TRUNEWS with Rick Wiles - How Will You Pay for Groceries When Prices Keep Climbing?
Episode Date: July 13, 2022American consumers paid whopping high prices in June for almost everything they purchased or consumed. The consumer price index soared 9.1% from a year ago – much higher than financial experts expec...ted. The unabated runaway inflation is contradicting the official narrative told my Washington officials who want the American people to believe that the spike in inflation has peaked. The “don’t worry inflation has peaked” propaganda replaced the “don’t worry its transitory inflation” nonsense that politicians and news networks were telling us months ago. On today’s episode, Rick shares how you can use faith to break the inflation cycle. Rick Wiles, Doc Burkhart. Airdate 7/13/22It’s the Final Day! The day when Jesus Christ bursts into our dimension of time, space, and matter. You can order the second edition of Rick’s book, Final Day! https://rickwiles.com/final-day
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The following program is made possible by the faithful prayers and financial support of listeners just like you.
To find out how you can help, visit nothing but the truth, so help us God.
I'm Rick Wiles.
American consumers paid whopping high prices in June for almost everything they purchased or consumed. The consumer price index soared 9.1% from a year ago,
much higher than financial experts expected.
The unabated runaway inflation is contradicting the official narrative
told by many Washington officials who want the American people to believe
that the spike in inflation has already peaked.
The don't worry inflation has peaked propaganda line replaced the don't worry it's transitory inflation nonsense that politicians and news networks were telling us just months ago. Anybody who has put gasoline in their car or truck
or purchased groceries or paid utility bills
for services in the past several months
already knows that all of us are paying far more
in the summer of 2022 under Joe Biden
than we were under Donald Trump. That's a fact. In recent
months, this ministry has made a pivot in our mission. The most accurate definition of our
purpose in 2022 is to make ready a people prepared for the Lord. Just as John the Baptist was sent to make ready a people prepared
for the first advent of the Messiah, Jesus Christ, the Holy Spirit is now sending forth many ministers
of the gospel to make ready a people prepared for the second advent of Jesus Christ. The four horsemen of the apocalypse are already riding
and they are bringing to this world famine and hunger,
war and death.
The time has come for Christ's church to mature
and get serious about the times that we are living in.
We must get ready and be prepared
for the coming of the Lord. That's the
mission of this ministry in 2022 going forward towards the 2030s. We must strengthen the body
of Christ to survive and thrive in the last days as we carry the banner of King Jesus before a world that is confused, bewildered,
and afraid about what is happening in the world.
Doc Burkhardt and I will highlight some financial news today, but later in today's True News,
we will talk about how you can use your faith to trust God, to receive whatever you need. Our True News
audience is diverse. Some of you are financially well off and will have the resources to ride out
the storm, but you will need heaven's help if you plan to continue being a blessing to others around you. However, other people watching this
Godcast are barely holding on, even in good times. Runaway inflation will devour you if you don't
quickly learn how to trust God. Others have good jobs and growing families, but you're feeling the
pinch each time you fill up your gas tank or go to the grocery
store. You're starting to eliminate unnecessary items in your budget. All of you, all of us need
to hear this message today. And it is going to be an inspiring message that will spark your faith.
Amen. And you're trusting God. I believe that. Doc, I'm excited about
today's message. I am too, because it gives us an opportunity to really share our hearts about
giving and the importance of it and giving in faith. And like you said there at the end of the
open, Rick, there are people even in good times are living paycheck to paycheck. And there's a way that we can break that cycle. And hopefully
today you stick with us. You're going to learn some things today that are radically changed.
Your Christian lifestyle and your attitude towards serving the Lord.
We're on to something good. I'll tell you that. That's right. There are a lot of people, Doug, who are not even living paycheck to paycheck.
That's why there are so many paycheck loan companies.
That's right.
And they're on the rise again, too, right now.
Yes, because people can't even get to the next paycheck.
They need to take out a quick loan, and then they're just getting deeper and deeper in debt trying to pay off the loan sharks.
We're going to spend a few minutes just talking about the financial facts.
I don't want to bore you. I don't want to depress you with what's happening, but it is reality.
And things are changing quickly. And some of you have never been through this,
and you have no idea what is going to hit you in the coming months.
I'm going to share today things that I've been through in the past,
and I'm going to share with you what I learned, much of it the hard way.
Amen.
How to trust God and how to believe God and watch Him meet our needs.
First of all, the Wall Street Journal, their headline, U.S. inflation rate
hits a new four-decade high of 9.1 percent. Four decades, 40 years. We haven't seen anything like
this for 40 years. And keep in mind that they've changed the math over those four decades, too.
If we were using the same math today as 40 years ago,
the inflation rate would be close to 17%.
Yes.
So.
That's a good point, Doc.
Yeah.
They're messing with the numbers.
Yes.
So that the real facts aren't known.
So there's a pretty serious recession fear
affecting a broad range of asset prices,
said Laura Rosner Warburton, senior economist
at Macro Policy Perspectives. Retailers' ability to shed unwanted inventory could test whether
pricing is returning to pre-pandemic patterns. Ms. Rosner Warburton said some retailers, such as
Target, have already said they are planning big discounts. Others with robust warehouse capacity,
such as Walmart, could be more likely
to hold on to their excess inventory, analysts say. But the impact of the inflation rate is,
you feel it every time you go to the gas pump. You feel it every time you go to the grocery store.
You feel it every time you pay your utility bill. If you just take those three categories right there, fuel, groceries, and utilities,
you take those, the average inflation rate there
is over 30% from year to date.
That's right.
Doc, one of our team members here at True News
has a large family.
He's got five children.
Right.
He told me yesterday that his normal grocery bill is $400.
And he said, lately, it's been up to, I think what he said,
five, I think he said $578.
And he said he's buying the same items.
Right. They're going down the shopping he said he's buying the same items.
They're going down the shopping list.
They're buying the same items.
They know what they need to feed their kids.
He said, where did this extra $178 come from?
That's inflation.
That's right.
And there's also shrinkflation going on too,
where you buy a product a month ago and buy it today,
it will have a different amount of product in the product. Yes. More less product and so you were being hit by both ends right now now she mentioned the target we brought this up several weeks ago the
target is a target department stores is going to have a big markdown coming this fall,
maybe even seeing it starting this summer,
because they have a lot of inventory that they've got to get rid of.
