In this study, 2:4 – 10, we see how grace incorporates us – that is, how grace takes us from being selfish individualists and makes us members of a new race of people defined by Jesus Christ. Christians are a spiritual house, a holy priesthood and a sacrificing people. All this shows us how Christians, both Jew and Gentile, are the culmination and fulfilment of Israel in the Old Covenant according to the Apostle Peter.
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