Economic Reset
đ Gold â The Shiny Rock You Can't Shove Up Your Butt (Easily), âHard Resets,â and the LARP of Economic Reform
Or: Why Your Favorite Gold Bug Twitter Thread is a Financial Fantasy Novel
Ah yes, the age-old prophecy:
âWe need to return to the gold standard. The fiat system is collapsing. A hard reset is coming. Buy gold. Trust no one but Peter Schiff.â
Youâve heard it all before â the reset crowd crawling out of the shadows every time CPI crosses 4% and their boomer uncle sends another YouTube video titled âTHE COLLAPSE IS NEAR đĽ MUST WATCH BEFORE ITâS DELETED.â
⨠The Dream: Bretton Woods 2.0 â But With Less Understanding of Economics
These folks really believe weâll wake up one morning, the central banks will press a big red RESET button, and boom â gold is now $50,000/oz, your entire financial history is wiped clean, and fiat is dead like Blockbuster.
Spoiler alert: If the Hard Reset⢠actually happened like they say, the only âgold standardâ weâd return to is gold-plated credit scams from Capital One.
Why?
- The world isnât just some Excel sheet the IMF can CTRL+Z.
- Nations owe each other trillions.
- If you âresetâ everything, you reset trust.
- And global capitalism is built entirely on trust + IOUs + speculative bullshit.
Also, fun fact: Bretton Woods required global cooperation.
You think the same countries that canât agree on climate change are going to come together and say, âYes! Letâs peg everything to shiny rocks again!â?
đŚ Meanwhile in Late-Stage CapitalismâŚ
As we fantasize about gold bars and silver coins jingling in our pockets, Visa just mailed pre-approved credit lines to your dog.
Equifax just sold your grandmaâs birthday to a data broker for $0.04 and that data got bundled, tokenized, and sold to 4 hedge funds by lunchtime.
âYour credit is your currency now, peasant.â
And hereâs the truth bomb for the Reset Fanboysâ˘:
The System Will Never Reset In Your Favor.
đŚ Even the System Needs Interest Rates
If you believe that your balance will be wiped clean in a post-reset world, youâve never worked in consumer finance.
Credit card companies donât "survive" by generosity. They survive by:
- Compounding interest
- Late fees
- The psychological thrill of minimum payments
Even if we did go through a âreset,â you bet theyâll re-index the new money to your existing balances.
âOh, you owed $8,000 in dollars? Cool. Now thatâs 2 Gold Credits. Still due by the 15th.â
đ§ Welcome to the Real World, Not Your Gold Fantasy RPG
In reality:
- Youâll still be spammed with â0% APR for 6 monthsâ mailers.
- Your debt wonât magically vanish â itâll be repackaged with new branding.
- Gold wonât save you from rent, taxes, or your $17 DoorDash order.
You think your landlord takes Krugerrands? No. They take Zelle, and thatâs powered by JPMorgan, the same institution that bought your great-grandfatherâs soul in 1932.
đ Closing Thoughts
So next time someone posts a doomsday thread on X claiming:
âThe Hard Reset is here. Gold will be king. The dollar is dying.â
Just smile and whisper:
âMeanwhile, Mastercardâs stock is at all-time highs and I just bought a PS5 using Klarna. Nice try.â
The truth is: resets donât kill the system â they just change the logo.
Capitalism doesnât die, it rebrands and resells itself with 22% APR.
Now go check your mailbox.
You might have just been pre-approved for survival. đłđĽ