Are we nearing a collapse of fiat currency? Alasdair Macleod says that our current economy is nothing more than a “funny-money game”, where we are led to believe that our economy is booming thanks to a rising GDP. GDP, he explains, is not an indicator of growth; instead, its increase is directly affected by how much money is in circulation. An increase in GDP, he says, means that governments are printing more currency, devaluing it and bringing it closer to its collapse. Read full article here
Societal Issues
To curb drug deaths, communities turn to Reddit, texts and wastewater
With drug overdose deaths on the rise, authorities are attempting to curb the epidemic by tracking and sharing information in real time. In one unique effort, a nonprofit in New York City is using drug-testing equipment and stamping or marking habits of dealers to identify drug batches that may endanger users. Other approaches are also being used, such as monitoring drug-related chatter on Reddit and analyzing local wastewater for opioid and other drug levels. With the combination of these efforts, researchers hope to put a dent in the opioid crisis and reduce overdose deaths. Read full article here