What is the Great Reset?

[Aries144]

I think I agree with the writer's points. There's a lot of paraphrasing, but it fits the gist of what I've read on Charles Schwabb and the Great Reset.

https://imprimis.hillsdale.edu/what-...ource=hs_email

TLDR: The smartest, most influential, and most powerful people in the world all seem to agree that the solution to the world's problems is to model the West on China's current system. They seem believe too much individual freedom is a serious problem. They are currently succeeding in implementing this plan and the current US government is onboard with implementing it here.

[prepare]

Good article!

Climate change is a natural occurrence and makes the climate change response another scam just like the covid response.

Trump won in 2020 and makes jb an illegitimate fraud.

I look forward to waging war with the great reset woke pushers and glorifying the violence and combat that crushes and defeats these evil bastards.

[okie]

The Great Reset is merely a Marxist, utopian smokescreen for a takeover by the central banks. The result is going to be something I refer to as neo feudalism.

The central banks, in a nutshell, are nothing more than confederations of predatory lenders. It's basically a payday advance for sovereign nations.

Their job is to provide a never-ending source of cheap money, both to the sovereign nation, and, by extension, to its citizens.

The idea is actually very simple. They want to get both public and private debt to a point that it can never be paid back, then pull the rug out from under the economy by raising rates, at which point they will repossess all the assets tied to that debt, which is pretty much everything.

The system is designed so that all distressed assets flow back to the central banks. That point was proven beyond any doubt when the fed expanded its asset purchases to junk bonds, showing its willingness to purchase any distressed asset.

At that point they will become the sole source of both assets and capital, which they will manage top-down. Just read the fed's own white papers on their digital currency plans. They're planning for an immediate future in which the treasury and the retail banks no longer exist in any real capacity. The fed is simply assuming that it's going to be able to expand and contract the money supply on its own, without involvement from either the treasury or retail banks, which pretty much insinuates that they've already defaulted by that point.

So what that looks like is 350 million people all living in a giant company town that's managed top-down by the central bank. Living in company housing, driving a company car, and shopping at company stores. And of course doing everything with the new digital dollars. The central banks will control supply and prices by controlling people's accounts. Expiration dates and limited use money are only a few of the features they're building into it as we speak. They ran a simulation this Summer to test two competing systems, and now they've opened a data center at the New York fed to launch the test net. If I had to guess I would imagine they have a finished product ready to roll out any time.

They've also been consulting with fintech experts, namely Brad Garlinghouse. That's telling, because what fintech is all about is providing interoperability between legacy financial systems and digital ledgers, and those are the exact services that Garlinghouse provides. In layman's terms, that means being able to go to your bank and give them a 10 dollar bill, then they press a button on the computer and put 10 dollars into your digital fed account. So they not only have the digital dollar itself ready to go, but also the software that's going to allow the migration from cash and USD to the new digital ledger system.

That brings us to bail ins. When the debt bubble finally bursts, there won't be nearly enough USD to service all that debt. Everybody talks about how the system creates new money whenever it's lent out, but they don't mention that money gets destroyed when it's either paid back or when the borrower defaults. So when the debt bubble bursts, you'll see hundreds of trillions of dollars go "poof." So like in 2008, the banks fail, but in this event they fail in much more spectacular fashion, far beyond the reach of any bailout. So they will "bail in."

That power was given to the banks to use at their own discretion, as needed, in the Dodd-Frank package. And the IMF, the Treasury, and the Fed have all stated in no uncertain terms that there won't be bailouts in the next crisis, but rather bail ins. What that means is the bank uses deposits (which are actually legally classified as unsecured loans) to cover its losses. Now this is pure speculation on my part, but I think the endgame will be to give people digital dollars in proportion to whatever they had their bank accounts. There may even be some precedent to that, legally speaking, because the banks are shareholders in the central banks, and they legally have to issue you bank stock in exchange for your deposits if they bail you in.

So if you ask me, that's how they're going to get people to go along with giving up their nations' monetary sovereignty to the central banks. I.e. do it and we'll trade you digital dollars for your worthless bank stock.

[teufelhund1918]

Agree with the above. It is a socialist take over of...tin foil hat on... the world. Economically, socially and pretty much all aspects of a person's life. A couple links of interest with information brought to you by some of the people putting it into place:

https://www.imf.org/en/News/Articles...he-great-reset

https://www.weforum.org/great-reset/

https://thehill.com/opinion/energy-e...reset-movement

[tgizzard]

It’s basically Neo-Feudalism. That’s the simple most concise phrase to describe these fools’ wet dreams of total world control. If some are to be believed (I personally don’t rule it out) the powerful elite need to be rid of 90% of us unwashed filthy masses for their dream to actually work.


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[teufelhund1918]

It’s basically Neo-Feudalism. That’s the simple most concise phrase to describe these fools’ wet dreams of total world control. If some are to be believed (I personally don’t rule it out) the powerful elite need to be rid of 90% of us unwashed filthy masses for their dream to actually work.


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Gates is one of the elite that says a lot of this stuff... His latest thing is that we should not be eating meat because cow farts cause climate change. So he has gone around the USA and now Italy buying up beef producing farms.

Here is a weird summary of their ideology. This one is the Georgia Guidestones. I think there are others through out the world:

https://en.wikipedia.org/wiki/Georgia_Guidestones

[The_War_Wagon]

The stolen 2020 election!

[glocktogo]

So everything is headed towards central control, backed by digital impenetrability. If so, what do the commoners take when they kill the orchestrators, that still has any value?

[WickedWillis]

This is a fun rabbit hole.

[The_War_Wagon]

So everything is headed towards central control, backed by digital impenetrability. If so, what do the commoners take when they kill the orchestrators, that still has any value?

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