7 financial scams, bubbles and boondoggles that are nothing like cryptocurrency and NFTs
Understanding NESARA/GESARA requires a journey through some very strange conspiratorial territory, and I’d leave it out because it’s too silly if it didn’t become so popular among the dingbats in our country.
Here it is: in the 1990s, Harvey Barnard (who was just a random guy, not an economist or government official) self-published a book in which he presented NESARA, a series of economic proposals designed to make the U.S perfect economy (bullshit like going back to a currency backed by precious metals, getting rid of income tax, abolishing compound interest, etc.) He sent the book to members of congress. They didn’t care. Neither did readers, so Barnard published his book on the iInternet. In 2005, he is deadThis is where real life ends and the madness begins.
Throughout the 1990s and 2000s, a woman named Dove of Oneness spread the idea that NESARA had been passed by congress in a secret session and would soon be implemented – all debts would be abolished and peace would reign. safeart. Any day. (I left out a lot about aliens, 9/11, “ascended masters”, lizards, etc., for space) GESARA is the same idea, but for the whole world!
Fast forward to QAnon. In the absence of regular messages from Q, QThe Anons have embraced a wide range of conspiracy theories, including NESARA/GESARA. Q-people and other kooks who believe in this particular crazy flavor are (among others) convert U.S dollars to iraqi dinars (a nearly worthless currency outside of Iraq) because they believe that the impending enactment of GESARA will cause a revaluation of the world currency – or maybe something else will lead to the revaluation. It’s not clear. But it’s eventand when it does, three million Iraqi dinars will be worth three million dollarinstead of the $2,000 it’s worth now.
An unrelated story: Huge numbers of people on the internet are buying and owning shares of GameStop, the chain of physical video game stores, because they believe that MOASS (the Mother OFAll Sshortqueezes) is just around the corner, and they’ll go crazy rich if they just hold on to their shares. You see, the only thing keeping GameStop’s stock price from reaching $5,000 per share or more is a coordinated conspiracy between the SEC, hedge fund managers, and inverted vampires to manipulate…you know what? I’m too tired for that. You you can try to understand if you want.