Part 12/14:
In a deteriorating environment, wealth will be increasingly redistributed via policy measures that favor politically aligned entities. Companies that adapt to government spending priorities will thrive, while traditional investors—particularly passive investors and legacy financial firms—may face obsolescence.
Protecting Your Wealth
In this environment, gold and Bitcoin stand out as assets resistant to censorship and state control. Nonetheless, self-custody and true decentralization are essential; reliance on ETFs or custodial wallets could expose investors to the very control mechanisms they seek to avoid.