Balaji explains how the US prints dollars to fund its lifestyle, effectively taxing the world, and why this model cannot survive a loss of reserve-currency status.
View full episode →“Dollar inflation functions as a global tax that funds American prosperity beyond its productive capacity.”
“US debt and unfunded liabilities (~$175 trillion) are unsustainable, pointing toward a sovereign debt crisis.”
“Internet‑first societies will evolve into sovereign network states powered by shared crypto infrastructure.”