The Fiscal Crisis and Digital Currency Dynamics

This chapter examines the escalating interest payments on U.S. debt, surpassing military spending, and warns of an impending fiscal crisis that may lead to significant governance changes. It highlights the need for transparency in financial practices, contrasts government-issued digital currencies with decentralized banking, and analyzes the implications of private entities on monetary systems. The discussion also delves into the historical context of central banking, U.S. dollar dominance, and the intricate relationship between public and private financial interests.