IN THIS EPISODE, YOU’LL LEARN:

00:00:00 - Intro 00:00:13 - What is the cause and effects of falling empires and debasement of currencies 00:10:11 - Why the hardest money does not always win 00:16:10 - The problem with commodity money 00:19:19 - The relationship between fiat currencies and warfare 00:25:51 - What the Tiffin dilemma is, and how it’s relevant today 00:34:15 - Why Japan's macro situation is distinctly different than what will happen in the US and Europe in the years to come 00:38:30 - Why the Bank of Japan can’t forgive the debt to the government 00:51:47 - What history can teach us about the performance of stocks, bonds, gold, and oil in times of inflation