Now, it's not going to be in food and basic items.
It's not going to be in toiletries and food and, you know,
the consumables that people buy regularly.
It's going to be in clothing, in home goods, in housewares.
There are going to be steep discounts at Target.
That will get people into the Target stores.
Maybe, and this is where I'm going.
In their thinking, anyway.
That's what they're thinking,
but you have to have the money to go buy something.
I think they're going to be in trouble.
Because I think by fall, consumers are going to be saying, I don't care how far they market down.
I don't have the extra money to buy anything right now.
My money is going towards gasoline, towards groceries, towards rent.
I mean, I'm hearing from young families where their rent has gone up several times.
Utility bills are going up.
There are energy surcharges, fuel surcharges on utility bills because they're spending more on oil.
And so it's passed on to the consumers. So I'm not certain that even if
department stores mark down their products this fall, there's going to be a rush of people to
get them. I'm certainly not shopping for anything. I don't care how far down it's marked.
And they're thinking, though, Target is thinking, if we can just get people into the door and
buy something, maybe they'll buy
something with a higher profit margin,
like in the grocery aisle. They can't mark
down the grocery stuff, because
that has a really quick turnover
in inventory.
But clothes, furniture,
all the other stuff, bicycles,
everything like that, that can sit in a warehouse
for a long time.
They don't fall apart, so they got some leverage there.
If they have warehouse space,
and this is what this woman was saying
in the Wall Street Journal,
Target doesn't have the excess warehouse space.
Walmart may have it, Amazon may have it.
I'm not even sure, I haven't seen numbers yet
on Amazon's prime days, whether their sales were
up, down, flat. Some people said, were speculating Amazon would not hit their targets that they
expected. So no more rocket ships or anything for Lex Luthor. Yeah, he may have to cut back. In another one, just to give you an idea
what's happening in the corporate world,
this is Washington Post.
This actually came out a couple days ago.
Facebook tells managers,
low performers don't belong here.
Can you believe that's actually being said at Facebook now,
where they're cutting staff based on performance?
What happened to all the safe spaces and everything that they had at these places?
There are no safe spaces now.
Mr. Zuckerberg, several weeks ago, in a recording that was leaked, told Facebook employees, some of you don't belong here.
That's a nice way of saying, get lost.
I'm going to lay off a bunch of employees.
Because he's going to stay a billionaire.
At least that's his goal, to stay a billionaire.
And so he's going to do billionaire things.
But here it is, they're thinning the herd.
Right.
So if you are a slacker,
and I'm just being real honest with you folks,
if you're a slacker on the job, you're probably going to get slacked.
Even if you work at one of these social media companies now.
That's right.
Because they're going to make very hard decisions.
And they're only going to keep the people who produce.
So you might not want to spend as much time in those sleep pods anymore.
That's right.
Or the free lunch that they offer at the cafeteria.
Doc, when I was a young guy, when I worked for others,
I haven't had a job for 23 years, 24 years.
I haven't had a job for 24 years.
I just show up here and do what God tells me to do.
But when I had a job, okay, I work more now than I've ever worked, okay.
But when I had, you know, an eight to five job working for companies,
I always worked harder than I was expected to work. I did more work than I was expected to work.
I did more work than I was hired to do.
I did more jobs than I was hired to do.
Today, that mentality is laughed at by people.
Right.
Because the attitude today is do as little as you have to.
And still get a trophy for it.
Yeah, and get your paycheck, but don't do anything beyond the
minimum. Let me tell you, if that's your attitude, you're going to lose your job very soon. That's
right. Even at Facebook. Work harder than you've ever worked. Do more work at the office or the
plant or wherever you're at than what they're paying you, don't have this attitude.
Hey, I wasn't hired to do that. That wasn't in the term when I took this job.
We've heard that, haven't we? Don't do that. Don't say that. Okay.
Get out there and do whatever has to be done. Take on extra assignments. You might be yeah, but the company's taking advantage of me.
No, they're going to keep you. If you're a worker. They're going to keep you. You'll be the last that
they let go. Right. All right. You want to be so indispensable that the employers, the managers,
the executives, the owners say, don't lose that woman. Don't lose that guy. We have to keep them
on the staff. And as believers, we need to work as unto the Lord. And I always like to paraphrase
it as, what if God was your boss? How would you work for him? Because he is. That's right. He's
watching. He's watching all the time. So step it up in your job. Just step it up and do better.
The next one, this is from Fox Business.
Google will slow hiring for the rest of this year. So another indicator here in the economy and the direction that it's taking.
Another big tech firm now announcing that they're slowing hiring.
That as they have, you know,
Google has been rapidly increasing people.
Even during the pandemic, they were increasing people.
But now they're putting the brakes on and they're probably going to have to have
fewer DARPA applicants now coming in.
That's right.
But just everything across the board.
So there's a big change that's taking place,
especially in the technology sector.
And so you have to make yourself valuable in technology now,
and not just beyond your basic skills.
You've got to go beyond that now to stand out.
And for a lot of these people, Rick,
that's going to be a major wake-up call out there.
You better believe it.
As you mentioned, the tech companies are cutting back.
You're going to see major layoffs in the tech companies, especially the crypto currency
companies and the blockchain companies.
They're hurting really bad right now.
Some of them have already started folding.
They've already filed bankruptcy, and those companies are shut down. You know, I've seen people, we had an employee here,
I don't know, was it the end of last year or beginning of this year?
A great guy, brilliant, very smart.
And he left employment here to go to work for a blockchain company.
Okay, great.
But where is the blockchain company right now? Because he was excited because it was a brand new company. Well,
brand new blockchain companies probably aren't going to survive this flood right now. This is
taking out a lot of companies. New companies are weak companies. Yes. Okay?
It takes years for a company to grow strong legs.
So don't jump ship right now. If you're working for a company that's solid and has been around, maybe it's boring.
Maybe, you know, you're like, hey, this is a boring place to work.
But are they solid?
Are they dependable? Don't go jumping ship for some
shiny new company that may get wiped out in a financial tsunami right now. If you're young and
you've never seen anything like this, just take it from these old timers. I've lived through a
couple of them and I know what the carnage looks like. And I know how many people lose their jobs,
lose their homes, companies that go out of business, people who declare bankruptcy.
It can be brutal. It can be nasty. And we want to talk to you starting today about how to avoid
being collateral damage in a financial storm. You don't want to be the debris that's picked up after the storm.
