The world’s allied nations agreed on a fixed currency rate which was sort of based on a global gold standard. The U.S. dollar was the currency that nations used to back their currency under this agreement. The reason for this was because, the United States was in possession of most of the world’s gold supply at this time.
America benefited greatly from this new currency system and the dollar made its way into central banks around the world. In time we left the fixed rate system. Richard Nixon stopped backing U.S. dollars with gold globally in 1971. This was known as the Nixon Shock. Today all the major currencies float on a global market. While some things have changed we are still on the remnants of the Bretton Woods System. Many Central Banks still have the dollar in their reserves and it remains in high demand today.
After the 2008 global meltdown, many have speculated that we are going to return to another gold standard. Some believe that there will be another monetary system altogether. Many armchair economists have emerged to claim that some nations may even base their currency values on their resources. The claim is that all currencies will revalue based on the countries’ assets. This will cause gold to skyrocket as people begin to seek a hedge of protection from depleting currency values.
The problem with this theory is that there are major obstacles to overcome. First, central banks around the world would need to agree to this and this would put major constraints on their monetary policies. Second, there would need to be a lot of cooperation with governments from all over the world in order to implement this new system or to return to an older system. Some nations would gain from this while others would lose. Third, nations would want to preserve their wealth while moving to a new system. If most of their wealth is in dollars then this will present a problem. Fourth, global organizations like the IMF, the WTO, and The World Bank, are relics from the Bretton Woods era. They would fight to have a relevant role in the new system.
So these same armchair economists predict that the dollar is going to collapse in a night. They claim the whole global economy is going to come crashing down in a day. This will force nations around the world to negotiate a new global currency system. Many cite the 2008 economic crisis as proof of a coming collapse. Others rewrite history and insert bad economic theories as proof.
Today the Global Currency Reset has become a major conspiracy theory that believes the dollar will crash. This theory proclaims that nations around the world will abandon the dollar. As a result, people have started to prepare for a future dollar crash. They invest in precious metals, they buy foreign currencies, and many have even become preppers and they stockpile food. This conspiracy theory has become big business as many people have made money selling several different types of items that relate to a belief in an any minute overnight dollar collapse.
This belief system has many converts and it is cultic in nature. Part of the belief system has its origins in New Age philosophies, while other parts of this belief system are tied into biblical prophecy. As a result, new converts are made all the time and people are driven more by emotion and their worldview rather than being driven by sound economic advice and principles.
“The Truth About The Coming Global Currency Reset” reveals the conspiracy theories and debunks all of their beliefs. It corrects the rewriting of history and it also corrects the junk economics used by propagandists to recruit more people into this belief system. It provides a list of sources that will help the reader do their own research and come to their own conclusions.
The History Of The Global Currency Reset
What is the history of the Global Currency Reset otherwise known as the GCR? The Global Currency Reset theory is one huge super conspiracy theory that contains many sub-theories. This is where it came from.
In the later part of the 20th century, many conspiracy theories about the United States dollar and the Federal Reserve began to emerge. One theory says that the Federal Reserve Act was passed in secret. The claim is that the majority of Congress was at home on Christmas break when this law was being passed. This belief is that it was passed by a minority. It is implied that most of Congress was against this law and that is why it was passed in secret.
Another conspiracy theory says that the 16th Amendment was never ratified. Therefore the United States does not have the right to tax the American citizen. Another conspiracy states that the Rothschild dynasty forced England into the war of 1812 because America refused to renew the charter of the second central bank. Many other types of monetary conspiracy theories started to form during this time as history was being rewritten.
During the 1990s Harvey Francis Barnard came up with a set of proposed economic reforms. He called them the National Economic Security and Recovery Act or “NESARA.” Barnard tried to get Congress to take a look at his proposals, but they turned him down. In an effort to gain popularity he put the proposals on the Internet around 1999.
Shortly after that, a woman who was known as “The Dove of Oneness” found these proposals. She began posting about them in Internet forums. This woman put a New Age twist to these proposed laws. She claimed that NESARA was a bill that was stuck in Congress before finally being passed in a secret session. According to her, it was signed by President Bill Clinton in secret in March of 2000. They have been trying to implement this law ever since.
“The Dove of Oneness” was later identified as Shaini Candace Goodwin, a former student of The Ramtha School Of Enlightenment. This school teaches New Age doctrines. After Goodwin began commenting on NESARA, other Internet-based conspiracy theorists latched onto it. Much of the terminology in the GCR and the phrase “The Global Currency Reset” can be traced back to Goodwin’s conspiracy theory. She profited by getting people to send her donations in the guise of supporting her website.
Goodwin attached her NESARA doctrines to investment scams like Omega Trust, CMKX, and the Iraqi Dinar. Her claim was that these investments would pay off as soon as NESARA was implemented. Victims of these investment scams converted to the NESARA doctrines because it gave them false hope. This caused this conspiracy theory to grow expediently.
After the 2008 global economic crisis all of these conspiracy theories combined under one roof to make what we see today as The Global Currency Reset. So while the main conspiracy theory says there is going to be a dollar collapse, many of the sub-theories conflict with each other. Gold and silver merchants use the global currency reset propaganda to sell precious metals as endless commercials proclaiming a dollar collapse constantly appear on radio and television.
Check out the eBook version of the book in the links below.
Read The Book For Free!
Now you can read the first three chapters of the book for free. Click below to read the book! This will give you a basic overview of this conspiracy theory in greater detail. It will also cover early monetary history. This book will also explain how this conspiracy theory emerged in greater detail.
Oil shot up to well over $140 dollars a barrel. Two of the biggest investment firms on wall street collapse. The stock market dives and crashes. The United states government starts the TARP program. U.S. families lose over 11 trillion dollars in wealth. The Federal Reserve starts quantitative easing also known as Q.E. Pension funds and 401k retirement accounts suffer great loss. The price of food and other necessities rise substantially due to the rising cost of fuel. This is because it now costs more to bring these goods to market.
Yes, 2008 was a great year! (sarcasm) Among all the chaos while everyone was in a panic, the Global Currency Reset conspiracy theory began to take shape. The investment scams associated with this conspiracy theory began to take off like a rocket! People are making big money by ripping off the uniformed! Today these lies are still being spread for the sake of making a quick buck! Read the book by clicking on the link below.