"The 'Great Reset'"
by Brian Maher
"Like the poor… the world improvers will always be with us. The latest batch is yelling for a “Great Reset.” The prevailing economic, political and social institutions are inadequate to needs, they insist. Capitalism in its current form is the barbarous relic, a grotesque antique. Tinkering, adjusting, tweaking the thing is hopeless. It wrecks the climate. It opens vast gulfs of inequality. It alienates. Heave it into the fire, they say.
A beautiful new capitalism will rise in its place, the phoenix up from the ashes - a “greener, smarter, and fairer” capitalism. World improver extraordinaire Klaus Schwab, World Economic Forum Founder: "Anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930s. But, while this outcome is likely, it is not unavoidable.
To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism…
Left unaddressed, these crises, together with COVID-19, will deepen and leave the world even less sustainable, less equal, and more fragile. Incremental measures and ad hoc fixes will not suffice to prevent this scenario. We must build entirely new foundations for our economic and social systems."
The pandemic has already shoved the world out of its customary grooves, its habitual ruts. We must keep shoving, says this one-worlder - alert to the unique opportunity before him. It is time to push the Great Reset.
Here again is Schwab... globalist dreams bouncing in his skull, technocratic stars twinkling in his eyes: "The level of cooperation and ambition this implies is unprecedented. But it is not some impossible dream. In fact, one silver lining of the pandemic is that it has shown how quickly we can make radical changes to our lifestyles. Almost instantly, the crisis forced businesses and individuals to abandon practices long claimed to be essential, from frequent air travel to working in an office.
Likewise, populations have overwhelmingly shown a willingness to make sacrifices for the sake of health-care and other essential workers and vulnerable populations, such as the elderly. And many companies have stepped up to support their workers, customers, and local communities, in a shift toward the kind of stakeholder capitalism to which they had previously paid lip service. Clearly, the will to build a better society does exist. We must use it to secure the Great Reset that we so badly need."
Perhaps we do not wish to make more “radical changes to our lifestyles.” We might prefer our old lifestyle instead. And perhaps a Great Reset does not interest us. Does the will to build a better society exist, as Mr. Schwab states? It does exist, yes. But how to build it?
He and his mates would draft the blueprints... boss the work crews… supervise the construction. Orders come from up top: “That will require stronger and more effective governments,” this fellow concedes freely and openly. Thus he turns Jefferson upon his head — “that government is best which governs least.”
We are with Jefferson. As we are with Jefferson, we are against world improvers, sob mongers, tear-squeezers, meddlers... and humanitarians with guillotines. They are forever scratching what the great individualist Albert Jay Nock labelled the “monstrous itch for changing people.” We would leave people be, in peace… taking them as we find them. The only action a man can take to improve the world, Nock argued, is to present it with one improved unit.
The Klaus Schwabs of this world would present it with 7.8 billion improved units. We are with Nock - as we are with Mencken: “The urge to save humanity is almost always a false-face for the urge to rule it.”
Below, Jim Rickards writes us from the year 2027, reflecting upon the Crash of 2025… and a vastly changed, greatly “reset” America. Read on."
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"America, 2027"
By Jim Rickards
"As I awoke this morning, Oct. 14, 2027, from restless dreams, I found the insect-sized sensor implanted in my arm was already awake. We call it a “bug.” U.S. citizens have been required to have them since 2024 to access government health care. President Harris, who replaced Joe Biden in late 2021, signed it into law.
The initiative gained momentum during the COVID-19 pandemic that transformed the nation in 2020-2021. Vaccines were declared mandatory. You couldn’t hold a job, get on an airplane or attend any large public gathering without documented proof that you’d been vaccinated. Implanted chips that proved you were vaccinated were eventually required. That was to counter all the fraudulent papers of those who didn’t want the vaccine.
Anyway, the bug knew from its biometric monitoring of my brain wave frequencies and rapid eye movement that I would awake momentarily. It was already at work launching systems, including the coffee maker. I could smell the coffee brewing in the kitchen. The information screens on the inside of my panopticon goggles were already flashing before my eyes.
Images of world leaders were on the screen. They were issuing proclamations about the fine health of their people, their economies and the advent of world peace. Citizens, they explained, needed to work in accordance with the New World Order Growth Plan to maximize wealth for all.
That plan grew out of the “Great Reset” that took place after the pandemic, when globalist elites took control of the world economy to fit their vision of a “greener, smarter, and fairer” future. It was a plan to take power away from nation-states and concentrate it in their own hands. Equality and fairness were simply stalking horses to win popular support.
I knew it was all propaganda, but I couldn’t ignore it. Removing your panopticon goggles is viewed with suspicion by the neighborhood watch committees, who took their inspiration from the mask-wearing enforcers during the pandemic. Your “bug” controls all the channels.
I’m mostly interested in economics and finance, as I have been for decades. I’ve told the central authorities that I’m an economic historian, so they’ve given me access to archives and information denied to most citizens in the name of national economic security. My work now is only historical, because markets were abolished after the Panic of 2025. The pandemic-induced crash of 2020 was bad, but the Fed still had enough room on its balance sheet to re-inflate the stock market with massive asset purchases.
The Panic of 2025, however, was the final nail in the market’s coffin. That was not the original intent of the authorities. They meant to close markets “temporarily” to stop the panic. But once the markets were shut, there was no way to reopen them without the panic starting again.
