NESARA / GESARA is a conspiracy theory that claims a radical reset of the US economy will wipe out all debts. The theory is promoted by Shaini Goodwin, known as the “Dove of Oneness.” It refers to the National Economic Security and Recovery Act (NESARA), a set of economic reforms proposed in the 1990s that aimed to eliminate compound interest on loans, replace income tax with a national sales tax, and return US currency to the gold standard. However, these proposals were never introduced before Congress. Goodwin and other conspiracy theorists allege that the proposals were secretly passed by Congress but suppressed by George W. Bush following the 9/11 attacks. Despite being a popular theory among some individuals and groups, there is no official documentation or legislative activity regarding NESARA / GESARA, and it is not recognized by any governments or international organizations.
The Global Economic Security and Reform Act (GESARA) is a proposed set of reforms to the global economic system that aims to address issues such as debt, taxes, and economic inequality. It is often associated with NESARA (National Economic Security and Recovery Act), which is a similar proposal for the United States economy. GESARA is based on the principle of resetting the global financial system to a more stable and equitable state. The proposed reforms include debt forgiveness, the establishment of a new currency system including cryptocurrency, and the redistribution of wealth through programs such as a universal basic income.
The origins of GESARA are unclear, and there is no official documentation or legislative activity regarding the proposal. Some individuals and groups promote GESARA as a solution to various economic problems, but it is important to note that the proposal has not been enacted into law and is not recognized by any governments or international organizations.
The National Economic Security and Recovery Act (NESARA) has not been officially applied or implemented and was never passed into law. NESARA like GESARA, was developed as a response to perceived flaws in the US financial system and aimed to provide a comprehensive reform package that would address issues such as debt, taxes, banking, and the economy as a whole. The bill also includes provisions for debt forgiveness and the establishment of a new currency system.
While NESARA has gained a following among some individuals and groups, it has not been enacted into law, and there is no official indication that it will be in the future. The US Congress did not pass the bill, and there has been no recent legislative activity regarding it. Therefore, it remains a proposal that has not been put into practice. NESARA/GESARA is a matter of debate and speculation rather than an established policy or action plan. However, it’s worth noting that the global economic system is complex and multifaceted, and any attempts to reform it would need to be carefully considered and thoroughly evaluated to assess their potential impact on various stakeholders.
There are many factors to consider, such as economic growth, international trade, financial stability, and social equity, among others. Therefore, it is crucial to approach any proposed reforms with a deep understanding of their potential consequences and to engage in open and transparent discussions with relevant stakeholders to ensure their successful implementation. While some people may advocate for the implementation of NESARA / GESARA, there is no clear evidence or plan to support such an action at present, and it would require careful consideration and evaluation before any action is taken.
