The Christ in Prophecy Journal

Mark Hitchcock on an Impending Economic Collapse

Mark Hitchcock


Is there any evidence that the financial markets weathering rough storms right now will crash in an economic collapse, bringing about a one-world order?

Dr. David Reagan and I recently had the pleasure of interviewing Dr. Mark Hitchcock on the show Christ in Prophecy. Mark is a leading Bible prophecy expert, prolific author who has penned over 20 books on the end times, senior pastor of Faith Bible Church located in Oklahoma, and adjunct faculty member of the Dallas Theological Seminary. He is also a much in demand speaker at Bible prophecy conferences all over the nation.

Dr. Hitchcock was invited to answer questions based his book Cashless: Bible Prophecy, Economic Chaos, and the Future Financial Order. It concerns the world presently teetering on financial chaos, global interdependency, and modern technology all converging in such a way that a cashless society and one-world economy are not only possible, but inevitable.

An Impending Economic Collapse

Dr. Hitchcock: I think that the financial stresses we have seen in our country and around the whole world during the last year or so is really bringing together this whole idea that there is going to ultimately be a world economy. There is an old saying that goes, “When the United States sneezes the whole world catches a cold.”

We saw beginning in the Fall of 2008 this financial reverberation throughout the whole world. We have already witnessed in a sense a one-world economy as every nation had to bolster one another. But, when there is a great economic disaster we see it even more. The very first thing the G20 leaders did was to come together and call for a global new deal. Henry Kissinger was calling for a global new world order. Even Rahm Emanuel, Chief of Staff for President Obama, said “You never want to allow a good crisis to go to waste.” And so, world leaders who are shrewd use those types of opportunities to really expand their own power. After all, that is what brought Hitler to power in Weimar Germany. It was economic problems that paved the way and set up the platform for him to come to power.

Revelation 6:5-7 goes, “When the Lamb opened the third seal, I heard the third living creature say, ‘Come!’ I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, ‘A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!'”

What I think we’ve seen in the last year or so in our world is kind of a precursor to what is ultimately going to happen. That rider on the black horse who runs through the Tribulation represents a time of runaway hyperinflation. It will take everything a man can make just to buy enough food for one day. That is also the same thing that happened back in Germany that paved the way to economic control, because when people have that kind of economic devastation around them they are willing to do anything. They’ll turn power over to anybody who can just give them some kind of relief.

Dr. Reagan: That’s so true. When you see how the United States is operating right now, where our government is basically just printing money like mad, what that’s going to ultimately do is generate hyperinflation. The dollar is going to become increasingly worthless. In fact, the dollar is very rapidly becoming increasingly worthless when you consider the fact that the only thing that has really kept the dollar alive has been that oil is tied to it — the Petro Dollar. Now nations are moving away from that. Even nations like China are saying the world has got to move to a world-wide currency. Tremendous pressure exists right now to get rid of the dollar and go to a one-world currency.

Dr. Hitchcock: A number of countries want to get rid of the dollar, which is kind of the super world reserved currency, and ultimately move to a one-world currency. Not long ago, Russian President Medvedev had a coin that was an example of a possible new one-world currency. It was just a facsimile or a precursor to what could be the real deal, but he had this coin which he keeps in his pocket.

And so, there is this move afoot towards a one-world currency. But, I think there is going to have to be real economic devastation to have this ultimately take place. I think the world will come together economically before it will come together politically, and then the Antichrist will just use that crisis to take power.Nathan Jones: Like the EU did right? The EU came together economically before they were a political union. The European Union is a model of what is to come.

Dr. Hitchcock: That’s right. The economic union brought about political union, which it always does. Even there it was unthinkable that the Germans would give up the Deutsche Mark or that the Italians would give up the Lira or the French would give up their money, but they did. There are about 192 countries in the world, so people say, “How are you ever going to have one currency or one economy among all of them?” Well, we’ve got 27 nations now in the EU and almost all of them have adopted the Euro, and they all will eventually have to for cohesion.

There is a large percentage of the countries in the world that already have adopted a single currency, so we can see how this shift could easily take place.

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ABOUT AUTHOR View all posts Author Website

Dr. Nathan E. Jones

As the Internet Evangelist at Lamb & Lion Ministries, Nathan reaches out to the over 4.5 billion people accessible over the Internet with the Good News of Jesus Christ. He also co-hosts the ministry's television program Christ in Prophecy and podcast The Truth Will Set You Free.

19 CommentsLeave a Comment

  • while the beginning stages of a one-world currency is in place it would take several years to come about. then to move from a single currency to cashless altogether would also take years. when i see some signs like the potential for psalm 83 and gog/magog i think the rapture is close but when i consider a one world currency then cashless society i think it`ll be years

  • Dawg,

    I agree this would take years which makes me ask the following question…

    Does it specifically say in the Bible there will be a single monetary unit OR does it only say that in order to buy or sell you must accept a mark or both?

    These are two different things. I hope someone has the answer as I'm swamped and can't research it myself.

