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William Branham and the International Money System: Difference between revisions
William Branham and the International Money System (view source)
Revision as of 19:10, 17 January 2021
, 3 years ago→Does the Roman Catholic church have the ability to "call in all the money"?
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William Branham stated on several occasions that: | William Branham stated on several occasions that: | ||
:'' Rome has acquired nearly all the supplies of gold. The Jews have the bonds and all the paper. At the right time, the harlot will destroy the present day money system by calling in all the paper, and demanding gold. With no gold, the system falls.<ref>An Exposition Of The Seven Church Ages - 8 - The Philadelphian Church Age</ref> | :'' Rome has acquired nearly all the supplies of gold. The Jews have the bonds and all the paper. At the right time, '''the harlot will destroy the present day money system by calling in all the paper, and demanding gold.''' With no gold, the system falls.<ref>An Exposition Of The Seven Church Ages - 8 - The Philadelphian Church Age</ref> | ||
This might have been theoretically possible when William Branham was alive if the Vatican had a sufficient amount of gold (but they didn't as indicated above). this was because of the "Bretton Woods" system of monetary management which established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan under the 1944 Bretton Woods Agreement. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained its external exchange rates within 1 percent by tying its currency to gold. | This might have been theoretically possible when William Branham was alive if the Vatican had a sufficient amount of gold (but they didn't as indicated above). this was because of the "Bretton Woods" system of monetary management which established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan under the 1944 Bretton Woods Agreement. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained its external exchange rates within 1 percent by tying its currency to gold. | ||
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==Our conclusion== | ==Our conclusion== | ||
William | William Branham's prophecy relating to the Roman Catholic church "calling in all the money" because of its massive gold reserves is a false prophecy. It could not happen today because: | ||
#There is currently about $1.2 trillion of US currency in circulation according to the New York Federal Reserve Bank. | #There is currently about $1.2 trillion of US currency in circulation according to the New York Federal Reserve Bank. | ||
#The Vatican does not have sufficient gold reserves to "call in all the money". | #The Vatican does not have sufficient gold reserves to "call in all the money". | ||
#Even if the Vatican had sufficient gold reserves to "call in all the money," they have no right to do so. | #Even if the Vatican had sufficient gold reserves to "call in all the money," they have no right to do so. No currency in the world, including the United States, is no longer on the gold standard. You cannot "demand gold." | ||
Since what William Branham prophesied could not happen, it is clear his prophecy is false. | |||
=Quotes of William Branham= | =Quotes of William Branham= | ||