It seems like a new banking system backed by something tangible again like how it was in the 1800's and prior would be a good move but would those of us in debt still be in debt to the banks? If not, how would our debts magically be absolved?
Example, say you owe money on your car and you have a ton of outstanding debt to a bank or credit lender. How exactly does implementing a new system of banking nullify this? Can't the bank still say "Since the USD is defunct, now you owe us the "New US Treasury Certificate" equivalent of that amount"?
I just can't quite put 2 and 2 together how the new currency would be debt free without older debts being absolved first.
Could be fantasy land, may not be though.
I first heard about GESARA/NESARA in the early 2000s.
I heard about it via cautionary tales, like "So and so thought NESARA was going to happen and stopped paying their bills/mortgages. Now they're even more broke than before."
At the time, I thought those stories were far-fetched, but now I'm not so sure.
Same. The thing is with the old guard finally dying out, this thing may finally get passed.