Global Financial Reset

What, Who, Why & When: A Simplified Perspective

What:

"Money is only money if everyone agrees it's money."

Originally, money was tangible assets that could be traded, then precious metals like gold & silver became easier to handle. The current, global monetary system is known as a "Fiat Currency, Fractional Reserve, Debt-Based System."

Professor Richard Werner

Study: How money is created out of thin air. (10 min)

Causation: Consolidation for control

Kill small business/create monopolies; Create asset bubbles/transfer wealth

https://youtu.be/kLKbT4pK5OQ?si=zHncp_dxhwV6jJ0c

Who & Why:

When a "government" wants to be in control the endless cycle begins where asset values are raised, exchange mechanisms (paper money) are introduced, then debased by flooding the global market with more and more paper money, creating lower confidence & lower value, then collapse of purchasing power, then a system reset, etc.

Over 800 historic recorded resets.

Taylor Kenny, ITM Trading*, 4 Stages of Reset

(*Advertisement, but simplified explanation, not an endorsement)

Causation: Debase currency, compared to gold/Control user's wealth accumulation

https://youtu.be/xguam0TKMw8?si=Loc8BJC9DkKqIbTR

When:

So here we are, once again!

Every unit of value (dollar) is loaned into existence which automatically lowers the next unit of value's purchasing power until everyone no longer agrees that it is money, which by the way, is where we are now!

US Dollar Collapse, Lynette Zang (3 min)

https://youtu.be/Vg7KpHiMME0?si=-vNpVtA4EarN8PPc

Principles for Dealing with the Changing World Order (44 min)

Ray Dalio

https://youtu.be/xguam0TKMw8?si=Loc8BJC9DkKqIbTR

Digital Assets, A Tokenization Revolution

A VERY Simplified Perspective:

Take a moment and visualize way back in time, when the store keeper sat behind the counter with his visor over his brow and quill pen in hand. Every transaction was entered into the massive ledger (transaction information) as a record of account.

Let's fast forward...

Even though we are used to seeing our money as digits on a screen and our debit card transacts instantly, it still requires 2-3 days to settle each transaction. That delayed settlement evokes what is referred to as "counter party risk," which simply means there is no trust between intermediary institutions until that transaction is settled. Digital asset transactions eliminate that issue and create what is referred to as a "trustless system" as each one is settled with-in seconds, not days by a stateless, third party.

Digital Assets are a form of Cryptography (digital security)...

They are located on what's called a "blockchain" which "decentralizes" where the ledger (transaction information) is stored. Units of value are now held within tokens that can be fractionalized (small transactions) and each transaction is recorded on a digital ledger that is "immutable" (cannot be changed or erased).

Tokenization...

Eventually, all existing and new assets will be tokenized which will completely change how you acquire, hold and protect your rights to your property. Learn along with the development of this new system so you'll be able to manage your inevitable entanglement within this new digital world. The greatest risk is the one of which you are unaware.

This new system is already here and in use by institutions globally and can be fully activated on the retail level with a "flip of the switch," whether we want it or not!

Blockchain & Crypto Security, David Schwartz, CTO Ripple Labs

https://youtu.be/zsDCl-FT5x8?si=mTtZWpMfeSmW8pBx