Where did the myth of the "Gobal Currency Reset" come from?

[LightinDarkness]

One of the things that links lots of the topics in this forum together - NESARA, the dinar RV, prosperity funds, etc. - is this persistent myth amongst conspiracy theorists and true believers of the "Global Currency Reset." Its so pervasive, and so much accepted as fact, that on a lot of websites and conference calls they don't even spell it out, they just say "the GCR" and everyone knows what it means.

The myth is this idea that for some reason, all the governments of the world will at once massively revalue their currencies such that anyone that "invested" in worthless currencies (dinar, dong, Zimbabwe dollar, etc.) will be able to cash in at rates of $1-$3/unit of worthless currency and become instant millionaires or billionaires.

What I can't seem to find is where this insane myth comes from. You only need to understand elementary economics of course to understand how this is 100% BS - the amount of money that would be created would be so massive that we'd enter hyperinflation and resemble Zimbabwe within days. These idiots don't seem to understand that keeping exchange rates low is a trade strategy lots of developing countries use to their advantage to support exports. Not to mention it makes NO sense from a political or public policy perspective. But I can't seem to find where the origin story of this myth is - is it NESARA?

[thunter]

I've never been able to find the genesis of the GCR myth, but I have seen the concept morph over the years. Originally the GCR was to to include a reset of all debt (all debt forgiven) and the introduction of a single, world wide asset based currency. Great if you owe lots of folks money, kinda sucks for those you owe money to!

Now, the GCR seems to mean, as you noted, everyone is going to be filthy rich. Of course, when everyone is "rich," no one is rich. But, that doesn't seem to occur to the hopeful.

[Alcibiades]

Yes, the GCR is an interesting myth and though one would think that it should be a relatively simple matter to trace its origins, it doesn't seem to have a simple line of descent.

It appears to be connected with a bizarre twist on the notion of a return to the Gold Standard (currencies backed by tangible and valuable commodity assets, such as gold, or in the case of Iraqi Dinar, oil.)

Often it is discussed in conjunction with a total misrepresentation of Basel III. This voluntary regulatory framework which banks signed up to is basically about stress testing and maintaining sufficient liquidity against borrowings so as to avoid a repeat of the GFC. It has absolutely nothing to do with currency, but that hasn't stopped various alt. media gurus from rolling it out with great frequency to show that it must be somehow related to a grand GCR strategy.

The gurus will often grasp at media straws to reinforce their case, such as when Christine Lagarde mentioned the word "reset" at Davos, there was a nod and a wink - she is alluding to the GCR! Of course she meant nothing of the kind - she was referring to a necessary reset in structural reforms, because monetary and fiscal policies around the world still had a long way to go before they could be considered normal in the context of a resumption of global growth.

The fact that not a single economic journal or respected commentator has ever mentioned it specifically means nothing - it is cloaked in secrecy. Somehow, though, the alt. media knows all about it. They must have clandestine sources that the mainstream media can only dream of!

Another thing that is never mentioned in their delusion is that with trillions tied up in the Forex markets at any one time, a sudden GCR would of course be a catastrophe, destroying market confidence and hurling the world into a bottomless financial abyss.

Or perhaps that is what they are hoping for - an end to the banking slavery system and so-called fiat currency. Back to grass huts and communal farming for all of us.

[Deep Knight]

Sunday, February 9, 2014
Global Currency Reset ”February 16-18 2014”

http://www.youtube.com/watch?v=y9llv1bJQHY#t=58

Posted by John MacHaffie at 3:52 PM

Everything you need to know is on the new $100 bill. Except a soundtrack.

[Fmotlgroupie]

What really gets me is that Dinar cultists can persuade themselves that handing trillions of dollars to a random set of people just because they "invested" in some crappy z-rated currency, rather than, say to people measurably in need, would be just or fair. After that bit of mental gymnastics I can see how they believe in Chinese Royal Families, White Knights, etc.

[Pottapaug1938]

By immersing themselves in the Dinarist world, many people who feel powerless and insignificant are able to tranform themselves into Warriors For A Noble Cause. They now have a hope, however illusory it may be, that they will someday be very wealthy; and they also have something on which they can blame their continued insignificance and powerlessness (due to the evil machinations of the Powers That Be who want to keep the "little people" oppressed and poor ).

