Part 3/13:
This persistent decline isn’t an accident but a deliberate consequence of financial policy—namely, money printing. The government’s strategy is to inflate away debt and transfer wealth from savers to the state’s coffers—a process known as financial repression—which acts as a hidden tax on the average citizen who holds cash savings rather than productive assets.
The Great Debasement and the Race for AI Supremacy
The narrative then shifts towards a bleak forecast: the debasement of currencies will not slow down. Instead, it’s about to get much worse as global powers compete for dominance in the most transformative technology of our time—Artificial Intelligence (AI).
AI and Robotics as the Pandemic-Exponent Race