Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

The Great Reset? IMF Plan to replace bitcoin/us$/gold with digital online currency of SDRs

11 replies

lightand · 11/03/2021 13:22

I havent yet watched the video fully[I cant say I would understand it all ], and not yet read all of the comments.
But if this video is true, which I assume it is, is it a reason for concern?

Is this what the Great Reset is all about?

OP posts:
HawthornLantern · 11/03/2021 13:42

I haven't watched the video but the answer is presumably "no" as SDRs are not a currency. You cannot use an SDR as a medium of exchange or as a claim on anyone.

Also, the IMF has no power to replace bitcoin or US Dollars or gold except for its own purposes. It can't remove bitcoin, gold or dollars from the world. And the IMF already uses SDRs - and this is to calculate/calibrate the support that is given to the member countries of the IMF when they need financial help. Really sorry if I am just restating the bloody obvious!

IMF explanation

lightand · 11/03/2021 15:14

I do remember the name SDRs from years ago, though guess they were not online back then.

You can restate the obvious as much as you like, as I am trying to piece things together from previous, plus trying to get more up to date now.

OP posts:
lightand · 11/03/2021 15:15

This reply has been deleted

Message withdrawn at poster's request.

lightand · 11/03/2021 15:27

unlimitedhangout.com/2021/02/investigative-reports/from-event-201-to-cyber-polygon-the-wefs-simulation-of-a-coming-cyber-pandemic/

I didnt realise until recently, that the Great Reset is a real thing, and talked about often, I presume, in the financial world.

OP posts:
UnsolicitedDickPic · 11/03/2021 16:31

The Great Reset is a thing, but not to the extent that a huge amount of conspiracy theorists have suggested it might be. It's about making a more sustainable economy in an ever-changing world, especially in light of climate change.

time.com/collection/great-reset/

lightand · 11/03/2021 17:54

What Christie Lagarde has written, between 15 and 20 minutes through the first link, is a lot lot more than about climate change. Not sure she even speaks about it.

OP posts:
Insomniacexpress · 11/03/2021 18:04

Agree with PP that SDR is already used. SDRs are also already used in cargo liability limitation regimes in international law. You cannot pay a claim in SDR though, it’s converted to an actual currency.

UnsolicitedDickPic · 11/03/2021 20:13

@lightand

What Christie Lagarde has written, between 15 and 20 minutes through the first link, is a lot lot more than about climate change. Not sure she even speaks about it.
It's part of the Great Reset but as you say, not its sole purpose. Personally I'd not get my info from YouTube videos but hey, you do you.
lightand · 11/03/2021 22:09

What Christine Lagarde wrote, yes, was featured on the video, but her words were not taken from a video! It was an IMF document or somesuch[I will take a relook tomorrow].

OP posts:
lightand · 13/03/2021 14:59

Still havent watched my original link in it's entirety. I ended up listening to it from the beginning again, to understand it better.

Meanwhile, I have been listening to this

Had no idea that Russell Brand was interested in this type of thing, and had such a good understanding of things going on. It is about globalization, and trying to understand what Mr Bi ll Ga tes may be up to.

OP posts:
Sparrowcrane · 29/03/2021 08:36

Just found this thread. I have started to look into the great reset agenda which does sound ok on the surface but when you dig deeper it's very alarming! My source of info is mainly from the WE forum, not somebody's interpretation.

New posts on this thread. Refresh page
Swipe left for the next trending thread