[The Observer]

What really gets me is that Dinar cultists can persuade themselves that handing trillions of dollars to a random set of people just because they "invested" in some crappy z-rated currency, rather than, say to people measurably in need, would be just or fair

From time to time the various proponents of these scams will make passing reference to this issue by telling their audience that the purpose of NESARA/RV/GCR is not only to enrich each of the "investors" but for them to share their upcoming "wealth" with those less fortunate or to become "entrepreneurs" by starting up new businesses or investments to promote new jobs. This is a rationalization to help people get around the problem of so much wealth being put into the hands of the few - "Hey, the reason you are getting so much money is because God/St. Germain/Wielder of the Purple Flame trust you to do the right thing with it. Other people would just waste the money." Slick way to appeal to a person's ego and to weld them to the cause even further.

[Pottapaug1938]

Look which scam is among the Better Business Bureau's 10 top scams of 2013:

http://www.bbb.org/Global/Council_113/B ... s-2013.jpg

[Deep Knight]

Look which scam is among the Better Business Bureau's 10 top scams of 2013:

Proof positive that it's real and the power that be are desperately trying to stop it. If you read between the lines of this false flag, you'll see that much bigger Dongs are gonna come up on the bank's screens any second now!

I especially liked the "Arrest Warrant Scam." As you know, police don't show up to arrest people anymore, they give them a phone call instead.

[DailyPlanet]

TAKING ON the "Jim Willie's of the World":

A thoughtful piece from a thoughtful guy (Ken):

"The USDollar held in foreign jurisdictions is beyond the legal authority of the USGovt, which cannot continue covering its debts with inflation spew in the grandest heretic experiment in history."

Here, he parrots a very common propaganda line in the mainstream financial press: presenting QE and other monetary shenanigans as either a "failed experiment" or the result of stupidity and incompetence by the nation-state or its central banksters. What is happening in the currency world is not an experiment, nor is it the result of Fed idiocy; it is a very deliberate and well-executed process of grand theft and sovereignty destruction.

The Central Banks do not exist to do what the textbooks and financial press claim they do; they exist to milk the populace and advance the adoption of centralized global governance by the bloodlines. All the geopolitical nation-state intrigues that Willie references are mere exercises in public relations as the globalist-controlled governments steer their people in the directions the bloodlines wish them to go. The contrived reasons given to the people for what their leaders are doing have nothing to do with the real reasons things are unfolding as they are. Nothing is what it seems.
. . .

...according to this narrative, the Chinese would take control of the globalized FRN and the "US Republic" would start printing its own domestic Treasury Note under the control of the Federal Reserve operatives who dominate the Treasury Department. Such an emergence of a new Treasury Note is widely promoted as a wonderful development among other faux-truther sources. Allow me to say, though, that any new currency offered at the global or national level is a chain that will bind you to continued enslavement. We must discard their currencies and create our own, despite any opposition they might offer us.

In closing, I'd like to say this: as we grew up, we were taught many things about how our world works by very questionable school curricula and very misleading mass media. In textbooks and through media, we were taught what government is about and how it functions, but were we taught the whole truth? We were taught about the valiant public service of the FBI and CIA, but were we taught the whole truth? We were taught about how the police and military keep us safe, but were we taught the whole truth? We were taught how nations relate to each other on the global stage, but were we taught the whole truth? Looking back at it all, we were taught fantasies, weren't we?

==

>More: http://blog.redefininggod.com/2014/02/1 ... -crew.aspx

[wserra]

Looking back at it all, we were taught fantasies, weren't we?

Umm . . . No. Not the complete picture, perhaps, but not fantasies.

[JamesVincent]

Huh. And here I thought the Daily Planet was known for its truthful and factual reporting. Color me surprised.

[notorial dissent]

Apparently not the one in this reality.

[Deep Knight]

I didn't know which tread to put this on, it's RV but it's also the latest chapter in MacHaffie's Global Currency Reset beliefs, that is if he really believes what he believes. The NESARA News banner today.

OBAMA AND DARK CABAL MUST BE IMMEDIATELY REMOVED NOW TO SAVE OUR COUNTRY. THEY ARE FORCING A FINANCIAL COLLAPSE WITH THE INTENT OF CREATING THE NWO (NEW WORLD ORDER).
What Is Really Going On?

What is really going on with this Dinar RV release in this country? Why are we pushing for Obama & Cabal immediate removal?

The world is being held hostage by a criminal organization known as the cabal which has and will do anything to maintain control of its slaves. Yes – key word is slaves and that is us!

This criminal organization is Global in nature. The RV in the USA is being stopped and blocked over and over. One of the key operatives is the Bush Family starting with old man Bush, No. 41, who is a disguised German brought over from the Hitler era. There are 13 filthy rich families that control the world, 12 are outside the USA.

OBAMA IS THEIR PUPPET, WHO WILL PUSH THROUGH THE NWO AGENDA. USA GAINS ITS INDEPENDENCE WHEN OBAMA IS REMOVED. WE BE FREE FROM THE PRESSURES OF THIS CRIMINAL ORGANIZATION ESPECIALLY WITH THE ESTABLISHMENT OF THE REPUBLIC AND THE SHUTDOWN OF THE CORRUPT FED CORP/RESERVE BANK.

