by Keith Weiner
There are now two entirely different notions of a coming “reset”. One has been popular among those who speculate on the gold price. They expect a revaluation of the dollar. However, the government does not set the value of the dollar. So there is no way to reset the value. Indeed, the government has been trying to push down the value of the dollar for over a decade, and mostly failing (because increasing quantity is not the same thing as decreasing value).
But that is not the reset discussed today. We want to look at the reset proposed by the World Economic Forum, and the book by Klaus Schwab and Thierry Malleret. They start with the fact that lockdowns have inflicted economic harm. They’ve impoverished people. And resulted in a random set of policies.