The list of similarities is way way longer than devalued currency.
Discussion
I was kinda thinking the same thing tbh. The devaluation of the currency was rather a side effect of the policies we have in common, not a cause in and of itself.
Is there a good resource that lays out how the US may unwind as a nation? What do we expect to happen?
It won’t.
Well, many in the bitcoin community seem to think it will and I’m curious what they are reading to think this. Id like to see the logic behind that thinking.
Unfortunately, lately I personally see more and more people believe this and similar without any reasoning just because they hope US collapse will pump bitcoin price
I understand the desire for change, but the belief in a total collapse and that somehow life will be better in that case, is a non starter for me.
I don't think it is good. That doesn't mean it won't happen and we shouldn't study to try to avoid it or figure out how to individually navigate it best.
Me too, but I gave up on that a while ago.
Calls to split the empire, which Rome did. Constant wars causing the military budget to expand so much they were forced to debase the currency. Government corruption. Increasing influence of Christianity over the government. Uncontrolled immigration. Collapsing economic opportunity and erosion of the Middle class.
Many are repeating a narrative they don't understand and can't explain. That doesn't mean the parallels aren't there.
I was just thinking about this. Many older books are relevant but written in a way that is tough for modern readers. There is an industry around that. Marcus Aurelius is a tough read for modern readers, so we have Ryan Holiday. Machiavelli and Sun Tzu are tough, so we have Robert Greene.
I don't know of anyone offering the same service for ancient history. I bet they would use this public domain book as a source though...