Lynette Zang: Banks, Debt, and Overnight Reset


Streamed live Feb 15, 2023

Viewer Questions:

Question 1: 0:41
You often talk about the “overnight reset”. Is this realistic for a reserve currency like the dollar? It would literally be a global reset. Isn’t it more likely that the dollar value will be rapidly debased over a compressed timeline, still affecting everyone but allowing time to adjust the global system?

Question 2: 3:10
Are money market funds exposed to bail-in possibility, like our bank deposits are?

Question 3: 5:05
It seems to me that in times of trouble a person wouldn’t get the higher amount back from a more rare and higher priced gold coin. At the end of the day I’m thinking the actual weight of gold in a coin would dictate the sale price if a person decided to sell?

Question 4: 9:16
When Lynette says, “they have to burn off the debt before putting a component of gold back into the currency to get confidence back.” What or how will that debt be burned off?

Question 5: 10:05
If and when a monetary reset occurs, where do we go to convert our ‘gold’ into usable currency or money? IMO most likely no exchange will have enough ‘cash’ to pay out.

Question 6: 14:02
After all the resets, will the price of gold decline in value as individuals start selling off their gold thereby reducing the market value of gold?



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