Understanding NESARA/GESARA: The Theories, Origins, and Reality
What is NESARA/GESARA?
NESARA (National Economic Security and Reformation Act) and GESARA (Global Economic Security and Reformation Act) are concepts that have circulated in conspiracy circles and alternative economic theories for years. Proponents claim that these acts outline a series of financial and governmental reforms designed to eliminate debt, return the world to a gold-backed currency system, and redistribute wealth. While no verifiable evidence supports their implementation, the ideas continue to gain traction in online communities.
Origins of NESARA
The NESARA concept is often traced back to the late 1990s. It is said to have been developed as a set of economic reforms by a group of anonymous individuals, allegedly signed into law by President Bill Clinton. However, there is no record of such legislation existing in official government archives.
According to these theories, NESARA would include:
The elimination of all credit card, mortgage, and other bank debt due to fraudulent banking practices.
The abolishment of the Federal Reserve and a return to a gold-backed currency.
The removal of the IRS, replacing it with a simplified tax system based only on non-essential goods.
An end to government corruption, requiring resignations of many public officials.
The restoration of constitutional law.
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