A Secret Global Monetary Reset Has Started (Watch Before This Video Is Banned) Part 1
A Secret Global Monetary Reset Has Started (Watch Before This Video Is Banned) Part 1
George Gammon: 10-17-2026
Chapter 1: The global monetary reset
A global monetary reset is happening right now. And I can assure you it is nothing like what you've been told. You think it's about oil and the petro dollar, but it's not. It's about debt.
It's about trillions and possibly quadrillions of dollars in debt. This is the biggest monetary reset in the history of the world. It might even be the biggest event the world has ever seen. And it's happening in secret.
It's happening in the shadows. It's happening without anybody knowing. And I can assure you this has huge ramifications for your portfolio, for gold, for Bitcoin, the global economy, and potentially the entire world order as we know it.
This is not something that you're going to hear in the mainstream media, and it's definitely not something that you're going to hear on YouTube.
But today, in this video, I'm going to reveal everything to you. so you can be better prepared.
Chapter 2: The petrodollar system petro dollar system actually works and the possible changes that's going to happen to this system as a result of what's happening in the Middle East right now as we speak.
But as we go through this video, you'll see dollar system is just a sideshow and what we really need to focus on is the main event.
(Using white board illustrations)
This is the petro dollar system. It's actually quite simple. But before we get there, let's go back in time to 1971. This is when Bretton Woods basically collapsed. Nixon took us off the gold standard.
So according to history books and economists, we needed to create some sort of demand for dollars. We needed to create a new system where there was also additional demand for US treasuries.
So, we went to Saudi Arabia in 1974 and said, "Hey, let's do this deal and we'll call it the petro dollar." And the deal basically goes like this. Saudi Arabia sells all of their oil for dollars.
The way the story goes is this creates demand for those dollars and then they take those dollars that they get for selling the oil andTop of Form then they go ahead and recycle them back into US treasuries so they can have a dollar asset where they're getting paid a little bit of interest.
So they sell the oil for dollars. Then they take those dollars. They give them to this guy, your drunk, insolvent Uncle Sam right here. And then he takes those treasuries and gives them back to Saudi Arabia. And that becomes the asset on their balance sheet that replaces the dollars that they received for selling the oil.
But of course, there's another part of the deal. So Saudi Arabia agrees to this, but the United States agrees to back them from a military standpoint. So if they have any conflict, if anyone, I don't know, like bombs one of their airports, then we promise to come in onbour white horse and save the day.
So let's go over a quick visual of how this works, just so everyone is on the same page. We've got the United States here.
We have Saudi Arabia.So, we have all this oil that's being produced in Saudi Arabia. They're shipping this down to whoever is below them. I don't know, let's say Africa. They're shipping this over to the east, to the northeast, that's probably Asia, and they're sending it straight up to Europe or over to the west kind of.
And in return, the Asians, let's say Japan, are sending them dollars. Now, this is very interesting because obviously the dollar is not the currency that they use in Japan. It's yen. So, what the Japanese have to do is they actually have to sell their yen to get the dollars they need to go ahead and send to Saudi Arabia to get that oil that they absolutely have to have.
And it's the same thing in Europe where the Europeans are having to take those euros, turn them into dollars. And it would be the same thing here. whatever currency they're using that is south of Saudi Arabia, they got to exchange that currency for the green back and send that to Saudi.
And like we said right here, Saudi sends that to your drunk insolvent Uncle Sam. That would be the US Treasury. Then your drunk insolvent Uncle Sam sends in all of this US debt, which is basically an IOU that promises to pay them a little bit of interest.
So, like I said, the petrod dollar system itself pretty straightforward. It's not rocket science. What's important to understand are the results or the ramifications of this system. At least the ones that you're told by all the people on YouTube, the economists, and the mainstream media.
See, what you're told is because we have this petro dollar monetary system, this creates demand for dollars that otherwise wouldn't be there, giving it more value relative to other currencies. And it also creates more demand for treasuries than otherwise would be there. So, it keeps our interest rates low.
So it allows your drunk, insolvent Uncle Sam to run up all of this debt, $40 trillion dollars of debt, and run these giant, massive, epic, biblicalsized deficits. But there's a problem and it's a really, really big problem. The problem is none of this actually matters.
Chapter 3: The debt-based dollar
Why? because we have transitioned secretly in the shadows. Like I said earlier, no one really even knows about this, but we've been transitioning from this petro dollar system to a new system, a new global monetary system.
And for the sake of this video, we'll call it the D and D dollar. Now, what does that stand for? It's not the pro dollar. It's the debt and derivatives based dollar. That's the monetary system that we are living in right now.
And this paradigm shift, this reset, if you will, changes absolutely everything. It should change the way you look at your portfolio. It should change the way you look at money. And it should change the way you look at the world.
Earlier, what I talked about is what everyone focuses on in the mainstream media especially here on YouTube, is just a sideshow. It's really irrelevant. And what you have to focus on is the main event. And that's what we're going to talk about right now.
So to start, let's go to the visual capitalist and look at the Fed's balance sheet. And I love this because it gives you a visual representation of the actual size of the balance sheet compared to other things that are vastly more important.
Again, what we want to do is we want to focus on the main event. We don't want to focus on the slideshow. So here you can see the size of the Fed's balance sheet represented by these little colored squares. And this is as of I think the end of 2020. But believe it or not, the Fed's balance sheet is a similar size right now in 2026.
So you've got the visual size there.
Let's go ahead and scroll down to the actual money supply. And here they say the global money supply, broad money, is right around 95 trillion. Now today it's going to be a lot higher than that. And I would argue even back then it was much larger than the 95 trillion.
The base money is very very difficult to measure because you would have to have access to the information for every single bank all around the world. So this is a rough guesstimate and I would say they're undershooting it. But even back then, again, 2020, we're looking at almost $100 trillion.
And remember, the vast majority of that is going to be denominated in dollars. And then we need to ask ourselves, who really controls the dollar? Is it the US government? Is it the Federal Reserve? or is it the banking system? Because they're the ones that created the almost $100 trillion dollar that you see represented on this screen.
So if the banks are creating the vast majority of the money supply, the vast majority of dollars, and it's not the FederalReserve, it's not the US government, how on earth do the banks do this? I mean, do they have a printing press? And the answer is kind of. editor, go ahead and throw up the size of the global debt versus the size of the money supply versus the size of the Fed's balance sheet. So, we go from tiny to large to massive. [laughter] You can see right there on the screen.
And the punchline is the banks lend the currency, the banks lend the dollars into existence. So the global monetary system and demand for dollars or demand for treasuries for that matter has absolutely nothing to do with oil and it has everything to do with debt and derivatives. That's the part that we haven't got to yet. And that's the part where you definitely have to be sitting down.
That's when we get to the derivatives. We're going to do that at the end of the video, but before we do, let's go right back to the whiteboard.