This is a guest post from my friend Steven Menking who posts on The Amateur Society website. You will be hearing much more from Steven as well as other friends in guest posts on this site in the future. For more great articles check out The Amateur Society website here.
Steven Menking: Systemic Reset – What Comes After?
Global monetary systems typically undergo systemic resets around twice per century on average. If you are looking for an excellent, succinct resource for an overview of recent monetary history, please check out the following video before reading on:
140 Years of Monetary History in 10 Minutes – Mike Maloney
If you have come to the realization that the current monetary system is on life support and is overdue for a dramatic shift that will impact everyone and everything on the planet, then you may be wondering about what is coming next? Prognosticators are predicting everything from utopia to apocalypse and everything in between, and it can be confusing and frightening to examine many of the potential scenarios moving forward.
I don’t know exactly when the systemic reset will happen, what will come after, and how long the transition period will be. Unless you’ve received that information directly from God there’s no way to know. Even those eagerly awaiting and even making the decisions that will lead to such a transition do not have the absolute power and control necessary to execute their objectives with total certainty and with perfectly precise timing. Rather than venture fully into the realm of abject speculation, I will instead present several guiding principles that we can use to frame our conversations and analysis on this topic.