Category: Banking Power

• The Great Reset of 1929

  The Great Reset of 1929 was the theory that the Great Depression was not merely a collapse caused by speculation, structural weakness, monetary contraction, and financial panic, but a controlled burn of the economy designed to wipe out smaller wealth, reorganize ownership, and tighten elite command over credit and industry. The label “Great Reset” is retrospective, but the theory itself interprets the crash and depression as a deliberate clearing operation. In this view, mass unemployment, bankruptcies, and bank failures were not simply tragic outcomes; they were the mechanism by which an old economic landscape was destroyed and a more centralized one prepared. Because the crash of 1929 really was preceded by speculation and followed by enormous financial concentration and institutional reform, the theory has remained one of the most durable elite-management narratives of the era.