You want to go through the storm like a tree planted by a river.
And your leaves just continue to produce fruit.
That's a promise from God.
And this is a time to get close to God. Another story, this
PC Magazine, in worse than expected decline, PC shipments fall 15% in the second quarter of this
year. And if that's any indicator about where this particular sector of the economy is heading,
by the time we hit the fall and winter, Rick,
this is going to be devastating for them
because they make a lot of their money
in the third and fourth quarter,
especially the fourth quarter of the year at Christmastime.
And I think this year, Christmas is going to be just,
it's going to be a wasteland for our retailers.
And a lot of companies survive for the entire year off of their Christmas
sales. That's right. So they exist for the fourth quarter. And you know what, Doc? They're producing
products now for the Christmas season. And you already know what they're doing. They're cutting
back. Yes. Because they don't want to get wiped out with a massive amount of inventory in the fall that no retailer is buying.
So that means they're shutting down production lines.
They're curtailing.
They're laying off employees because they know it's not going to be a shiny Christmas season.
PCs, people are making a decision.
Do I really need a new computer?
Or can I wait a year? That's right. And so people are making a decision. Do I really need a new computer? Or can I wait a year?
That's right.
And so people are making those.
That's the effect, the psychological effect that the inflation rate has,
as you consider it across all these sectors.
Another sector that's being impacted.
This was a shocking story to me.
This is out of Bloomberg.
Home sale cancellations jump.
And so I think this is number 10 for control
if we got the right one there,
where home sale cancellations jumped in June
as buyers backed away.
I think they changed the title.
Yeah, I think that's what they did.
So the original headline was
home sale cancellations jumped in June
as buyers backed away, meaning a record.
People had made an offer on a home.
Signed a contract.
They were in the process of buying a home.
And then they canceled.
Right.
That's a big decision
because you've already invested money.
Some people have money in escrow.
Some people put money up that can't be returned.
So why would homebuyers cancel the contract?
Because they're going to need the money.
Increased mortgage rates.
Right.
Maybe the lender said you're going to have to put more down payment in this deal.
Or maybe during that 30 days they were finding i can't get the loan right i'm
not approved and they had to cancel they had to give that get out of it quickly but what we know
is it was a huge spike in the number of home sale contracts that were cancelled and that is a that
is a very troubling sign for the real estate industry because real estate really drives the American economy.
And then you add this story to it.
This is from Housing Wire.
Struggling loan depot to cut nearly 5,000 jobs in 2022.
In this calendar year, they're going to cut 5,000 jobs within the loan industry.
Now, Rick, that's got to not only just be a yellow light, that's got to be a flashing red light. You better believe it.
I'm going to give some people the same advice that I gave people in 2008 and 2009,
because we were way ahead of everyone. I started telling people in 2004 that there was going to be a real estate crash.
That's the truth. And I believed it so much that Susan and I sold our house in 2005. We sold the
ministry's office building in 2005 because the Holy Spirit told me there's going to be a real
estate crash. And you needed to have cash ready to get through it. Yes. And he told me,
sell the properties, pay off all the bills, pay off your personal bills and sell the ministry's
office and pay off the ministry's bills. And that's exactly what I did. And he said, just sit
tight and rent until I tell you to buy. And so we gave that advice out in 2004.
We sold, again, we sold our properties
in the middle of, like, late spring 2005,
which was really at the peak.
So we sold our properties at the peak.
Got the maximum amount of equity out of those properties,
and then we waited.
And then God moved us to Florida,
and Florida was a wasteland,
absolute ground zero for the housing crash.
They were giving, banks were begging people
to take real estate.
Yes, I mean, you could buy really nice condos
for 25, 30 grand here in the area. I saw them even cheaper. I mean, you could buy really nice condos for $25,000, $30,000.
I saw them even cheaper. I saw them even cheaper. I saw a condo here in Beaver Beach for $18,000.
I saw a whole string of condos in one building up in Melbourne.
The october were going for $6,000 each. Oh my goodness. Now, I mean, it was, as Rick said, it was like a nuclear bomb had dropped in the real estate market here in Florida.
It's since recovered. We've had, especially here in Florida, the market is still hot,
but it's going to get cooled off pretty quick. But when you see things like this about Loan Depot.
Yeah, let's put that back up on the screen because I want to give a piece of advice to
some people. If you work in the mortgage industry and as a loan officer or in any job where you're processing mortgage applications, here's my advice.
It's the same advice I gave the True News audience back in 2008 and 2009.
Put in immediately for a transfer to the foreclosure department.
They'll be busy for years.
Yes.
So loan originators will lose their jobs.
People in the foreclosure department
will have plenty of work.
Yes.
And I'm serious about that.
That's a smart piece of advice if you're employed in the
mortgage industry.
Well, Rick, people are making some very difficult decisions during these financial times, and
they're only going to get tougher. But even as it stands right now, so many people are
living just on the edge. This story is so sad. This is from WLBT. Blaming inflation.
More pet owners are giving up their pets.
Humane shelters across the country are reeling from an influx of pets
given up by owners who can no longer afford them.
That's where so many families here in the U.S., Rick,
they're living on such a tight margin that, I mean, think of the difficult decision to say to your
kids, hey, we have to give up Snoopy here. I know. It's happening.
You know, Doc, Gator died last fall.
Gator was, if you didn't know, Gator was my golden retriever.
And he died last September.
And, you know, i miss him i love big dogs i'd like to have a big
dog again and but i'm not ready and susan susan you know i think she's on the mailing list of every
pet rescue organization in the state of florida you know So they're always emailing her,
here, look at these pictures, what we have right now.
But what we're noticing, because every night,
every night in our home, she's showing me photographs.
Hey, look at this golden retriever.
Look at this Labrador.
Look at this.
These are nice dogs.
These are pedigree dogs.
They're not, you know, mixed breed mutts found wandering around on the road.
These are pedigree dogs that have been abandoned because the owners couldn't afford them.
And I'm seeing a lot of a dog here in the state of Florida.
These pet shelters are being overwhelmed with people just turning in their
dogs. We're hearing stories of people moving, moving away and leaving the dogs in the house.
They can't pay the rent. They can't pay the mortgage. They leave and they just let the
pets in the house. I'll tell you the sad story that happened in my own neighborhood. And someone tied their dog to a fire hydrant, had their bed and all their toys and everything,
and had a sign there, free dog.
