The Rise And Fall Of Nations

Throughout history nations have constantly risen and fallen. All nations were once small a small territory of land and will inevitably become a small territory. It is the one constant of history. Though the longer these nations survive, the more they will be able to develop the nation is all fields. Though, arguably, the most important and interesting realm of development is their economic development. As you will come to know, it is also the most common framework that all nations seem to follow. And by knowing these trends throughout history and analysing them, you will be able to predict what will happen to economies and you will possess the knowledge to industrial your field. But I would argue that this is overly realistic, and what you should be focusing on is preparing yourself from the inevitable monetary crisis that is looming over us. 

The modern world is not in a good position. With governments printing money (as we learned from The Creature Of Jekyll Island) out of thin air, it essentially makes money worthless. This is because in proportion to the amount of wealth there is in the world, the amount of money heavily outweighs it. This is results in money perpetually diminishing in value. Though this is not the first occurrence of this phenomena in history and various kings used to do this so that they would require a smaller weight of coin to pay back debts. By repeating this enough times, you merchants start to notice and increase their prices, so they are fairly charged for their goods. This makes life unaffordable for the common person who would typically earn the same and this starts to decimate the population and sparks revolt and revolution. When Nixon took the dollar of the gold standard in 1971, $1 back then is worth $7.79 now. 54 years ago, a dollar was worth 679% more. How does that make any sense?