Comment by trod1234

This wasn't worth reading. It is basically a giant wall of text, potentially AI generated, drawing comparisons that aren't important nor do they get to the call to action.

The simple fact is, the world we live in today is disadvantaged, and its been made that way by purposeful intent through money-printing, and it will continue to become worse until it can't function anymore; that's what history has to say on that. You have delusional people making choices that can't be undone for short-term profit, neglecting that when the value of money disappears, so does all that profit.

Merit doesn't really matter in such environments, and the market isn't a real market in such either. It lacks core requirements for price discovery, and adversarial independent decision-making (i.e. the major market players can't cooperate, but that is what they do when the money printer tells them do this or we'll call your loans due).

Non-reserve debt is money-printing. Lots of history that goes into where that ends (as a positive feedback system that runs away unable to stop itself until catastrophe).