Monetary Debasement and Its Effects on Portfolios

Monetary debasement, discussed in the podcast, highlights how governments utilize this strategy and its impacts on investment portfolios. The process of gradual impoverishment due to real disposable income decline, stagnant wage growth, and limited social mobility is a key concern. The slow burst of the debt-driven bubble leads to economic stagnation, hampering productivity-driven growth and real wage increases. The division between those benefitting from government spending and the average citizen's struggle reflects the destructive impact of currency purchasing power erosion.