The Vatican has recently published a paper calling for the development of a world-encompassing financial authority to control the international monetary system. In it are plans for a “central world bank” to regulate monetary exchanges. See http://www.catholicnews.com
‘The 41-page text was titled, “Toward Reforming the International Financial and Monetary Systems in the Context of Global Public Authority.”‘ It proposes… taxation measures in financial transactions; forms of recapitalization of banks with public funds, and more effective management of financial shadow markets…. To view the full article, click here.
Although “a long road still needs to be traveled before arriving at the creation of a public authority with universal jurisdiction” , many Bible students realize that this is just another step toward the rise of the King of the North, also known as the Beast of Revelation.
Prophecy seems to be marching on at an ever-increasing pace… God’s people are warned to watch and pray, and to keep their lamps burning.