Nations inflating their debt away

In this short clip of his powerful video on the changing world order, Ray Dalio explains the almost inevitability of a nation trying to print and inflate away their debt as their empire is in decline.

Creator	Time	URL
Ray Dalio	1min	Full source

Takeaway Looking back at the entire history of money, empires that are in their decline always choose to print more money to address short-term concerns, ending in a collapse of the currency itself.