- Create a virus (creating the problem).
- Lockdown.
- Crash economy. Print money.
- Inflation.
Several rounds of step 1-4. We're just done with one round. The currency is not devalued enough. With the Omicron variant (COVID-21) already out there, we've begin the next round. This process will take years (first round took two years 2019-21).
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Ban cryptocurrencies in effect (eg: By preventing trade against USD, or by declaring them a currency and therefore you need a banking license to deal with them etc. They can't directly ban it because of how the technology works)
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Devalued currency from hyperinflation. This destroys everyone's dollar holdings (close to cashless).
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In the old days, banks could issue their own currency. There were multiple currencies in circulation at the same time. We're halfway there with crypto already. Move to such a system again, since USD is too devalued.
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New crypto currency issued by private banks and/or a private Central Bank (let's call this collectively the "banking consortium") backed by an International cabal of corporations.
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Big box stores accept new currency. You need money and USD is worthless. You can only get a hold of the new currency by selling your assets to the banking consortium (since they created it, they are the only source of it). Now you see why step 5 is needed. Can't have you dealing with crypto that isn't controlled by the elites. Their currency must be the only solution.
Looks like an obvious takeover attempt, so they'll probably do it through a fund established by the government, with privates owning a stake in it (a bit like the Fed).
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The mega sale devalues all assets. They get to buy it cheap.
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You own nothing and you're (not) happy.
I agree with u/Mrexreturns that lockdowns are coming. I disagree this is a communist revolution. There is no communism without state ownership. The elites will never agree to state ownership of their assets. Instead we have a new form of totalitarian rule similar to the movie "In Time".
All this time, you will be under the impression you have choice. If you work hard enough, you can "make it" (their version of the American Dream). But of course your income is only ever at par with expenses, and you have no savings.
PS: Obviously, I must be missing many things and don't know whether this theory would even be doable from an economic perspective etc. Happy to be corrected.
Too creative and complex for the Elites to do that I think.
Why try more complicated methods, when the current method is crude, blunt and effective enough that the elites were trying since millenia?
They do not even need to crash fiat currency. There are more stupid and simple is best methods to get you starving.
Depends if their end goal is to get us starving, or whether it is also to establish a corporate takeover with them as the permanent rulers.
EDIT: To explain further, in the current system we can grow richer by owning assets which hedge against inflation and/or appreciate in value. So their of dominance is not total. In the new system, they own all the assets, and we rent them. Our only assets are our savings, which can be nullified through targeted inflation. Thus we can never break out of poverty (though we may think we can by working harder and saving more). We're reduced to worker bees that die when they stop earning (read working).
The goal is the former.
You'll understand where this is going once you understand what the Khmer Rouge endgame is since it's almost the same thing. It's not a permanent control system being experimented upon and set up, it is to see how many people they can kill or drive into despair until they get inevitably removed.
What happened to rich people's properties in the Khmer Rouge? I looked it up:
Source: https://edition.cnn.com/2011/11/25/world/asia/cambodia-property-development-controversy/index.html
So basically elites lose all private wealth and private power. How are they ok with that? They'd have to be pretty selfless towards their cause, whatever it is.
Elites? Is Kissnger affected? Is Chairman Mao affected? No. And all foreign officials and foreign reporters are sent back to their country conveniently like a stageplay is going on.
If you do not understand what Kissonger and Mao is for, let me reminder you that the Cambodian Genocide is started by Kissinger, Berenski and Mao Zedong AS A GREAT RESET EXPERIMENT.
There's no honor between thieves and this is why people said upon a Communist Revolution people like Gates, Fauci and Biden will be the first to die.