There are two systems of systematic theology in protestantism today.

1. Covenant or Reform Theology which does not accept Dispensational divisions in the plan of God in human history.

2.  Dispensational Theology which interprets the Word of Truth by dispensational divisions. 

Since day one of salvation of the writer has been a dispensationalist......

"That in the dispensation of the fulness of times he might gather together in one all things in Christ, both which are in heaven, and which are on earth; even in him:"

Ephesians 1:10

Dispensations
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