Two statements summarize the transition from the existing global order to the next iteration:
1. Finance dominated resources in the old order. Now the roles will reverse and real-world resources will dominate finance. We can't “print our way” out of scarcities.
2. Reshuffling currencies and credit will not stop the breakdown of the global order's “waste is growth” Landfill Economy Model.
Playing financial tricks has extended the life of an unsustainable economic model that glorified “growth” from wasting resources. By expanding credit “money,” the current global order fueled unsustainable consumption driven by unsustainable speculation.
Stop expanding “money” and credit and the global order of “growth” implodes.
Unfortunately for all those who benefited from soaring wealth and income inequality, the trick of expanding “money” and credit has reached systemic limits. The dam holding all the toxic debt, leverage and fraud is finally cracking.