Aug 5, 2026 · 36 min · 16 segments
The global financial system is entering its final chapter, warns economist Alasdair Macleod. The fiat currency era is ending as the U.S. loses the Iran war, triggering a supply shock that will drive…
Dunagun KaiserHost
In times such as you're describing where there are actions being taken by those in charge of the money supply, the currency supply, to cover their tracks, to cover the obviousness of, to obscure the failures of the system that has benefited the few, perhaps at the expense of the many, there's bound to be a lot of finger-pointing and blaming.
That gets back to your quote that you listed about the first casualty is truth.
Any anticipation that you have of the kinds of blaming you mentioned price control.
So that's one that the government can say, oh, it's these it's these landlords and it's these corporate greed.
We got to stop them from doing that, completely deflecting the attention from the truth.
You see in other particular blames that are in the typical playbook, they tend to be trotted out just so people can be aware and prepared not to fall for this fleecing that's coming.
And, of course, companies will go bust because higher bond yields means higher interest rates, except where they're rarely suppressed by the government.
Foreigners will get blamed because they're profiting from our whatever, whatever.
And in America, you've also got the additional problem of the failure of the Trump regime and the problems that it's created or brought on for itself.
And I suspect, I mean, I think I'm right in saying that in the opinion polls, you know, Trump is really the lowest of any president there's ever been ever since, you know, the opinion polls have been run on suitability for office.
And of course, this leads to price controls because rather than seeing supermarkets profit from selling you food, you've got to control their prices.
In times such as you're describing where there are actions being taken by those in charge of the money supply, the currency supply, to cover their tracks, to cover the obviousness of, to obscure the failures of the system that has benefited the few, perhaps at the expense of the many, there's bound to be a lot of finger-pointing and blaming.
That gets back to your quote that you listed about the first casualty is truth.
Any anticipation that you have of the kinds of blaming you mentioned price control.
So that's one that the government can say, oh, it's these it's these landlords and it's these corporate greed.
We got to stop them from doing that, completely deflecting the attention from the truth.
You see in other particular blames that are in the typical playbook, they tend to be trotted out just so people can be aware and prepared not to fall for this fleecing that's coming.
And, of course, companies will go bust because higher bond yields means higher interest rates, except where they're rarely suppressed by the government.
Foreigners will get blamed because they're profiting from our whatever, whatever.
And in America, you've also got the additional problem of the failure of the Trump regime and the problems that it's created or brought on for itself.
And I suspect, I mean, I think I'm right in saying that in the opinion polls, you know, Trump is really the lowest of any president there's ever been ever since, you know, the opinion polls have been run on suitability for office.
And of course, this leads to price controls because rather than seeing supermarkets profit from selling you food, you've got to control their prices.
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