NESARA EXPLAINED
The theory is called NESARA, or the National Economic Security and Recovery Act, and it really had 2 stages of its formation into what it is today. First, there was an original version proposed in the 1990s by a private citizen, Harvey Francis Barnard. The proposal was essentially a set of radical economic reforms that included replacing the income tax with a national sales tax, getting rid of compound interest on secured loans, and returning to the gold standard. He said that would result in 0% inflation, higher living standards, and a more stable economy. For close to a decade he tried to get his proposal in front of congress, but he didn’t work for the government and not many people took him seriously, so in the year 2000 he decided to use this new powerful tool to get the word out… the internet. That’s where we get into the 2nd phase of how it morphed into what it is today. Once it hit the internet, people like Shaini Goodwin, aka the “Dove of Oneness,” who was part of a cult called Ramtha’s School of Enlightenment, claimed that it was secretly passed by congress and then suppressed by the government. By the way, Congress IS the government… so how anyone believed that is beyond me… but I digress. They also claimed that it was a proposal to FOREGIVE all debt, rather than just changing the way interest is calculated, and some people also made up a global version called GESARA that would forgive all GLOBAL debt, rather than just in the U.S. There are all kinds of offshoots of this, like that all currencies would then trade 1 for 1, and so forth and so on. A lot of these have been the basis for investment scams, including one that the Dove of Oneness was a part of, called Omega Trust. So, while the idea that it was secretly passed by congress is a complete conspiracy theory and has no merit, we can still look at the real and fake proposals from an economic and investment perspective to see what their impact would be. Let’s start with Barnard’s original proposals to replace the income tax with a national sales tax, outlaw compound interest, and return to the gold standard. Well, some of these things have been tried in other places and in general, I’d call them radical but not COMPLETELY crazy. FREE CURRENCY COURSE: https://www.fundamentalsoffinance.com/freecurrencycourse 00:00 NESARA Explained 2:07 Replace Income Tax 3:03 Gold Standard 3:35 Abolishment of Compound Interest 4:30 Global Reset Explained 5:50 Free Course #nesara #globalreset #fundamentalsoffinance
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