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[–]fred_red_beans 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (4 children)

Here comes the great reset

[–]Jesus[S] 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (3 children)

According to WEF, it is to save capitalism because their capitalism always needs money flowing in some new industry. So, a new economic revolution of reductio ad absurdum has to be bolstered to account for stagnation. In this case the 4th industrial revolution (AI, transhumanism, APPS, 5G, IoT, etc.)

[–]Tom_Bombadil 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

According to WEF, it is to save capitalism because their capitalism always needs money flowing in some new industry.

I don't understand what they expect to reform as the economic value-add replacement for production.

It doesn't sound like the banksters plan to quit printing money.

I don't think anything will fundamentally change, except for the central bank will cannibalize the other banks, and issue digital currency directly.

Also, many national currencies will be eliminated.

Also, the luciferace tattoos. :-/.

[–]Jesus[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Printing money creates inflation, stagnation via a lack of consumerism equals the rate of profit is approaching zero! Your surplus value can no longer be used to expand production thus your capital fails valorization! What do you do???

I have talked to farmers and they are, right now, undergoing the "sacrafice quota." This is a reductio ad absurdum of modern economics.

Corporations will engage in stock buybacks to reinflate stock prices while contracting production & laying off workers, pay execs & preferred investors handsome dividends til the jig is up, then offload shares to retirement funds before it all collapses again.

If small businesses actually take loans, I'm guessing they'll use it to fund operations til eventually the manufactured demand drop forces them to close for good then the banks will take whatever is left of value as collateral.

And large corporations will use loans for leveraged buyouts, taking over medium and small businesses.

The goal was to blame all ofmthisnon something else, like a virus, that is real' but under the PsyOp of a pandemic that is largely concocted to give them the desired results.

The are now looking to the 4th industrial revolution based on data farming to reroute to a niche market that will bolster profits again.

[–]Jesus[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

central bank will cannibalize the other banks, and issue digital currency directly. Also, many national currencies will be eliminated.

Probably a cashless society via RFID. They have already implemented all of thos for transportation and basically banking (usury). But digitial currency is FINE if you get rid of banks. When we have banks we have usury.

National currencies won't be eliminated, they'll probably just be backed by a gold SDR or some BRIC equivalent.