    If ONLY the mark is mentioned, then you wouldn't need all those years to put this in place. And I'm not sure we have enough years left to do such a thing.


  • the only thing i can think of, and perhaps i`m answering my own question, is with the world in chaos from the rapture, gog/magog, world war 3 and the seal judgements and trumpet judgements (1/2 the worlds population wiped out) a streamlined currency AND cashless society would be gladly accepted, and demanded, by all and would only take say 30 days to implement. and since europe would be one of the only powers left the currency would be the euro. just a thought.

  • the other thought i had is this: what if the world leaders had ALREADY been planning a global currency for years and it`s way way way more advanced than anyone ever knew and it`s to be implement VERY soon. personally tho, that sounds way out there and only a loony would really think that.

  • When I was at my bank, I asked about our cheques that are to be phased out. I was told 'not until 2018'. I asked if they are getting us ready to go cashless? 'Eventually' was the reply. when I suggested it may come sooner I was told 'Mmm, maybe?' I said I thought that my generation was the fly in the ointment as we don't like too much change, that we are what is holding it up? 'smile and uhuhuhuu mmmm aaaa'. So I took that as a 'yes?'.
    However when triple 6 makes an appearance I don't suppose he will worry about such niceties toward the slow to learn. When the Church goes, I think things will move very rapidly?

    Everyone ok? God bless.
    E.I. x

  • If anyone can help me on my original question I'd appreciate it.

    I know the Bible says you won't be able to buy and sell without the mark.

    BUT…does it SPECIFICALLY say ANYTHING about a single currency? Not that I can recall.

    It seems to me having a single currency means there would be no need to also have to accept a mark.

    So for now, I don't buy into a single currency argument.

  • billy, what i`m about to say is speculation only, 1st of all the bible doesnt mention a single currency BUT with a one world leader, a single "marking" systen it would appear a single currency is necessary. lets suppose the mark is also a means to scan your account, since the info would likely be linked to a single based computer that has a record of all the true citizens of the world it would stand to reason that a single system would be needed. just a theory tho. the bible doesnt mention a single currency.

  • No, the Bible doesn't say anything about a single currency, but which is easier to handle? Several currencies or just one. For the global community they have in mind, one is the perfect number. You don't have to worry about exchange-rates and you can travel country to country without changing currencies the way you sometimes do now.

    I don't know about the mark or what it will be (and frankly, I don't care), but I think the system will work much like a traveler's check does now.

  • Hartdawg
    I have been able to read some more by going backwards! – don't ask! Anyone would tell you, I am nothing but 'trying' 🙂 I shan't give up after agreeing to try again. I was detoured by my book on 'Dispy'.
    You may be right about my chat at the bank, she was management but she did have a rather 'knowing' look in her eyes and seemed deliberately vague?

  • Billy
    This may be nonsense, but I think the ‘mark’ speaks of a specific ‘currency’. You and I may be really, really wealthy in US dollars or Sterling, but if we went into Europe, we couldn’t buy or sell anything at all until we changed into Euro’s. The ‘mark’ of the beast could become the name of the currency, just as the Germans once had ‘marks’? it smacks of a worldwide single monetary control by the beast to me?

    Ooo change of subject! I am all alone at present, it’s nearly 23.30 pm and I have heard the most awful sound of screaming and my hair has stood on end. My dear old Mater lives next door and I thought there was something really wrong – panic over, it’s foxes fighting over the remnants on the bird table – phew!!! Praise the Lord!

  • Just to remove all doubt for the late-comers…

    All the way back in 1968, the late, great Dr. Stuart Crane, Fmr head of Business Admin Dept at Bob Jones University, gave his classic 6hr seminar on 'Proofs of a Conspiracy'. In it, he mentioned that the year before ['66-'67] there was a conference on the 'Monetary Crises of the World' in Geneva, Switzerland wherein it was 'proposed' [read 'planned'] that in order control inflation and the subsequent, rapidly-fluctuating exchange rates, the UN will create a single world currency to 'stabilize' [read 'control'] world economies.

    Then, in order to prevent cash robberies, money smuggling & laundering, and credit card & identity theft, the cash itself would be eliminated and the entire world would operate on a Debit & Credit system run by compukers [intentional spelling].

    Everyone would receive a tattoo on their right arm so they could work to credit their accounts and their account would be automatically debited when they shopped.

    When someone from the French Consulate asked "What happens if someone refuses the tattoo?" they were told "That person would be liquidating themselves, because they won't be able to buy or sell anything."

    Mind you, that this was back when they were just unveiling the UPC and market-place scanners…

    If you hadn't heard it before, 200yrs ago, Thomas Jefferson predicted "I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." — The Debate Over The Recharter Of The Bank Bill, (1809)

    It was the Crown banksters that instigated the war of 1812 to distract US from the ratification of the missing original 13th amendment [legally ratified by 20 states & in their constitutions].

