Скачать или смотреть Episode 4 – The Debt Spiral: Why Our Monetary System Is Reaching Its Limits

In this episode of The Initiation, I turn our focus to one of the most foundational—and fragile—systems shaping our world: money.

This isn’t just a conversation about inflation, debt ceilings, or economic cycles. What I explore here is something deeper: the structural limits of our current fiat monetary system—and why it may be approaching a breaking point.

We trace the full arc: from barter to gold, from centralized banking to fiat currency—and why our system, built on ever-expanding debt, now seems to be entering a spiral that’s mathematically impossible to sustain.

I unpack:

– The five core properties of money and why scarcity is the most essential
– How fiat currency emerged from gold-backed systems—and what we lost in the process
– Why our current system requires perpetual debt creation just to stay afloat
– How governments face an impossible bind between default and debasement
– And why this isn’t just an American story, but a global reckoning

We’re now seeing the consequences:
– Exploding interest payments
– Record levels of personal, corporate, and sovereign debt
– A decline in the effectiveness of debt as a growth driver
– And trillions in unfunded liabilities that dwarf our capacity to repay

I explore the two historical paths that typically follow this kind of system exhaustion: deflationary collapse or hyperinflation—and why both signal a possible phase shift, not just in money, but in the very architecture of global trust and coordination.

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The Initiation is a podcast for those who sense we’re living through a civilizational turning point. In each episode, I explore the forces of breakdown and breakthrough reshaping our world - and the inner transformation required to meet them.

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Until next time - stay awake, stay courageous, and thank you for being part of The Initiation.