Latest Posts
View the latest posts in an easy-to-read list format, with filtering options.
View the latest posts in an easy-to-read list format, with filtering options.
Multi-part posts on a particular topic, grouped together in "series" pages.
Look through our blog archive by year / month, or in a massive title list.
11/23/2024 - Russia’s hypersonic missile attack on Dnipro two days ago was originally reported to be from... Read More
11/22/2024 - Yesterday the new Prophetic Year began. It began later than usual. Normally, it begins within the... Read More
11/21/2024 - David was a man of war; Solomon was a man of peace. David was allowed to make preparations for the... Read More
Read over 100 books written by Dr. Jones, available to read for free online. Several of the books have also been translated into different languages, and are also available to read for free. The only time you pay is when you purchase a physical version of a book.
View Full Book List
Read a variety of tracts that condense a topic into a short, single page format. These tracts can be read for free online, or physical copies can be purchased in bundles. If you are subscribed to the FFI Newsletter, you will receive new tracts when they are released.
View Full Tract List
http://money.cnn.com/2011/02/10/markets/dollar/
NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.
In 1944 the US dollar was made "the world's reserve currency" at the Bretton Woods conference. That era is now drawing to a close.
When Nixon took America off the gold standard in the early 1970's, an agreement was made by which all international oil sales would be priced and paid for in dollars. This supported the dollar even when it was no longer backed by gold.
The oil-backed dollars is now about to be replaced by the Iraqi dinar, because central banks around the world will be using their dinars to purchase oil from Iraq. I think that oil will be purchased in both currencies for a while, but with the value of the dinar going up and the dollar going down, the dinar will effectively replace the dollar.
The long-term effect of this will be that the dollar will be devalued. We can expect to see the price of oil rise about $5 soon and the price of all imports will go up. At the same time, however, our exports will become more competitive, so this will help other businesses. Perhaps we will see fewer jobs going overseas.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
We are only able to do what we do because of your support. If you feel led to support this ministry, we deeply appreciate it
