This essay sheds light on what is the Great Reset, explicates how the Great Reset will greatly lower the standard of living if it transpires, and demystifies how the world will forever change for the worst if the Great Reset plan is enacted. The Great Reset is deemed to be a proposed movement or plan by the World Economic Forum that aims to fundamentally change how people live their lives. The various initiatives that are apart of the Great Reset that would fundamentally change how people live their lives would adversely impact every facet of the individual’s life. Nothing salubrious can ever ensue from the initiatives apart of the Great Reset being enacted. One of the primary initiatives of the Great Reset aims to have people “own nothing and rent everything" by 2030. If people rent everything, then their recurring expenses will be substantially amplified. If people who work real private sector jobs based on voluntary demand are for instance required to rent everything, then their already egregiously low standard of living will become even lower. If you work real private sector jobs based on voluntary demand, then renting anything will not only further deplete your wealth, but will also causes you to accrue more insurmountable debt, but will also amplifies your negative net worth. A person who works real private sector jobs based on voluntary demand is all the more apt to succumb to a negative financial net worth if he rents items, especially since he is unable to resell the items that he is renting even after succumbing to paying the exorbitant recurring rental fees on the rented items. If you cannot own personal property, then you will not be able to recover any money when you are finished utilizing the rented items that you have been renting and no longer desire to perpetually rent them. On the other hand, personal property ownership, allows you to be able to resell items and subsequently recover at least some of the money from the items that you no longer desire to retain. Furthermore, renting items for a prolonged period of time can be more far expensive than even buying items that rapidly depreciate in value. Renting items for a prolonged period of time can yield enormous recurring rental fees. If people rent everything, then people will not be able to procure personal property. If people rent everything, then bureaucratic apparatuses and majority shareholders of companies will own everything. If people are barred from being able to acquire personal property, then it will adversely impact every facet of their lives. The notion of renting everything and never being able to own anything would be an unnecessary way for people to live their lives, especially since the manufacturing production capacity of manufacturers can easily meet customer demand for all products if they so choose to do so. It would be eminently unappealing and ineffably needless for people to be mandated to succumb to renting products, especially when there is no reason for product scarcity to artificially exist in the digital era. Manufacturers are capable of rapidly producing more products than people need and are even capable of churning out products at a rate faster than people can buy them at. Advanced manufacturing technologies exist that render it possible for an abundance economy to be brought to fruition in which products can be profusely produced at low manufacturing costs per unit. The Great Reset which aims to have people "own nothing and rent everything" by 2030 would create a scarcity economy if it was implemented since people would be barred from owning personal property. The ramifications of renting everything is of dire consequence to the individual’s future since items that are rented by customers cannot be resold. Furthermore, renting anything often bears a lofty recurring rental fee which can substantially amplify the individual's recurring expenses. People should never be bereft of their inalienable right to be able to own property. It is inhuman, immoral, reprehensible, deplorable, and unvindicated that one of the primary initiatives of the Great Reset aims to have people "own nothing and rent everything" by 2030. People’s right to own personal property should never be encroached on and it is grossly obscene that the Great Reset aims to eliminate personal property ownership by individuals. Beyond the aforementioned initiative of the Great Reset to have people "own nothing and rent everything" by 2030, there are other ample initiatives that are apart of the Great Reset. The Great Reset aims to have manufacturers pay to emit carbon dioxide which would ultimately culminate in products commanding higher prices.