In producing the series, Maloney has reviewed several thousand years of monetary history and has observed that government intervention and mismanagement -- such as is now rampant across the world -- has always resulted in the diminishment and eventual failure of currency systems.
As for the world's current fiat currency regimes, Mike sees a reckoning approaching. One that will be preceded by massive losses rippling across nearly all asset classes, destroying the phantom wealth created during the latest central bank-induced Everything Bubble, and grinding the global economy to a halt.
- Source, Peak Prosperity
