GESARA
GESARA
GESARA, which stands for Global Economic Security and Reformation Act, is a proposed global policy that aims to bring financial stability and reformation to the world economy. It is believed by some to be an evolved form of NESARA (National Economic Security and Reformation Act), which was initially proposed in the United States in the 1990s but never enacted into law.
Objectives of GESARA
The primary objectives of GESARA are to:
- Eradicate poverty: GESARA aims to eliminate poverty by implementing policies that promote fair wealth distribution, access to basic necessities, and equal opportunity for all individuals.
- Reset the global financial system: It seeks to reform the current economic system by introducing new regulations and practices to prevent economic crises, reduce corruption, and promote transparency in financial transactions.
- Promote sustainable development: GESARA intends to encourage environmentally friendly practices and investments to ensure long-term sustainability and conservation of natural resources.
- Enhance global trade: It aims to remove trade barriers and establish fair trade practices to stimulate economic growth and cooperation between nations.
Key Features of GESARA
The key features of GESARA are as follows:
- Debt forgiveness: GESARA proposes the forgiveness of certain types of debts, such as credit card debt and medical debt, to relieve the burden on individuals and stimulate economic growth.
- Currency revaluation: GESARA suggests the revaluation of currencies to more accurately reflect their true value, which could potentially stabilize currency exchange rates and reduce speculation in the global financial markets.
- Abolition of income taxes: GESARA envisions the elimination of income taxes, replacing them with alternative revenue sources such as consumption taxes or resource-based taxes.
- Release of suppressed technologies: It proposes the disclosure and utilization of advanced technologies that have been allegedly suppressed by powerful entities. These technologies are believed to have the potential to revolutionize various industries and improve quality of life.
- Reformation of banking systems: GESARA aims to overhaul the banking systems by implementing stringent regulations to prevent fraudulent activities, money laundering, and excessive risk-taking.
- Transparency and accountability: GESARA emphasizes transparency and accountability in financial transactions, political processes, and governance to ensure a fair and just society.
Conclusion
GESARA is a proposed global policy that aims to bring financial stability, reformation, and prosperity to the world economy. It seeks to eradicate poverty, reset the global financial system, promote sustainable development, and enhance global trade. While it has gained supporters, it also faces criticism and skepticism due to its lack of official recognition, association with conspiracy theories, implementation challenges, and lack of a detailed plan. As of now, GESARA remains a concept that has not been officially adopted or implemented on a global scale.