Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:

The ‘Great Reset’ reads like a globalist plot with some plot holes- Will happen fast, you won’t be warned. (You’ll either be ready in advance or you’ll be subject to...

% of readers think this story is Fact. Add your two cents.

Have you heard of the reset which the International Monetary Fund has planned for the world’s financial system? Likely you haven’t, but that’s OK, most people haven’t. If this weren’t the head of the most powerful financial institution in the world, it would be easy to write off as irrelevant, but the IMF has the power to pull this off.

But how? Quick answer, the SDR. The SDR is short for “Special Drawing Rights,” which is IMF money, so to speak. Without getting into the complexities of it, think of it as currency for nation states only.

Businesses and individuals cannot access SDR’s. SDR’s are what the IMF uses to bail out nations and “rebalance economies.” They are digital, not hard currency. You cannot hold an SDR in your hand, nor can you write a cheque for one. What backs them? International currencies. Larger economies like the EU, USA, Britain, China, and others contribute their currencies to the IMF as donations to be used to maintain the global financial system.

When a nation like Greece gets in trouble, the IMF may choose to issue SDR’s, which can be converted into any currency required, so in the case of Greece, they would convert their SDR’s into Euros. Remember, SDR’s are digital only, and you could say they were created to be converted into another currency.

SDR’s were created in 1969 and are used by many nations. There were times when political forces attempted to make SDR’s the world currency, but none succeeded. But today more than ever, there is a growing consensus among nations to bring the SDR’s onto the world stage as the one world currency. Exactly what this would look like and how it would come to be are details only a handful of people know, but there is a meeting every 5 years to discuss the SDR and the next meeting happens to be in October of 2025.

Why this matters.

The past 5 years have seen calls from nations like Russia and China for a one world system, a one world currency, namely the SDR. Previously, these two nations were hold out’s to this system, but now both are vocal advocates of this monumental shift. That leaves no substantial resistance to SDR’s among nations, save countries like Iran, Syria, and smaller nations which have no say in these matters.

Back to the reset. The term “creative destruction” is popular among economists, it refers to the process of destroying something in order to birth something better. In this scenario, they would deem destruction to be “creative.” This is exactly what the heads of large financial institutions, nations, and various global players have in mind. They have said so with their own words, and when people with this kind of power say they want to do something, it would be wise to remember it. It’s true they don’t always succeed, but usually they do.

The Global Reset will be a currency reset. Select currencies will be chosen to form a “basket” of currencies, which will be the privileged few to which SDR’s can convert to. Will other currencies still exist? This I don’t know, but even if they do, their value will be greatly diminished. As I write this, we already have a currency crisis developing in the world, as the US dollar has become so much more valuable than other currencies, in particular emerging nations.

Why this is a problem. The US dollar is the world’s reserve currency, so to trade with other nations, it’s usually necessary to convert your nation’s currency into USD. This becomes a problem when your currency is worth very few US dollars, it makes everything more expensive, too expensive. It can be a benefit for exports though, as other nations view your products as cheaper due to your currency being devalued, but unless the country is a major exporter, this isn’t enough to offset the devaluation disadvantage.

This trend shows no signs of changing, and will ultimately result in emerging nations being unable to pay back debt denominated in USD, or import goods required for their society. This is why we need a reset, among other reasons the IMF would state. If you listen to the IMF discuss the reset, it sounds like a necessary change and beneficial for global trade and commerce. But behind the few benefits are some very nasty hooks.

SDR’s will put control of the world’s money in the hands of a few. The money will have no intrinsic value, even worse than now where we merely trade pieces of paper with no intrinsic value, we’ll be moving to digital currency. With the click of a mouse, billions, trillions, or quadrillions can be given or taken away. That’s a lot of power. Many people understand the danger of a system like this and will therefore resist, the IMF and its allies already know this, which is why they believe they will have to orchestrate a crisis big enough to make the whole world beg for a new system. This is easy to do when you have the cooperation of the largest banks, governments, and institutions in the world.

The Global Reset will happen fast, you won’t be warned. You’ll either be ready in advance or you’ll be subject to whatever crisis unfolds. Whether it be a collapse of the banks, an economic collapse, a war, or all three is anybody’s guess, but it will be the world’s largest economic event in history.

There’s no way to know exactly what will occur, but there are ways to prepare for it.

If you have any dissatisfaction with my content, you can tell me here and I will fix the problem, because I care about every reader and even more so about your opinion!

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.