Just left them tied to a fire hydrant.
Doc, you live in a nice neighborhood.
Right.
And somebody did that to their pet?
Yes.
I mean, our whole community was in an uproar about it.
But that shows you the financial pain middle-class families are in.
Yes.
And you're, you know, these are middle-class people.
Right.
That, as you said, are leaving Snoopy behind
and have to explain to the children why they couldn't take their pets with them but
it's a sign of how much people are hurting right now also you know the the covet money is drying up
yes um the the money you know the moratorium on foreclosures has ended. Because back during the COVID time, they had a moratorium
that you could not foreclose on people's homes. That's over. And so banks are foreclosing on
homes now. So it's a very different atmosphere right now. And it was caused by the Federal
Reserve. Jeremy and I were talking about this.
He was sending me some text messages this morning
and he was looking at charts and he said,
Dad, the last wave of inflation,
which I went through,
which was mid-70s, early 80s.
Right.
He said it started in the 60s.
The beginning of it was the 60s and it peaked in the early 80s.
Well, that was the time I got married.
Well, what was it?
I told him.
I said, Jeremy, you know what caused it?
Lyndon B. Johnson.
Excessive spending in the war in Vietnam.
Right.
And the Lyndon Johnson Great Society Welfare Program. Dumping all that
money into. Yes. So the government borrowed money. The government spent money it did not have. It
set off a wave of inflation that hit in the 70s and the 80s. What have we done now since the 2000,
2008 crash? There's been massive quantitative easing in the trillions of dollars.
It's now, that wave is now returning with inflation.
And all the COVID money just literally pushed it off the cliff.
Yes, absolutely.
And so the Federal Reserve did this, and they'll never take responsibility for it. They will come up with policies to lessen,
to turn around the policies,
the results of their other failed policies.
So they'll give us more failed policies
to correct the problems
that their previous failed policies created.
And then a future generation will be paying off this stuff.
Instead of forcing the federal government to live to a budget
and whatever happens, happens in the economy.
You know, all the 2008 stuff, they should have let banks fail.
They should have let them wash out.
That's right.
But nope, too big to fail.
And as difficult as it sounds, these past two years of COVID, we did not need the stimulus money.
We needed people working.
But what they did this time is that they did not use money to save small business.
They wanted the small businesses to fail.
Right.
Amazon got bigger.
Yeah.
All these companies got bigger and bigger and bigger
during COVID. Doctor, today I read, I follow Bill Blaine's blog, and he had some comments
about the financial situation. We want to read a couple quotes from, it's called Morning Porridge. How long and deep is inflation
and how close is China to a banking crisis?
And that's not being talked about either.
So Bill Blaine writes,
China is big and it matters.
It is like and unlike the West.
It has multiple growth problems and demographics
that will trigger whole new issues
the West has yet to adapt to.
The COVID lockdowns,
understanding of the party and government, and now bursting economic bubbles in what looks like a
developing banking crisis, I'm beginning to wonder if the Middle Kingdom is in more trouble than we
think. If so, it will have enormous global consequences. It could be a massive no-see-um
that could destabilize the global economy.
So pause there for just a moment.
What banking crisis is he talking about?
A number of banks now are, in China,
are having a liquidity crisis.
They don't have the cash on hand.
People have put their money in banks.
Chinese people have put their money in banks.
They'll go and try to get money out of their ATM.
It'll say their money's there, but they won't be able to take it out. It just doesn't come out of the slot. And there's
people getting pretty upset about that. They're having riots in China. Yes. Over the banks. And
so bringing out police and military. And so Bill Blaine continues, I've been reading up on the
Chinese banking riots in Henan province. The fact Chinese protesters wanting money back from local banks following a run were set upon is hardly unusual.
The immediate suspicion is corrupt local politicians were protecting themselves.
But there are two aspects to the story to consider.
The first is the Chinese surveillance capitalism clamping down on reporting using unidentified security personnel to beat up and break up protesters and local officials manipulating COVID personal health codes to ping protesters as likely COVID carriers take state control to a new level.
Oh, let's just stop right there.
Let's stop right there.
That's important there. That's very important because that, that to me confirms what we mentioned weeks ago that the,
these massive lockdowns of Chinese cities are actually the cover to round up dissidents,
protesters, resistors. Right. And what he's saying is that they're manipulating the covid apps the
qr codes yes and your phone is suddenly saying you got covid yes and so the cops come to your
house and what does that mean drag you away right it means you can't travel it means you can't
access certain government services it means they're taking you to a happy camp. And they were doing exactly that.
And continuing that quote there, observers are not surprised.
They saw the mandatory health codes as a way in which government could control the masses.
If surveillance capitalism is so established, why is party corruption still such an issue?
So the second is the scale of the domestic banking problem.
Is it really just a local one province problem?
What are we not seeing?
Could it be the whole Chinese banking system is teetering?
So let me ask a rhetorical question.
This is Bill Blaine writing this.
Is it possible China's well-known hot property bubble,
its corporate borrowing binge,
plus the high degree of corruption within the system,
is fueling a very real banking crisis in China? Is China about to suffer its very own internalized
version of the global financial crisis of 2008? How much worse will it be made by the ongoing
COVID bogey being used to keep the economy under control? Are COVID lockdowns being used to disguise the scale of a
massive Chinese financial crisis? And my response is absolutely it is.
I think what is the important thing about this message that we just read,
this isn't coming from true news. This is coming from Wall Street
investor Bill Blaine. He's talking like us. He's saying, are these lockdowns?
Is this a cover-up for mass arrest of protesters who are angry and frustrated that they can't get
their money out of the banks,
some very high level people are now starting to, maybe they watch true news.
Because I hear people on news talk shows say things weeks after we have said things. I think we're having a bigger influence than we realize.
But they're looking at these things and they're saying, something isn't right.
There's something going on under the cover that we don't know about.
And if he's right that there is a national banking crisis in China, then imagine the
Chinese banking system crashing this fall.
Instead of a Lehman Brothers here in the United States,
what if it's a Lehman Brothers in China that crashes and brings down the financial system?
Remember 2008?
I don't remember how long, a year or two after the crisis,
a congressman said, we were hours from martial law. A U.S. congressman said, we were hours from martial law. He said that the United States House
and Senate were called into a secret session and advised by the Bush administration that that the country was near martial law,
that that's how close America was to the entire system collapsing in the fall of 2008.
