a “heretic,” just because the view has been held as “Biblical Truth” for such a long time. I will address many of these false “truths” in the course of writing this blog.

To be sure, our economy is in shambles. Our debt is out of sight and our impotent government continues to make the Dollar weaker. Is this indicative of a fulfillment of Bible prophecy, or is it just more evidence of a rouge and fiscally irresponsible government?

What we must first understand is that the Bible is a collection of books with the Middle East as its focus. Americans have been conditioned to view the Bible through American lenses. We need to change our glasses and view the Bible the way God intended it to be viewed. Most of us grew up with an “American” view of the Bible, but the focus of the Bible is always on Jerusalem, Israel, and the nations surrounding Israel. That is why books written about the United States and Bible prophecy should have empty pages. The United States is not the focus of God’s prophetic plan. Read your Bible if you do not believe this, not the books written by prophecy teachers.

Now, onto to our case study. How do these teachers come to conclusion that the U.S. economy will fail and the U.S. Dollar will cease to exist? The first problem associated with the idea that the U.S. Dollar will fail is the idea that the antichrist will rule over the entire world. This is false for a number of reasons. Walid Shoebat addressed this very topic in a wonderful article entitled Where is America in Bible Prophecy?  These prophecy teachers conclude,  “If a one-world-government controls the economy, they will implement a single form of currency. After all, isn’t that what the European Union did?” In addition to this view of a one-world-government, there is one verse that prophecy teachers use to show a single world monetary system and the collapse of the American Dollar.

Rev 13:17

17 “and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.”

Now I ask you…is there any place in this verse that talks about the U.S. Dollar or any other currency? The fact is, this verse is discussing individuals inability to purchase items NOT because of the currency they hold, but because of their allegiance and loyalty to Jesus. Let me put it this way. It does not matter what currency you hold when you enter Costco to shop. In the Untied States the Dollar is used. In Mexico, it is the Peso. The important thing needed in order to shop at Costco is not the currency. If a shopper does not have a Costco Card, the shopper will not even enter the store to shop. In the same way, followers of Jesus will not be able to buy or sell under this system.

I recently talked to a missionary visiting our church from Chad, Africa. His ministry was to Muslims in the area. I asked him what the attitude towards Christians was as a result of the Arab Spring across the Middle East. His response was a little bit surprising. He mentioned how the Muslims he dealt with were not violent towards them, but they were forced to buy all of their supplies from Muslim businesses. Is it such a stretch to think that the Islamists would not even allow Christians to purchase items from them? This is already happening in many areas of the Muslim world.

This is just one verse that is used to perpetuate a wrong view of Biblical Eschatology. As Christians, we need to be diligent to study God’s Word and distinguish fact from fantasy. It won’t be easy; there are many that are entrenched in a false narrative that they have been following for years. I know, I was one of them.

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