Reconsiling this dispensation with the eternal perspective shared by Universalism

I want to know how you reconcile the concept that I grew up with, that we live now in the dispensation of grace...with the concept that reconciliation will continue throughout all times, if I understand you correctly? So I'm just not sure about dispensations and where I may be believing lies... Ephesians 2, that in the ages to come He'd show us the exceeding riches of His grace in His kindness towards us in Christ Jesus.  Judgment, destruction, and death are very real, but aren't God's ultimate intent for each life in Creation.  He's not creating eternal duality and an ever-increasing kingdom of darkness that would be implicit if everytime someone messed up -- off into eternal hell with 'em, decapitated of the Head of every man in the Scriptures. 1John 2:1-2 says He's the propitiation for our sins and also for the sins of the whole world.  He's the lamb of God who has taken away the sin of the Lord according to John 1:29.  Philippians 3 closes with saying He's able to conform all things to Himself with the same power that He's conforming our physical bodies into being like His, multi-dimensional, deathless one.

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