Prophecy Sign: A new Global Economic/Financial system to exist during the Tribulation period.
The present financial system which sees the use of many independent sovereign currencies will change to that of a global financial system utilizing a single global monetary unit or currency. (Or perhaps a single global unit of exchange that all other currencies are based on; Probably a lot easier just to get rid of all the independent currencies and implement a global one). Everyone will be required during the latter part of the Tribulation to accept the Antichrists mark of allegiance in order to participate in daily commerce in this new global economic/financial system.
It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name. Revelation 13:16-17 NIV
From the article:
Presently, the world has regional monetary unions, such as the European Monetary Union, the Eastern Caribbean Monetary Union, and the West and Central African Monetary Unions. The EMU is the largest and most successful and is growing, and is a model for future monetary unions, including the future Global Monetary Union. Several Persian Gulf countries are forming a monetary union, as are several East African countries. As the euro zone grows, people around the world are increasingly asking the question: if it works for 17 countries, soon to be 31, why not for 192?
The world would implement a single global currency by expanding existing monetary unions, by folding them into a single global currency. The Single Global Currency can be said to exist when these currency consolidation trends create one currency for countries representing approximately 40-50 percent of the world's GDP. After that, we will have passed a "tipping point," and the remaining countries will clamor to join.
Is the World Headed Toward a Single Global Currency?
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