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The Not-So-Great Reset, Ep #10
When the United States moved off of the gold standard in 1971, it allowed the government to print as much money as it wanted. When gold was the standard, they could only issue as much money as they had gold or assets to back it. It affixed a value. We operate on a fiat money system now, which means the market forces dictate the value of the currency. Those values can be easily manipulated. A day of reckoning will be coming.
Today’s guest is an expert on what's been called the “Great Reset.” Professor Michael Rectenwald is the author of 11 books, including titles such as “Thought Criminal,” “Google Archipelago,” and more. He was a professor at New York University for 11 years. He’s a champion of free speech against all forms of authoritarianism, totalitarianism, and political correctness. In this episode of Upthinking Finance™, we discuss what the great reset is and how it’s impacting the globe.
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LISTEN IF YOU ARE INTERESTED IN…
[5:26] What does the term “great reset” mean?
[8:53] Are companies abusing their responsibilities to their shareholders?
[11:55] Why “Environmental, Social, and Governance” (ESG) initiatives are problematic
[16:52] How did we get to a point where we are $30 trillion in debt?
[18:54] Why the stakeholder capitalism movement is an actual threat
[23:11] Other organizations and institutions that are involved
[26:16] When are we going to see a tipping point? Where will things end?
[30:45] The impact the great reset will have on the market and society
[33:36] What you can do to oppose the stakeholder capitalism movement
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RESOURCES MENTIONED
The US Debt Clock: https://usdebtclock.org/
Principles for Responsible Investment: https://www.unpri.org/
World Economic Forum partners: https://www.weforum.org/partners/
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CONNECT WITH MICHAEL RECTENWALD
Michael’s Website: https://www.michaelrectenwald.com/
Connect on LinkedIn: https://www.linkedin.com/in/michael-rectenwald-the/
Watch on YouTube: https://www.youtube.com/TheAntiPCProf
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CONNECT WITH EMERSON:
Website: www.CIAdvisers.com
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