The feasibility of a Global Currency Reset (GCR) largely depends on whether systemic imbalances can be resolved without causing widespread disruption. For a GCR to be effective, it would require a redistribution of wealth, (They aren’t printing a mass amount of new currencies), something inherently challenging in the current geopolitical and economic climate. Wealth redistribution on a global scale will face resistance from powerful stakeholders who benefit from the status quo, including nations and financial institutions that dominate the existing system.
When you do a web search of the GCR economist dismiss it as a conspiracy theory. With the argument that it will not work or disrupt the current system globally. But their assessments are based on the current status quo . Not looking at the prospect of a new financial system . If one were to just take the label of “GCR” off the explanation and look at the mechanisms currently manifesting, it’s the same thing as the GCR. They’re just not calling it that.
Mechanisms like central bank digital currencies (CBDCs), blockchain technology and decentralized finance (DeFi) and the integration of regional currencies, such as the African Continental Free Trade Area’s proposed monetary union or the strengthening of the BRICS nations’ economic alliances, mimic elements of a GCR. Implementing these changes without causing economic shock-waves requires careful planning and international cooperation, a challenge given the competing interests of global powers. These incremental reforms, or adjustments to global institutions, are by definition the GCR; they’re just not calling it that.
Financial systems evolve incrementally, not through abrupt resets. Mechanisms like currency devaluations, debt restructuring, or monetary policy adjustments provide more measured and less disruptive ways to address global imbalances and have been practices commonly utilized by economies.
For a GCR to be feasible, it must run parallel with the existing system to ensure a seamless transition.Which if you look at it, has been going on for some time. These dual systems have been operating with the traditional fiat system coexisting alongside new asset-backed or digital currencies. This phased approach mitigates shocks and allows markets, businesses, and individuals to adapt over time. Historical precedents, such as the transition from gold to fiat currencies, demonstrate that parallel systems can ease the burden of systemic change.
Just because you don’t see the GCR flashing on a massive billboard doesn’t mean you should ignore the signs along the road.