>>10232605, >>10232642, >>10232444 The Great Economic Reset (notables from pb)
You people continuously sadden me.
Many of us have been trying to get through to you on this topic, but you seem to persist in your willing ignorance.
The Great Reset is nothing to fear.
For far too long, over one hundred years, actually, this country's productivity has been siphoned away. Naturally, this is the part where you ask who is siphoning it away. My answer to that is this question; who owns the Federal Reserve?
In the game Monopoly, you are given plenty of pieces of paper, upon which details describe arbitrary values that the papers hold. The money is backed by nothing. You cannot print pieces of paper and merely insist that they have value.
This is precisely what your government(s) have been doing for at least a century. Your "money" is no different than the pieces of paper in Monopoly.
Previously, our currency was backed by Gold/Au and Silver/Ag. Previously, you were able to enter a bank, offer your pieces of paper, and insist you are given an equal amount in gold/silver.
Find a bill that was issued prior to 1964. On the bill it reads, "Silver Certificate". This is what denoted the ability to exchange these papers for Silver.
These days, the only thing that determines the value of your pieces of paper is what the Federal Reserve says and has on its books.
You'll find, through diligent research, that there is currently LESS pieces of paper in circulation than the numbers suggest at the Federal Reserve and US Treasury.
Yes, that's right, gigantic portions of "wealth" defined as "US Dollars" simply DOES NOT EXIST. There's no physical representation of this "money". It simply belongs on computer screens. You are told that this missing "money" is accounted for by way of "Debt" or "Credit". All that this means is that this debt has yet to be settled and that once the value is accrued to the first party, the second party can be offered such value.
In other words, "Debt" and "Credit" both ARE NOT "money". They hold no value, just an ambiguously agreed upon contract wherein once the money is available, the second party can realize this value from the first.
That's all the more complicated "Debt" or "Credit" is.
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Now is the part where you start asking a bunch of questions. Believe me, I've been in your position.
How do we fix it?
How long do we have until normies comprehend this?
What happens when they find out?
Should the Gold/Bimetal Standard be reinstated, how do we make digital transactions like we would previously with Credit, all across the world?
These are all extremely pressing questions that need to be answered.
Once people find out that the vast majority of "US Dollars" are simply made up and that the whole market has been inflated by a bunch of people agreeing to pay what they owe after enough money is printed in order to satisfy their debts, the only reaction that could occur is a gigantic deflation of markets all around the world, mostly because the "US Dollar" is used widely across the entire planet to settle debts.
The entire world economy hinges upon the value of the "US Dollar". Therefore, once the true value of the currency is found, once people all across the world realize the amount of true value-holding physical property doesn't add up to all of the debt that exists, the value of the "US Dollar" plummets beyond measure, people all around the world realize their property is worth nothing close to what is suggested and a whole other mess of situations that revolve around debt.
This, my friends, is why, historically, civilizations long before us experienced something called Jubilee.
We've already heard vast mention of this too; a good example being at the Democratic debates, where candidates spoke at length about "forgiving Student Loans", ie. debts...
What happened in 2008? Do any of you remember?
The housing market crashed, but was saved by bailouts to the bank, who were given liquid once it was realized they would get virtually none back by their debtors who could no longer comprehend the true value of their homes.
You cannot simply print money money and expect that debts can be covered by this.
This isn't how economics functions.
Value is determined largely by scarcity and when you create more value-holding material, its scarcity depletes, causing value to inflate.
What happens once that bubble pops?
The only way out of this mess is by erasing debts, instituting a valued currency, letting anything that isn't functioning organically falter and retracting regulations that keep us from utilizing genuinely valued assets.
The Great Reset is not what you think it is.
It's necessary. It will happen. It won't be a bad thing in the long run.
Fiat is a sham.