Part 15/17:
Toward the conclusion, the dialogue shifts to macroeconomic implications. Ray Dalio and other economists warn that the current debt-driven late-stage capitalism, supported by unchecked money printing and inflation, will ultimately lead to economic upheaval. Simon foresees that Bitcoin could serve as a hedge—replacing gold and traditional currencies—thus enabling a significant wealth redistribution from the over-leveraged to savers and investors who hold deflationary assets.
He points out that as governments and central banks lose control over money creation, the wealth gap will narrow, leading to an era of financial equality and stability that could reshape global economic power structures.