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Published on Gold Anti-Trust Action Committee (http://gata.org)

Alasdair Macleod: The global reset scam

By cpowell
Created 2020-11-20 00:30

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, November 18, 2020

This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time.

Instead, the collapse of unbacked fiat currencies will end all supra-national government solutions to their policy failures. Already, there is mounting evidence of money beginning to flee bank accounts into stocks, commodities, and even bitcoin. This is an early warning of a rapidly developing monetary collapse.

... Dispatch continues below ...



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Moreover, nothing can now stop the collapse of fiat currencies, and with it schemes to control humanity for the convenience and ambitions of government planners. There can only be one statist solution and that is to mobilise gold reserves to back and save their currencies, which in order to succeed will have to be fully convertible into circulating gold coinage.

It will also require the role of governments to be reset into a non-welfare, non-interventionist, minimalist role, which can be achieved only after a complete collapse of the current fiat-financed system.

Anything less will fail. ...

... For the remainder of the analysis:

https://www.goldmoney.com/research/goldmoney-insights/the-global-reset-s... [4]

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Source URL:
http://gata.org/node/20660