    It was the Crown banksters that instigated the civil war to drag US into debt & control, and break us into 9 smaller countries that they could pit 1 against another like they had been doing in Europe for yrs. [In Bismark's letters he mentioned that "it was decided in the House of Rothschild that the United States was to be broken up" and he funded Jefferson Davis]

    And it was the Crown banksters that had the 13th Amend~ removed in the confusing aftermath of the civil war.

    So you can believe that all this has been carefully mapped out and orchestrated for a long, long time… [If it wasn't for the work of the 'restrainer', they would have their NWO at the end of the civil war with the destruction of the US]

  • PS. I forgot to mention that from the early '60s, like a helpless passenger on a run-away train, I've been watching all this unfolding as predicted, and wondering 'How long, O Lord, before we hit the end of the line…' I can't bail out at this speed, so all I can do is look around at some of the terrified passengers who are awake and tell them: we don't know how much longer we have so here's how to make your piece with Him quickly…

  • I'd like to remind everyone that the mark of the beast is not just monetary in nature. It's also (dare I say "foremost"?) a means of swearing allegiance to the A.C. Therefore, it seems to me that it can't be as simple as just a world-wide currency. There's something else that goes with it. Otherwise, many people could be tricked into agreeing to taking the mark for survival alone –and condemned to hell.

    Personally, I believe the mark will be a very obvious pledge to worship the A.C.

    That's just my opinion, though!

  • no laura, not just your opinion, but fact. i mentioned on the previous post that what we know for sure is 1)its a literal mark 2)its connected to worship of the beast or his image 3)you cant buy or sell without it 4)at that time people will know what they are doing 5)the decision is final and consequences eternal. anything beyond that is speculation

  • Laura, you are correct. There are other factors that come into play. And the Bible indicates these are all in concert for maximum effect.

    My point was to show that all this goes way back to old plans of ol' AC hisssself, and is very well documented.

    However, with new technology developing so rapidly, these plans have 'morphed' into something much closer to what we are now starting to see & understand in Revelation.

    And, like the article points out, dire economics is a powerful motivator that cannot be discounted. I don't recall the ref just yet, but in the OT there are prophecies of famines so severe that mothers would eat their own children.

    One of the overriding factors that 'covers' all the others like an umbrella is that "…God shall send them strong delusion, that they should believe a lie." 2 Thessalonians 2:11. [a fear-factor that the world loves & is rife with.]

    I think the 1st is the Alien Abduction Rapture Excuse, with the promise that [Digital Angel] the RFID chip, could track what planet where the 'aliens' have taken you…

    Additionally, in that same fear-factor, there's also the potential promise of the chip creating the precursor to the 'convergence', a digital 'collective [Borg] mind link', –being one with ol' AC hisssself, so they could actually sense & see where you are.

    Another factor, the nuking of Damascus, Isaiah 17:14, the 1st nuking since WW2, with "wars and rumors of war" raging, the promise of "Peace and safety" 1 Thessalonians 5:3, a treaty to head off WW3 will be very persuasive.

    And a final factor that Dr. Reagan has pointed out in other posts: plain old defiance against God!

    I think that Perry Stone's favorite scholar, Bill Cloud, has it right in that prophetic patterns are not linear, but circular & repeating 'paths' [Psalm 22] off of the Genesis 3 pattern.

    Illuminati & New Agers are still stuck in Gen.3, believing that they can 'merge' with AC, 'ascend', [a la; "Childhood's End"] & overthrow the 'old buzzard', "…not knowing the scriptures, nor the power of God." Matthew 22:29

  • The manipulation of the Plebeians has run throughout history like a cancerous growth; toward the climax of a personal man of sin’s total control of lives. Its purpose is always the same, to overthrow any faith, or trust, in God and replace it with crippling fear and uncertainty. The parents of a family, will be sorely tested to believe, and trust in God, for deliverance from eternal death OR deliverance from immediate death from starvation and exposure for them and their families. The price to pay will be to accept the offered ‘mark’, by agreeing total allegiance to the powerful new Caesar.

    ‘Fox’s Book of Martyrs’ tells of one event, during the Spanish Inquisition, where a mother was tortured by being placed in a cell next to her small child. She heard the screams of her little one being brutalised, and she was given the responsibility to stop the torture of her child by agreeing to take the R.C. ‘host’, and to deny her personal faith in Christ. She and her babe are now with Jesus.

    DrNofog. In A.D.70, at the siege of Jerusalem, parents were so starved that they killed and ate the bodies of their own children.

    Both examples boil down to, what will an individual do, when during Daniels 70th Week, a time predicted by Jesus to be more terrible than anything that has ever been, or will be, to not take the mark and stay faithful to Christ – or to die slowly while watching their family suffer the same? Not all will have the advantage of a quick demise by decapitation.

    At the root of it is Satan’s desire to be worshipped as God by the control of the world’s purse strings. Imho.


  • The church is going to enter and take the "promised land" ie the world. First the Lord will destroy the strongman that is in the way "jericho" which represents the world financial system. Everything will be destoyed in jericho except physical silver and gold.
    All the best , Simon


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