The evidence and theory for how monetary collapse has been made inevitable

This paper is a preprint of a chapter in the forthcoming book Breaking Together (Bendell, 2023). It provides evidence on the chronology of decisions by monetary authorities since the start of the pandemic in 2020 which contradicts some of the official explanations. Instead, by following the use of the funds made available by Central Banks, the possibility that the policy was to enable a neo-colonial acquisition of foreign assets by corporations is explained. The impact on inflation is noted, as well as the way certain corporations benefited in unprecedented, anti-competitive, and environmentally inappropriate ways. The author offers personal reflections on how an unusually risky monetary policy might imply that certain parts of the financial establishment are preparing for the possibility of a transition to new monetary arrangements - perhaps even a scheduled collapse. That might be because of their awareness of the fundamental unsustainability of the existing expansionist monetary system.