CNN has all the videos and data to reveal the true stories of this criminal organization. It is rumored they are refusing to release them because of death threats against the board of director’s families.

What does this RV mean to us the people, formerly slaves?

RV MEANS A NEW BEGINNING WITH A TREMENDOUS INFUSION OF FUNDS ---- FOR PEOPLE AND THE FAMILIES. THIS IS HUGE, WAY BEYOND ANY RESTORATION FUNDS FROM BEFORE. THE FUNDS ARE EARMARKED FOR THE PEOPLE, NOT THE CORRUPT GOVT OR BANKING SYSTEM NOW IN PLACE. FUNDS SHALL BE USED FOR NEW PROJECTS, NEW TECHNOLOGIES AND RESTORING OUR COMMUNITIES. JOBS WILL BE CREATED IN MASSIVE NUMBERS. This is what the present corrupt administration and cabal is trying to stop! They be losing control over us slaves!

So folks – that is the other side of the story. This is why we are pushing for Obama and the Cabal’s removal immediately!

The fool, there are 5 ruling families: The House of Rothschild, The Fu Manchu's, The Bushes, The Saxe-Coburgs, and The Duck Dynasty. If there were 13, nothing would ever get done. And the word coming down from the ruling council, the heads of the richest families in the world, is "What the @#$! is a Dinar RV?"

[LightinDarkness]

DailyPlanet,

Thanks for providing such a great example of the GCR myth! The problem is of course, its all just a myth.

Not that you care about the facts, but just to keep track of all the non-existent entities mentioned in that post: globalist controlled governments, bloodlines, domestic treasury notes, and a complete misunderstanding of the Federal Reserve.

[davids]

According to this guy, it is a part of the 'Dodd-Frank" bill and isn't any conspiracy "ufo stuff".

http://www.youtube.com/watch?v=i9-HvKct0Tw

I don't think this guy knows beans about anything. But he says it's Dodd-Frank derived. I have no idea why - couldn't bear listening to this!

[Deep Knight]

From MacHaffie.

Wednesday, March 12, 2014
the planned global currency reset -- IMPORTANT FOR UNDERSTANDING

IMPORTANT FOR UNDERSTANDING

This is important for understanding the planned global currency reset. Countries agree to re-value their currencies to within 5% of each other. No more currency wars but it is planned to facilitate the implementation on the NWO.

The reset is not the global collapse. That is when the Banks close and you cannot withdraw your funds. That will happen early 2015, some time after Obamacare has been implemented .... this according to Lindsey William's 'elite' informants

This taken from Prophecy Club's website promoting his book:

"The greatest event in the financial word in the past 1,000 years is about to take place. Two hundred and four nations have agreed with the IMF (International Monetary Fund) to reset their currency. Christine Lagarde is the new financial head of the IMF. If she and the 'Elite' have their way, this event will take place within the next ninety days (three months)

The 'Elite' have prepared you for this event with an Electric Smart Meter which has been installed on almost every house in America. Only from my 'Elite' friend will you ever know what has been done to you." [smart meters were installed to dumb you down]

[Links for 4 Lindsey Williams and one Steve Quayle and Greg Everson YouTube videos]

Posted by John MacHaffie at 3:28 PM

90 days? This originally was posted on "Before It's News" on December 6th, 2013, 96 days ago.

[Alcibiades]

Two hundred and four nations have agreed with the IMF (International Monetary Fund) to reset their currency.

Given that the IMF has a current membership of 188 countries (and there are only 194 generally recognised nations in the world), this is even more astounding news! Perhaps it foresees the success of current independence movements such as that of Scotland, with the Scottish Haggis debuting as its new currency. I also imagine that the American South will be seceding again and bringing back confederate currency, or possibly the Dinar - it seems that there are a lot of those there already.

The 'Elite' have prepared you for this event with an Electric Smart Meter which has been installed on almost every house in America.

Alas, we don't have those in this country, so we are totally unprepared and vulnerable. Now I'm really concerned. And we don't have guns here, either - how can we be expected to run amok and loot without those?

[notorial dissent]

I think they inadvertently installed multiple smart meters on McHalfwits refrigerator carton, which would certainly explain his usual run of breaking news.

[JamesVincent]

Alas, we don't have those in this country, so we are totally unprepared and vulnerable. Now I'm really concerned. And we don't have guns here, either - how can we be expected to run amok and loot without those?

We don't have them out in the sticks either. We do have the weapons though.