An American Horror Story: Conspiracies, Inflation, & The Great Reset

Dear Reader,

In 1983, I read a book by R. Buckminster Fuller entitled Grunch of Giants

The word grunch is an acronym standing for Gross Universe Cash Heist. It is a book about the super-rich and uber-powerful and how they have been stealing from and exploiting people for centuries. It is a book about a conspiracy of the rich.

Grunch of Giants moves from kings and queens of thousands of years ago to modern times. It explains how the rich and powerful have always dominated the masses. It also explains that modern-day bank robbers do not wear masks. Rather, they wear suits and ties, sport college degrees, and rob banks from the inside, not the outside. After reading Grunch of Giants so many years ago, I could see our current financial crisis coming—I just did not know exactly when it would arrive. One reason why my investments and business ventures do well, in spite of this economic crisis, is because I read Grunch of Giants

Reading Grunch of Giants confirmed many of my unspoken suspicions regarding the way the world worked. 

I began to understand why we do not teach kids about money in school. I also knew why I was sent to Vietnam to fight a war we should never have fought. Simply put, war is profitable. War is often about greed, not patriotism. After nine years in the military, four attending a federal military academy, and five as a Marine Corps pilot who served in Vietnam twice, I could only agree with Dr. Fuller. I understood from firsthand experience why he refers to the CIA as Capitalism’s Invisible Army.

The “Great Reset” Agenda

On May 28, 2018, while walking past a newsstand, the cover of Time magazine called out to me. 

The cover stated, “How My Generation Broke America.” Steven Brill’s article on elites in that magazine was another piece of the Grunch puzzle. Brill was stating the same concerns Bucky Fuller expressed 35 years earlier in Grunch of Giants.

In his lectures, Fuller was saying that the invisible people who control the world economy search our schools to find the best and the brightest so they can train them to run the world economy the way they want the world economy to be run.

Fuller might have said, “These very smart young people were selected and trained by those running Grunch.”

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum says, “The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world.” 

In an article he titled “Now is the time for a ‘great reset’” he goes on to describe what a reset means: 

The first would steer the market toward fairer outcomes. To this end, governments should improve coordination (for example, in tax, regulatory, and fiscal policy), upgrade trade arrangements, and create the conditions for a “stakeholder economy.” At a time of diminishing tax bases and soaring public debt, governments have a powerful incentive to pursue such action.

Moreover, governments should implement long-overdue reforms that promote more equitable outcomes. Depending on the country, these may include changes to wealth taxes, the withdrawal of fossil-fuel subsidies, and new rules governing intellectual property, trade, and competition.

The second component of a Great Reset agenda would ensure that investments advance shared goals, such as equality and sustainability. Here, the large-scale spending programs that many governments are implementing represent a major opportunity for progress. The European Commission, for one, has unveiled plans for a €750 billion ($826 billion) recovery fund. The US, China, and Japan also have ambitious economic-stimulus plans.

Rather than using these funds, as well as investments from private entities and pension funds, to fill cracks in the old system, we should use them to create a new one that is more resilient, equitable, and sustainable in the long run. This means, for example, building “green” urban infrastructure and creating incentives for industries to improve their track record on environmental, social, and governance (ESG) metrics.

The third and final priority of a Great Reset agenda is to harness the innovations of the Fourth Industrial Revolution to support the public good, especially by addressing health and social challenges. During the COVID-19 crisis, companies, universities, and others have joined forces to develop diagnostics, therapeutics, and possible vaccines; establish testing centers; create mechanisms for tracing infections; and deliver telemedicine. Imagine what could be possible if similar concerted efforts were made in every sector.

Cantillon Effect

During my conversation with George, he explained the Cantillon Effect and how those who benefit most from this, are the ones who are calling for The Great Reset: 

The Cantillon Effect is pretty straightforward. The government comes in and spends money into the economy like a drunken sailor and the Fed monetizes the debt. 

Additionally, they create massive amounts of base money through all the bailouts, quantitative easing, repo madness, etcetera. They create new broad and base money.

First, it goes to the political insiders, then, the financial insiders, and then, maybe to the subcontractors of the government and cronies. 

Then it goes into the hedge funds, financial institutions, big corporations, corporate executives, and financial assets. Finally, it may trickle down to the average Joe.”

Basically, these are the insiders that are buddy-buddy with the central bankers who are printing the money. 

You can see this working if you look at the PPP loans that were part of the CARES Act at the start of the pandemic. 

If a business needed a loan, they had to jump through hoops, and they’d have to go to their local bank to be approved, wait weeks or months to actually receive the money. But all the while, the elites closest to the Fed, received their money immediately. 

The Future Of Banking

If you believe Fuller, the real agenda of the Fed is not to control your money, it is to control you. I believe the Federal Reserve Bank and governments want a cashless society. 

Again, keep in mind what I’ve already told you about the global elites and the pandemic being an opportunity. 

In March of this year, a bill was proposed called the “Banking For All Act.” This bill was sponsored by the Ranking Member of the Senate Banking Committee, U.S. Senator Sherrod Brown. 

Under the guise of the “protecting the well-being of hardworking Americans and consumers” Senator Brown said, “My legislation would allow every American to set up a free bank account so they don’t have to rely on expensive check cashers to access their hard-earned money.” 

As George Gammon explains, the consumer is basically banking directly with the Federal Reserve. There’s really no need for the banking system. There is no banking system. There is only one central bank. 

How can this work? George says, “The Fed has a balance sheet where basically they can take an infinite haircut. What that means is if the Fed loans you money and you don’t pay it back, it doesn’t matter. They don’t have a profit and loss, so they can start to distribute money not to whomever they want but how they want, so instead of giving you a mortgage based on your credit score or your ability to repay the loan, they can do it based on your social score.”

This has the makings of a great finance-horror novel

Now, let me be clear, George nor I are saying this will happen. We are simply willing to look at the possibility. 

My rich dad used to always say that it is better to be prepared than sorry.

Conspiracies are fun to contemplate but sometimes that’s all they are good for…unless you use them to spur your mind, gain more knowledge, and become prepared for as many eventualities as possible.

My investment and self-protection strategies remain the same as always. I continue to learn and invest in my financial education – and so should you. 


Robert Kiyosaki

Robert Kiyosaki
Editor, Rich Dad Poor Dad Daily

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Robert Kiyosaki

Robert Kiyosaki, author of bestseller Rich Dad Poor Dad as well as 25 others financial guide books, has spent his career working as a financial educator, entrepreneur, successful investor, real estate mogul, and motivational speaker, all while running the Rich Dad Company.

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