This view sees that the Law is a sign of the Old Testament or Old Covenant, and the Spirit is a sign of the New Testament or New Covenant. And further since that Spirit is called the 'earnest of the spirit' there must be a future fulfillment of the giving of the Spirit. The word used for earnest is also translated 'pledge'. In other words it is a token of good faith or a down payment. This then must to point to a time when there is a full payment or a completion of the Promise of the Father.
2 Co 1:22 Who hath also sealed us, and given the earnest of the Spirit in our hearts.
2 Co 5:5 Now he that hath wrought us for the selfsame thing is God, who also hath given unto us the earnest of the Spirit.
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