The Peter McCormack Show #100 - Balaji Srinivasan - The Collapse of the West
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Aug 1, 2025 
In this discussion, Balaji Srinivasan, a tech founder and author of The Network State, dives into the decline of Western power and the ascent of China. He unpacks how inflation acts as global taxation and critiques U.S. trade policies that inadvertently boost China's status. Balaji also explores Bitcoin's promising role in a collapsing dollar system and the societal transformation driven by decentralization. He emphasizes the need for community ties and rethinking identity amidst economic shifts, stressing the relevance of technology in shaping our future.
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Decline of Western Dominance
- Western economic and geopolitical dominance peaked around 1950 but is now rapidly declining.
- The world is reverting to a multipolar system with power centers in Asia and the internet economy.
Four-Party Competition Dynamics
- China disrupts manufacturing and military, the internet disrupts media and money.
- US faces a four-way conflict between China, Red America, Blue America, and the internet.
Dollar Inflation as Global Tax
- Dollar inflation acts as global taxation, funding American living standards by taxing the world.
- This business model is breaking down due to US protectionism and geopolitical tensions.