So what if the same thing happens in China?
And that wave went across Europe
and many other parts of the world,
and the world was devastated financially for several years
from the crash of Lehman Brothers.
The problem with a crash in China is that affects the entire economy in China
because it's a centralized economy.
And that means factories shut down.
That means suddenly the boats.
Food production.
That means suddenly boats full of products and everything
that go to every corner of the world aren't going anywhere anymore.
And that of course, you think we have supply chain issues now.
Imagine if 50, 75% of the products from China
were suddenly cut off.
And does that then put the Chinese Communist officials
in a position that they need a war
to keep the country unified.
They may go to war because their system is crashing.
Hey, I'm going to change our direction.
Well, not so much our direction.
I don't want to talk about any more news headlines.
You get the picture.
You know where this is going.
I haven't mentioned Final Day for quite some time here on True News.
If you haven't read the book, I really recommend that you get it.
Folks, we're in the last days of the last days.
I really believe the four horsemen of the apocalypse are riding.
This is happening right now.
We're witnessing biblical prophecy being fulfilled.
Christ is coming back.
And I don't know when, you don't know when,
none of us know when, but we do know the signs.
And this book has listed 10 characteristics of the second coming, things that are going to happen,
things that we will see,
things that will appear in the second advent of Jesus Christ. And it really simplifies
understanding the return of Christ, the second advent, the end of the world, the arrival of the
kingdom of God. That's the number one thing I hear from people who have read the book.
It makes Bible prophecy so easy to understand.
I've heard this over and over.
People have said, I never understood all that stuff that they talk on religious TV.
It just never made sense to me.
But then I read Final Day.
It's just so easy to understand.
And that makes me feel really good.
So I'd encourage you to get a copy of Final Day.
And I'll even autograph your copy for you.
You can go to truenews.com and click the icon to the book,
and it will show you how to get a copy sent to you.
Well, I have some questions for you today.
How will you pay for gasoline when the price keeps going up this year and next year?
How will you afford groceries when food prices triple?
How will you pay your rent when it keeps climbing higher?
How will you stay employed when companies are downsizing their workforce?
These are important questions for a time like this.
Many of you are too young to know what it's like to live through a severe economic downturn.
I've been through several of them, and I want to teach you some lessons I learned.
For many of you, I may be an unfamiliar face and you've just tuned in for the first time,
but let me introduce myself to you. I have been in full-time ministry for the kingdom of God
since 1998. When God called me to serve him, I was working in Irving, Texas as the director of
marketing for TBN. But one day I had a divine vision in April of 1998. It happened in the TBN
chapel. I saw a city on fire. I saw refugees. And that day the Lord spoke to me and said he was
calling me to tell people to repent and to believe in his son, Jesus Christ.
Months later, I resigned from TBN and began to preach a message of repentance
in the coming of the day of the Lord.
Well, in 1999, I started broadcasting and streaming a daily radio program
from Dallas, Fort Worth, Texas.
When the Lord opened the door for me
to start a daily radio show,
I asked Him how I would pay for it.
His reply, what I heard inside my spirit,
were these words,
take care of widows and orphans,
feed the hungry, show mercy to the poor.
And that's precisely what this ministry has done ever since.
We do it quietly, without a lot of publicity and showing off.
You'll never see an orphanage anywhere in the world with my name on it.
And I don't mail brochures with pictures of me holding orphans.
I don't engrave my name on bags of food for the
hungry. We simply support other ministries that get the job done caring for orphans, feeding the
hungry, and showing mercy to the poor. And guess what? The Lord has met this ministry's financial needs every month for 24 years.
We don't even have a professional fundraising department in this ministry. I don't offer
religious trinkets. I don't sell people holy water from Israel. I don't bombard people's
mailboxes with pleas for money. That's not our style.
Everything I've done in this ministry since 1998 has been by faith.
I've never had the money to do anything before we started.
If God has given you an assignment for his kingdom, here's my advice.
Don't sit there waiting on the money to arrive before you take action.
His kingdom does not work that way.
He requires us to get out of the boat like Peter and walk on water by faith in the name of Jesus.
The resources come after you have taken the first action steps.
Action first, money second.
Your action must be based on faith in Jesus Christ to supply all your needs.
That's the way God's kingdom works on earth.
You can tell God every day that his system is wrong, but he's not going to change it.
And take my word for it.
I tried it.
He doesn't change.
Faith, action first.
Money second.
You and I have to get into the rhythm and flow of heaven's economy.
Last month, I started a new TV program, Rick Wiles Today.
It is carried nationally on three television networks. The show is on many full-powered
TV broadcast stations, hundreds of cable systems, and network and direct TV satellite systems.
Are you ready for this?
The monthly expense for this new program is approximately $100,000 per month.
Some months are higher, some months are slightly lower,
depending on the number of days in the month.
$100,000 per month is $1.2 million per year. We did not have the money,
but I did not stagger at the size of the bill. I made the decision by faith in Jesus to go for it.
We are required to pay the television networks cash up front each month. We paid cash for June. We paid cash for July.
The August invoice will be due very soon. That's my problem. That's not your problem.
You are not responsible for this ministry's expenses. God is responsible because it's his
ministry. It's like I said, the $100,000 this ministry owes TV networks each month
is not your problem. Your problem is how you will pay for gasoline when it's almost $5 a gallon.
Your problem is how you will put food on the table for your family when grocery prices
are skyrocketing every month. Your problem is how
you will pay your electricity bill. Your problem is how you will keep your job when companies are
downsizing. Your problem is how you will pay your employees if you own a company. Higher wages
because they're getting squeezed every day by extreme inflation,
and they're coming to you as their employer saying,
I need a raise.
How are you going to do it?
Now, I've got a plan that will help both of us.
You'll have extra money for gasoline, utilities, groceries, rent, mortgage payments,
and shoes for the kids.
I'll have money to pay for the television airtime expenses this month.
Are you interested in knowing more about my plan?
I'm telling you, the plan is awesome.
Nobody has ever done anything like it on national television.
It's unique, it's original, and I sincerely believe it is heaven-inspired.
A lot of people will laugh at my plan. They'll chuckle and make snide remarks. That's okay.
They won't participate in heaven's showers of blessings. That's their decision, not mine.
