Here’s a December 15th, 2025 article from Myrmikan Research called simply “Truth” on the history of paper money, gold and currency debasement. Read it if only for the quotes. Walk away from it knowing where we stand and what’s always happened when a society stands here. The author writes early in the article:
“The tragedy is that while most people would prefer not to speculate, to enjoy instead the safe, steady gains on their capital once offered by the bill market,
constant currency devaluation forces them into speculation whether they have any acumen for it or not.”
“Everyone wins at first. Eventually the bubbles pops. “Most men thought it wou’d come,” reflected Alexander Pope after the South Sea Bubble burst: “but no man prepar’d for it; no man considered it would come like a Thief in the night. . . . They have dreamed out their dream, and awakening have found nothing in their hands.”” Perhaps, it is suggested, currency debasement magnifies the debasement of civilization.
Here’s the link: https://www.myrmikan.com/pub/Myrmikan_Research_2025_12_15.pdf On my links page you can sign up for free to be notified of new articles.