Approximate Reading Time, 2 minutes.
An examination of the popular belief in a last day transfer of wealth advocated by Peter Wagner, Larry Huch, Benny Hinn, John Avanzini, John Hagee and other leading charismatic figures. The Great Wealth Transfer is based predominantly on Proverbs 13:22 which refers to the wealth of the wicked being stored up for the righteous. This passage on wealth transfer is used to motivate people to sow a seed into various ministries in order to reap this harvest. But the wealth transfer viewpoint is flawed in numerous ways. There is an obvious, Bible contradicting over-emphasis on wealth and possessions as a basis for happiness. Predictions of this “coming” wealth transfer have circulated for over four decades making proponents unreliable in their urgent appeals and promises. Scriptural concepts are twisted in order to justify the explanations of why the great wealth transfer hasn’t happened. Proponents often contradict themselves about when and how this wealth transfer is to occur. Even if Scripture supported this “wealth reversion,” accuracy requires knowing exactly when Christ is coming, which Jesus Himself said was impossible. Finally an overview of the supposed six previous wealth transfers reveals a terribly shabby approach to those Scriptures in order to justify the teaching. A layman’s level book, “Beware the Wolves; The Errors and False Expectations of Wealth Transfer” is a concise, highly readable, resource for refuting one of the many false teachings found in the Charismatic/Word of Faith communities.