Unbelief is expensive. What if I told you that God desires to place miracle money in your
bank account this month? Are you interested? Well, keep watching and I'll tell you how you can receive
miracle money from heaven. This is not a joke. This is real. There are people watching me right now who are wondering how they're going to have the money
to fill up their fuel tanks this week to get to work you need miracle money there are people
watching me right now who do not know how they're going to come up with the money to pay the next month's rent or mortgage
payment. You need miracle money. More than that, you need the miracle maker. I want to show you
an example of how Americans are financing, how they are financially struggling in 2022.
This story was published recently by National Public Radio. The headline said,
No Retreat in the Summer Heat.
Prices likely top 40-year high last month.
Well, let's read the first several paragraphs of this story.
It says,
Sarah Masterson had big plans this summer for a camping
vacation at Natural Bridges National Monument in Utah, but the five-hour road trip seemed like a
budget buster once the price of gasoline hit five dollars a gallon. Masterson and her family opted for a backyard campout at their home in Provo instead. Now, this young mother in Utah
dreamed about taking her family on a vacation trip to Natural Bridges National Monument Park.
Her problem was the driving distance. I looked it up. It's 285 miles between her home and the national park.
Gasoline hit $5 a gallon. She calculated that she would spend over $150 for fuel one way. That's
$300 round trip. She didn't have the money in her budget. Therefore, she and her children camped in their home's backyard.
My friends, we are experiencing the highest inflation in over 40 years.
I remember the extreme inflation in the mid-1970s to the early 1980s.
I was a young married man with two small children.
And I remember the struggles that I faced every day to pay my bills
and take care of my young family. That's why I am very sensitive today to what young families
are experiencing in 2022. And I really care and I want to help you. I've got a plan. I've got a plan
that will help and it will help me. It's a plan for miracle money. I'm going to
ask you again, are you interested? I don't know about you, but I need miracle money this month.
In several weeks, I will have to pay $100,000 for airtime on multiple television networks for the month of August.
If I stopped long enough to think about it, I would become afraid and worried and fearful.
A hundred thousand dollars in the next two weeks. I don't worry about it because this is not my
ministry. Jesus is responsible for the expenses of this ministry, not me.
My responsibility is to speak what he inspires me to say.
Our August invoices will be due soon.
And I want to give you the opportunity to join me in this walk of faith
and experience the miraculous supply of God's resources in your life too.
I have seen God provide miracle money to people many times when I made this faith challenge.
I remember one man found a $20 bill in his shower while he was taking a shower. Another couple found
a $100 bill in the grass as they took a late afternoon walk along a country road.
One woman received an unexpected refund of over $500.
Another man received a cash bonus from a very stingy employer.
I've read many emails and letters from people who excitedly told me how God gave them miracle money when they
believed and made a vow to God. Here's how my plan will work. I want you to make a promise to God,
a holy vow, that you will do something for his house if he does something for your house. Where's God's house? The house of God is wherever
the gospel of the kingdom is preached on earth. God does not need your money in heaven, but you
and I need money on earth, and he knows it. He has ways to bless you and me, but his ways always require faith, obedience, and action.
The 11th chapter of the book of Hebrews in the Holy Bible says, Doc, would you read this?
But without faith, it is impossible to please him, for he that cometh to God must believe that he is,
and that he is a rewarder of them that diligently
seek him. It is impossible for you and me to please God without faith in him. When we have
faith in God, he rewards people who diligently seek him. Now here's my plan to get miracle money
to you and miracle money to me in the coming days and weeks.
I'm challenging you to make this promise to God.
If God gives you miracle money between today and August 31st, 2022,
you promise God that you will split it 50-50 between yourself and me. You can apply your half to
gasoline, utilities, rent, groceries, whatever you need. I'll apply my half to our $100,000
television airtime bill. I'm not asking you to take money out of your bank account, your savings account, your stash, wherever you have it,
your wallet, your purse. I'm saying that God will put money into your hands that you
did not expect to receive. And when you receive the unexpected money, you promise to God to share
half of it with me and you keep the other half for your own needs.
It's a win-win deal.
We both get blessed and it won't cost you anything that you presently have in your possession.
Miracle money is any money that suddenly appears from an unexpected source.
You may find the money in a parking lot or in a park.
You may find money in an old jacket.
One man went to a local livestock market and purchased some piglets.
I remember this story well.
The pigs were placed in a burlap sack.
And when he went home and removed the piglets from the
burlap sack, there was money at the bottom of the sack. That's miracle money. Miracle money is when
you receive a refund that you did not know was owed to you. Miracle money is when somebody repays
a private loan that you wrote off and forgot about years ago.
That's miracle money. Miracle money is when your grumpy, stingy, tightwad employer unexpectedly
becomes nice and generously gives you a paycheck bonus. That's miracle money. Miracle money is when
a stranger walks up to you and gives you money because he or she felt inspired to do it.
These are examples of miracle money.
Doc, I've seen it happen.
And in my own life, too.
I'm going to tell you, somebody who does that last example, not as a receiver, but as a giver. My wife, Susan, does this often where she'll be in a store or someplace
and the Holy Spirit will just point to a person and say, give that person maybe a specific amount
of money or all the money you have in your purse. And she does that faithfully. I've watched her do
this. She did it this week. She just did it this week. Did she tell you the story?
Yeah, yesterday. About the gentleman who needed a car, AC. Yes.
An elderly man working
at a local Publix supermarket.
And he was gathering up the
carts.
And the Holy Spirit told Susan he needs money.
And so she started talking to him.
And he was talking about the heat.
It's really hot and humid right now here in Florida, the summer months.
And he said he was without air conditioning in his car.
But he had a good spirit about it.
He said, you know, the Lord will provide.
I'll get it fixed at the right time.
Susan went in and got her groceries.
And while she was in the store, the Lord said to her, give this man X many hundreds of dollars.
And so when she said, well, Lord, just have him walk towards me when I'm leaving the store and I'll know that's you.
And that's exactly what happened.
She was leaving the store and there he was coming towards her.
She stopped him and gave him the money and told him what God had said to her. And in the parking lot, she said that man began to weep, lifted his hands, loudly praise God in the parking
lot of the grocery store. Didn't care about the people around him. He gave glory to God. Tears
running down his cheek. He got miracle money. There's miracle money, Doc. Right. So for him,
that's miracle. That's miracle money. And he went home and he told
people, he told his friends, he told his neighbors, he told his family, God gave me the money
to fix my car. AC look, this is for everybody. Even if you have money in the bank, even if
you're well off, you can do this. Yes. and you should do it. You should do it just to exercise your faith,
just to see God do it.
I'll tell you probably what will happen
if you're well off.
The miracle money will be a pretty good amount,
and you'll have to part with half of it.
Right.
Okay, and that'll be your test.
And this is the one area of our spiritual life
where we're allowed to test God.
It is. The only area of our life where we can test God.
Malachi 3.10 says, bringing the tithes and the offerings in the storehouse,
try me herewith, or test me, basically the Lord says,
and see if by you doing that, if I won't open the windows of heaven for you.
That's right.
Now, Rick, you came up with some principles here,
seven basic principles in operating within this
environment. And you wrote about it earlier. It is, but I want to go
back one before we get to this. Let's go back to Hebrews
11, 6. But without faith
it is impossible to please Him.
For he that cometh to God must believe So what does this mean, Doc?
That means that we have to continually be operating in faith,
that we need to be operating in an atmosphere of faith.
And if our faith is never tested, never tried, how do we have an active faith then? And so it's impossible to, if you
want to please God, it's impossible to do it without faith. You can't do it by any good deeds
and works or anything like that. God expects something from you, an attitude of faith.
Test Him, try Him, see if God doesn't deliver you or provide for you.
That's right. That scripture
without faith it is impossible to please him for he that
cometh to God must believe that he is and that he is a rewarder of them that diligently
seek him. Those words
to please Him, to be pleasing to God.
Yes.
Don't you want to be pleasing to God?
Wouldn't that be your desire?
You know what that means?
It means that your Heavenly Father, you make Him smile.
Yes.
You make Him smile.
He gets pleasure out of you.
So an honest question, everybody watching today, everybody listening today,
is God smiling at you right now?
Seriously, is God smiling at you right now?
He gives you the instruction here in Hebrews 11, 6 that you need to operate in faith.
To make him happy.
Just see God up there grinning.
To make him happy, he says you have to have faith in him.
And then he goes on to say, you have to believe that he is.
Now a lot of people will acknowledge God. God's there. And that he
is a rewarder of them that diligently seek him. That's where a lot of people
get tripped up. Doc, you know what belief is? The Holy Spirit gave this
to me many years ago when I was a young Christian.
I remember the day he gave me this definition of belief.
Belief is when a thought is energized with emotion.
That's belief.
I like that.
Thought energized with emotion.
It can be positive or negative.
It can be good or bad.
That's why you should be very careful about what you think about all the time, what you talk about
all the time, because when you energize thoughts and words with emotions, it becomes belief. And
it's very easy to believe the wrong things, to believe unbelief. People believe unbelief. They believe doubt. They believe
worry. They believe lack, poverty. Be careful what you believe. Belief is any thought that
is energized with emotion. So when you energize positive thoughts about God, about his faithfulness,
that becomes belief. And he says,
for he that cometh to God must believe.
Believe what? You must have a thought that is energized with
emotion. That he is. That he is. That he is what? That he
is. That's it right there. That He is. That He is. That He is what? That He is. That's it right there. That He is.
He is what? I am. He's ever
present, ever watching, ever seeking to be involved
in our lives. That's the is of the I am. And that He
is a rewarder. He is
one that seeks to give good gifts.
Yes. And a lot of people don't believe that. That's right. They don't believe that
God is, but they won't believe that God wants to do good things
for them. That's right. The actual word for it is remunerator.
Oh, that's a financial term. Yes. He's a remunerator. That's what that word means
in Greek. He's a remunerator. That's what that word means in Greek. He's a remunerator.
He's a remunerator of who?
Them that diligently seek him.
They yearn for him.
They're after his heart.
Some people will acknowledge God, but they won't seek him.
They don't seek him, and they don't believe him.
They have head knowledge of God. They'll say, yeah, I'm a Christian, but they don't believe him, and they don't seek him. don't believe him they have head knowledge of God they'll say yeah I'm a Christian but they don't believe him and they don't
seek him they don't yearn for him so doc mentioned there were seven things that
you could do here are the seven things so seven basic principles that Rick
recommends here for miracle money in your life. First of all, start out by asking God for miracle money
to arrive by the end of August of 2022.
It's good to have a goal, but it's much better
to have your request made known to God.
So ask God for miracle money.
Just really, just say, Lord, would you provide
miracle money for me between now and the end of August?
And you're putting a deadline on it.
Right.
This isn't open-ended, you know, that 10 years from now you're obligated to fulfill this vow.
We're putting a deadline on it.
And then follow up.
Promise God you will share half of it with Rick Walls for the TV program.
That's just it.
Send the 50% of the miracle money when you receive it to Rick Wiles. It's important to keep your vow.
Yes. Doc, one time, several years ago, when we
talked about miracle money, there was a gentleman that received
it grieved me when I read his email, Doc.
He received a large amount. It was
I want to say something like $1,500, $1,800.
Right.
He made a vow to God.
Now, he had made a vow that he was going to send all of it, 100%.
And what he told me in the email was, he said,
Rick, I'm going to pay this to True News $50 a month.
Now, what he was really doing is he was keeping the $1,800, the $1,500.
He was keeping it.
That miracle money came, and then he became greedy.
Right.
And he said, I need that money, all of that right now,
and I'll just give True News $50.
See, he cheated50 see he he cheated
God yeah he cheated himself that's right you can't cheat God I mean you it's
impossible to you know cause God to lose but you cheated yourself when he did
that because he he made he made a vow to God and then he broke it so let's look
at the seven things again right So we were number three.
Send 50% of the miracle money when you receive it to Rick Walls.
Keep the other 50% for yourself.
So you're not losing out on this deal.
You're gaining.
We're both gaining.
Then tell people what God did for you.
Why keep it to yourself?
Do what that man did in the parking lot with Susan this week.
He lifted his hands and he praised God.
Then send a letter or an email telling us what God did for you. And then seven, number seven,
do it all again until the miracle money stops flowing. It's a very simple formula here.
What about the widow woman? How long did the oil and the, and the flour meal, how long did the oil and the flour meal, how long did it continue?
Until the end of the drought.
Until her need was finished.
That's right.
