Stuff That Interests Me

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comCards on the table: A Western fiat money collapse, along the lines of Zimbabwe, Venezuela, or Weimar hyperinflation, despite unsustainable deficit spending and un-payable government debt, is not something I think we are likely to see. Many more knowledgeable souls than myself deem it inevitable, but more probable in my view is just the continued debasement of currency and the erosion of its value, so that, with the incremental effects of compounding, a generation from now fiat will have lost another 90% or more of its purchasing power. Heck, the pound has already lost a third of its value just this decade. Since the beginning of the century, it has fallen by over 90%.I guess that constitutes collapse. It all hangs on how you define collapse, I suppose, and over what timeframe.Yet, there's one scenario I can envision that could lead to a more rapid collapse, and it's one we might even be careering towards: war. If tensions bet