Part 5/9:
Throughout the last century, the U.S. transitioned from a gold-backed currency model post-World War II to a fiat currency system characterized by rampant printing and ballooning debt. This shift has led to enormous trade deficits and financial dependencies that could lead to an impending economic crisis. The last reset, which unfolded during the financial collapse from 2008 to 2014, saw policymakers engaged in quantitative easing to stave off economic disaster, yet the underlying issues of debt and trade imbalances were left unaddressed.