Until the famine was over.
So she was having miracle money in the form of oil and grain.
God put her in the bread and oil business in the midst of a recession, in the midst
of famine.
Famine. People were dead. Pestilence.
And it continued until the storm was over. Right. So just keep repeating it month after month.
And when the miracle money dries up, okay, then you don't need it anymore. God will do,
you know, what I want you to do is unlock your faith.
I want you to use your faith. You have to,
faith is something that has to be used. It's like a muscle. It has to be used.
And some of you have never used your faith.
You've never gotten out of the boat and walked on water. And it is
scary. I promise you it's scary. I know. I've done this out of the boat and walked on water. And it is scary. I promise you it's scary.
I know.
I've done this kind of stuff.
But after a while, the reason God does this is to build your confidence and trust in him.
That's what he's doing.
He wants you to trust him, to trust him.
Right.
You know, when Jeremy was little, it was a long time ago. He's 43 years old
now. But when he was a little toddler
I would put him up on top of the refrigerator.
I'd probably get child protective services coming after me.
And I would just say, hey jump. And he would jump
every time. Why? Why would he jump? Because he trusted his dad.
Right.
He trusted me.
He knew I was going to catch him.
And it became fun to him.
He would laugh and giggle.
First time, maybe it was scary.
Second time, a little bit more scary.
But then he got to the point, it was fun.
He knew dad would catch him.
Right.
Okay?
So our Heavenly Father will challenge us to do things and say, jump.
Papa will catch you. Papa, Papa's arms will always catch you.
He's saying that to you right now. Jump. Trust me.
Make that vow. Believe. Don't laugh at it. Don't snicker at it.
Don't say, that's crazy stuff.
That's not going to happen.
No.
Let that faith bubble up inside of you.
And you might be thinking, I'm not going to tell anybody I'm believing for miracle money.
My brother-in-law will laugh at me.
Well, don't tell him yet.
Wait until it comes.
That's when you tell your brother-in-law.
And Rick, you know that there are people watching, tuning in today, that watch us for the news.
Yep.
And they've never given at all, never supported any of the efforts that we do here.
And they're resisting this message.
They're fighting this whole idea.
Yeah, but what are they going to do at the gas pump tomorrow?
They have to pay $5 a gallon for gas.
Well, what if gas is $15, $20 by fall?
Because it very well could be.
We've been telling you what's going on in Europe, in Germany, with the cutoff of Russian gas.
Look, they're already telling the Germans, you're not even going to take hot showers.
Yes.
You're going to turn off your hot water.
Everything, okay?
This storm is coming in, and it's coming in fast.
So if you're snickering, if you're resisting, you've still got to fill your gas tank up.
You've still got to buy groceries.
Sooner or later, you're going to say, I think I'm going to try what Rick is saying.
Now, there are people out there watching right now or listening right now,
depending on how you access what we do here every day.
And you've never given at all.
You've never.
In fact, you've fought it.
I want to challenge you right now.
It's not going to hurt what you're doing right now.
It's not even going to come out of your budget right now.
I'm just going to ask you, for those that have never given, to ask God for miracle
money. Just do it this time. Keep the commitment that we talked about here. It's not coming out of
your grocery budget. It's not coming out of your gas budget. It's not coming out of your fishing
bait budget, whatever it is. It's not even coming out of your wallet right now. But if God provides
you miracle money over the next several weeks here to the end of August, once again not even coming out of your wallet right now. But if God provides you miracle money over
the next several weeks here to the end of August, once again, not coming out of your pocket,
you keep your vow. It's going to change your life. It will change your spiritual. It'll change your
perspective on God because suddenly you'll start actually believing God is and that he rewards those who seek him. And the amount is not important.
If you find a dollar, send two quarters. Right. If a thousand dollars comes to you unexpectedly,
send 500 and you keep 500. You're ahead $500. Right. Rick's not asking for half your income or,
you know, or 50% of your paycheck. I'm not asking for tithe.
I'm asking you to trust God. Believe God. Try me.
Herewith saith the Lord. It's fun. It's fun to believe
God. It's fun to trust Him. It's fun to watch Him do
awesome things. You may find a $50 bill,
$100 bill blowing around on the sidewalk. Look, I've seen
these stories that have come here over the years. People just find money or they receive money in
the mail. They get refunds. Right. That's happened to me. Doc, I remember a woman, she got a refund on a medical bill.
And it was like years old.
And what happened was at the hospital,
there was an audit of the hospital's books.
Right.
And the auditor discovered that this woman had been overcharged. She made a pledge that she asked
God for miracle money to give to True News. And a few days later, she got this check, and I don't
remember the exact amount. It was, you know, I want to say like $900. It was an impressive amount of money with a letter apologizing from the
hospital saying, and this bill was like three or four years old. And she didn't know that
she had overpaid, but she made that faith vow, asking God for miracle money to give
to True News. She sent the whole thing to True News. What I'm asking you to do is send half of it.
You keep half because right now you need that half.
You need extra money.
God wants to get it to you.
But what you need more than the money is faith.
Yes.
That's what you need.
Because if we can activate an army of faith warriors out there,
there's nothing that we won't be able to do.
There's no financial bill or mountain that we can't solve.
I'll make a commitment right here on air.
I'm doing this.
Me too.
I'm doing this because I've seen it work
in my own life in the past when I've had this challenge.
And I will publicly come out here and say,
this is the miracle money I received.
I know it's coming.
I know it's going to be significant.
I'm doing it too.
And I'm going to give half to this ministry
just like everybody else.
I'll join you, Doc.
And I'll tell my story too.
Will you make that same pledge?
What do you got to lose?
What is this going to cost you?
I mean, this is the best deal
you'll ever be offered.
Pray to God and say, God, I'm on.
I'm in all the way. You send me miracle money. I'll send half to True News and I'll keep half and I'll tell everybody about it. Man, that is a win-win deal. You win, I win, and God wins your praise.
Everybody wins.
Right.
Now, if you don't want God's money.
Then don't do it.
Don't do it.
It's really that simple.
And don't complain about it either.
Yeah, yeah.
Don't send us emails talking about how broke you are.
I'm really serious.
Don't do that.
This is an opportunity for you to activate your faith
and watch God do something in your life.
That's it for today.
We'll be back here tomorrow with more true news.
God bless you.
To find out how you can help, visit www.truenews.com.