(If I say something that is right, then God has inspired me. If I say something that is wrong, then it is my own mistake.)

The name written on her forehead was a mystery: Babylon the great – the mother of prostitutes and of the abominations of the earth. 
-Revelation 17:5 

1. The mysterious name of the whore 
Why is a reference being made to Babylon? And what is actually meant by her being the mother of ‘prostitutes and abominations’?
First off, it is indeed mysterious that the whores name contains a reference to a city that had collapsed centuries prior to the Book of Revelation being written. Christians would know that Babylon wasn’t just any ordinary city, but one that is repeatedly portrayed in the Bible as an enemy of the Israelites. We also know from the book of Revelation, that place names are applied symbolically to other entities and so therefore, it can safely be assumed that ‘Babylon’ also appears symbolically in the whore’s name. But if symbols aren’t randomly thrown about and if defunct Babylon also happens to be the whore’s symbolic name, is there a deeper meaning to the whore’s name?

2. What does the whore represent? 
Many Christian theologians point to the idolatry and false religion of historical Babylon and arbitrarily insert religious meanings to the events and symbols of chapters 17 and 18. They go on to claim that the whore is some “false religion”, and declare some religion they oppose (usually its the Roman Catholic Church) as being the whore. However, we see that Chapters 17 and 18 contain both veiled and explicit references to corrupt economics and trade as opposed to “false religions” and “false gods”.

For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies. 
– Revelation 18:3 

I have already covered this subject in a previous thread here, but I’ll just post a brief explanation for now.
– The whores “fornication” represents a usury based economic system.
– The kings committing adultery with her are governments who are players in the whores economic system.
– The merchants are the businessmen and bankers, who grow rich from whores economic system.
– The nations are “drunk” because they have been deceived by the whores economic system.

If you believe that the whore is something else, good for you. Start a thread on it. I believe the usury based economics theory better explains all those cryptic verses about fornication and nations getting drunk and merchants getting rich. This is the crux of my argument.

3. The Babylonian origins of usury 
While working on this post, I had to look into whether or not the name ‘Babylon’ was compatible with my theory that the whore’s symbolic fornication symbolized a usury based economic system. In other words, if I could establish a connection between a usury based economic system and the name ‘Babylon’, it would perfectly explain why the whore is named ‘Babylon’. 

From a purely academic point of view, the geographical region that Babylon occupied happens to be the birthplace of the banking institution. And unsurprisingly, the Babylonians are credited with developing the earliest commercial banking systems – complete with loans, credit and interest!

Simply put, usury is ancient Babylon’s lasting contribution to the world of economics.
Usury is a Babylonian abomination that has not only survived to this day, but thrives globally as a legitimate practice, that is accepted as business-as-usual. It will be through this practice on an international level that the whore fornicates with kings, while deceiving the nations and making her merchants rich. So when you think of “usury”, just think of Babylon, the land of its origin. It now makes sense as to why the whore is named Babylon and not anything else. Because if abominations and prostitutes are representative of usury and its practitioners, then Babylon is literally the mother of the prostitutes and abominations of the earth!

4. Babylon lives on through the practice of usury. 
Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him. 
– Ezekiel 18:13 

Today historical Babylon exists only as ruins in Iraq or as museum exhibits. The Babylonian religion has long since been eradicated and its idols are in the scrap heaps of history, never to be worshiped again. Yet, usury is the one Babylonian abomination that did not die with the collapse of Babylon in 539 BC. I’m no historian, but I’m willing to wager that Babylonian practices of usury and deceptive economics was transmitted to other parts of the world through trade well before the collapse of Babylon. It is also not too far fetched to imagine that many of the Israelites who lived in Babylon corrupted themselves by adopting Babylonian practices, despite being warned by God to keep away from the abomination of usury.

The whore of the end times, called ‘Babylon’ would be an incarnation of ancient Babylon. She would serve as the carrier of Babylon’s ancient filth, under a different name and perhaps as the global capital of the future economic system. The whore will operate via her merchants described as the “great men” of the earth. 

…for thy merchants were the great men of the earth; for by thy sorceries were all nations deceived. – Revelations 18:23 

Its not kings or military leaders, but rather the whores merchants who are described as being the “great men” of the earth. One would have to be blind to fail to recognize them as the corrupt international bankers, who have weaponized economics and work behind the scenes as the real wielders of power in the world today.

God knows best!

Further reading :
The Bible identifies the whore of Babylon as Jerusalem.
Revelation : The whores “fornication” is usury.