Many suspect August 15, 1971, will be one day officially considered the date the US dollar died. Some argue its demise started before, with the creation of the FED (a.k.a. The Creature Of Jekyll Island) in 1913. Others, with an even broader perspective of history (and a deeper understanding of the human psyche and behavior), may say it'd happen either way, for this is how nature works (in cycles). That's how we are. That's what we do: humankind loves a toxic relationship, and fiat money is just that. 

All excellent and valid points, but I'll leave that debate to future historians and stick to the present reality. Exactly fifty years later, we're starting to see and feel (hmmm, smell?) the effects of that process play out. The surging of COVID-19 gave bureaucrats and governing elites the perfect excuse cover-up to go into hyperdrive mode with failed policies and practices. Which not only make things worse but are visibly accelerating the deterioration of the economy and dangerously increasing the wealth gap.

Why do I care about the looming economic collapse?