JUBILEE IN SCRIPTURE
The Great Jubilee Year we are now celebrating has its roots in scripture. The Bible emphasizes that Gods overall plan was and still is justice and equality for all people as well as their reliance on Him for everything. These are major themes in celebrating the Great Jubilee.
Pope John Paul II explains why in Tertio Millennio Adveniente:
Christ is the Lord of time; he is its beginning and its end; every year, every day and every moment are embraced by his Incarnation and Resurrection, and thus become part of the fullness of time. For this reason, the Church too lives and celebrates the liturgy in the span of a year. The solar year is thus permeated by the liturgical year, which in a certain way reproduces the whole mystery of the Incarnation and Redemption, beginning from the First Sunday of Advent and ending on the Solemnity of Christ the King, Lord of the Universe and Lord of History. Every Sunday commemorates the day of the Lord's Resurrection.
Under the Law of Moses, a sabbatical year occurred every seven years, during which no one was allowed to grow crops so that the land could rest. The Israelites were to trust God to provide for them during that year.
A jubilee year took place after every seventh sabbatical year -- in other words, every 50 years. The jubilee year meant: