Spot on. Citizens of developed countries have a tendency to become far too comfortable and privileged. They become too entitled, which often leads to those lucky enough to be living in these countries to become upset and overreact over the most insignificant and trivial matters. Lol. They waaaaayyy too spoiled. It's pathetic. Of course, this is not the case for many. Citizens who grew up in poverty seem to vastly appreciate whatever they have. Far more than citizens who had not grown up in such circumstances.

Traditional Keynesian economics that we were raised to adhere to IS complete pseudoscience. You are correct on that. Fiat is literally backed by nothing! The kind of economics system we're seeing right now with BTC is a whole other story. Lol. Another time.