Part 3/9:
The current state of affairs draws parallels to key historical periods, such as 1913, 1933, and 1971—a time when significant monetary changes were afoot. Observations suggest that we are entering a historical moment where shifts in the Overton window could ultimately create imbalances in global monetary systems. In similar past cycles, debt tends to migrate from the private sector to sovereign levels and is often deflated away.
One of the most pressing questions is whether we are nearing a critical midpoint within this long-term debt cycle. Historically, points such as the Bretton Woods Agreement in 1944 or the Plaza Accord in 1985 marked key developments that shaped currency relations and standards.