Today, in 2027, trust in markets is completely gone. All investors want is their money back. Authorities started printing money after the Panic of 2008. But the printing went into overdrive in 2020 to support the economy and markets during the lockdowns. That solution stopped working by 2024 because the Fed printed so much money, the world lost faith in the dollar. When the panic hit, money was viewed as worthless. So markets were simply closed.
In 2025, the G-20 abolished all currencies except for local currencies. The resuscitated dollar became the local currency in North and South America. Europe, Africa and Australia used the euro. The ruasia was the only new currency - a combination of the old Russian ruble, Chinese yuan and Japanese yen - and was adopted as the local currency in Asia.
There is also new world money called special drawing rights, or SDRs for short. They’re used only for settlements between countries, however. SDR is also used to set energy prices and as a benchmark for the value of the three local currencies. The World Central Bank, formerly the IMF, administers the SDR system under the direction of the G-20. As a result of the fixed exchange rates, there’s no currency trading.
All of the gold in the world was confiscated in 2025 and placed in a nuclear bomb-proof vault dug into the Swiss Alps. The mountain vault had been vacated by the Swiss army and made available to the World Central Bank for this purpose. All G-20 nations contributed their national gold to the vault. All private gold was forcibly confiscated and added to the Swiss vault as well. All gold mining had been nationalized and suspended on environmental grounds.
The purpose of the Swiss vault was not to have gold backing for currencies, but rather to remove gold from the financial system entirely so it could never be used as money again. Thus, gold trading ceased because its production, use and possession were banned. By these means, the G-20 and the World Central Bank now control the only forms of money.
Some lucky people had purchased gold before 2021, when it was under $2,000 an ounce, and sold it when it reached $40,000 per ounce in 2025. By then, inflation was out of control after the Western democracies conducted a failed experiment in Modern Monetary Theory, and the power elites knew that all confidence in paper currencies had been lost.
The United States was hit especially hard. The only way to re-establish control of money was to confiscate gold. But those who sold near the top were able to purchase land, which the authorities did not confiscate. Those who never owned gold in the first place saw their savings, retirement incomes, pensions and insurance policies turn to dust once the hyperinflation began. Now it seems so obvious. The only way to preserve wealth through the Panic of 2025 was to have gold or land (or fine art, which wasn’t confiscated).
However, investors not only needed to have the foresight to buy it, but they also had to be nimble enough to sell the gold before the confiscation, and then buy more land and hang onto it. For that reason, many lost everything. Land and personal property were not confiscated because much of it was needed for living arrangements and agriculture. Personal property was too difficult to confiscate and of little use to the state.
Stock and bond trading was halted when the markets closed. During the panic selling after the crash of 2025, stocks were wiped out. The value of all bonds was also wiped out in the hyperinflation of 2025-26. Governments closed stock and bond markets, nationalized all corporations and declared a moratorium on all debts.
World leaders initially explained it as an effort to “buy time” to come up with a plan to unfreeze the markets, but over time, they realized that trust and confidence had been permanently destroyed and that there was no point in trying.
Wiped-out savers broke out in money riots soon after but were quickly suppressed by militarized police who used drones, night vision technology, body armor and electronic surveillance. Police honed their techniques putting down the great Antifa riots before the election of 2024, when Donald Trump ran for president again.
Highway tollbooth digital scanners were used to spot and interdict those who tried to flee by car. By 2026, the U.S. government required sensors on all cars. They not only tracked carbon emissions. They also allowed officials to turn off the engines of those who were government targets, spot their locations and arrest them on the side of the road.
In compensation for citizens’ wealth destroyed by inflation and confiscation, governments distributed digital Social Units called Social Shares and Social Donations, an outgrowth of the Great Reset. These were based on a person’s previous wealth. Americans below a certain level of wealth got Social Shares that entitled them to a guaranteed income. Those above a certain level of wealth got Social Donation units that required them to give their wealth to the state. Over time, the result was a redistribution of wealth so that everyone had about the same net worth and the same standard of living.
To facilitate the gradual freezing of markets, the “cashless society” was sold to citizens as a convenience. No more dirty, grubby, or virus-carrying coins and bills to carry around! Instead, you could pay with smart cards and mobile phones and could transfer funds online. Only when the elimination of cash was complete did citizens realize that digital money meant total control by the government. This made it easy to adopt negative interest rates. Governments simply deducted amounts from its citizens’ bank accounts every month. Without cash, there was no way to prevent the digital deductions.
The government could also monitor all of your transactions and digitally freeze your account if you disagreed with their tax or monetary policy. In fact, a new category of hate crime for “thoughts against monetary policy” was enacted by President Harris’ executive order in 2025. The penalty was digital elimination of the wealth of those guilty of dissent.
The entire process unfolded in stages so that investors and citizens barely noticed before it was too late. Gold had been the best way to preserve wealth until the Panic, but in the end, it was confiscated because the power elites knew it could not be allowed. First, they eliminated cash. Then they eliminated diverse currencies and stocks. Finally came the hyperinflation, which wiped out most wealth, followed by gold confiscation and digital socialism.
By last year, 2026, free markets, private property and entrepreneurship were things of the past. All that remains of wealth is land, fine art and some (illegal) gold. The only other valuable assets are individual talents, provided you can deploy them outside the system of state-approved jobs.
If only someone had warned us ahead of time."
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