The sooner Westerners abandon fiat, and store their value in scarcity (hard to produce assets), the best chance they have surviving the economic doom loop which results if other countries get there first. Otherwise, higher price inflation and economic decline are inevitable for the West, as the world increasingly rejects its fiat, demand for it decreases, and more of it is required as compensation for the value of others' time, energy, raw materials, resulting in inflation, higher interest rates, and collapse.