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The Debasement of the World's Financial System
If you had to sort of say that the fiat monetary system is a dam, and you see various cracks in the dam, which would you say is the greatest fissure and is the most likely to burst? Would it be inflation or would it just be the level of debt? And also, what does debasement mean? I believe it's a term used for you had gold coin and you debase it by decreasing the quantity, the percentage, the composition of gold and a coin. What doesdebasement even mean when you have Fiat currency? Is it a metaphor that no longer applies? If you study the anchor of monetary systems, then you will see that every 60,