Waiting for my lunch to come at the moment, so I've got until my food comes to finish this post!

Yes, we have a lot of bad actors that manipulate the law to favor themselves. But the reality is that common law generally applies to everyone. There are people beyond the avg that are disenfranchised and treated differently when the same law is applied. But again, it's less the norm, and more the outlier. The rule of law remains the strongest point here. And it's important to seperate the types of laws. Civil laws here are unbalanced, but the economy isn't based on civil law. Instead the laws that govern economics (property rights ans intellectual rights for example) are the ones that help push America forward.

When I speak of the unknown, I look at the society's that have collapsed. I haven't studied it, but there are really only two ways to collapse a society. Either it occurs forcefully through a take up of arms, or fiscally.

In the past, as in before fiat, economy was tied closely to gold and gold reserves. It's silly that economy has to be tied to a precious metal. When your out of it, people who are willing to work can't work because you can't pay them?

The willingness for humanity to work transcends currency, for that reason a fiat currency is the only system that will allow humanity to grow.

Part of theunknown thing I mentioned is that crypto) also fiat) has no way to be controled. It's both good and bad.

For example, if there is a relaxation in an economy, and less money being moved around (ie velocity of money) you will have less economic activity and unhappy people. In order to spur economic activity, you need to reduce prices so people start spending more, or lower the cost of borrowing.... So people can spend more. This ofcourse is economics 101.

Without that tool (and reality the power of centralization) then you will have wild swings when you price things in one currency.

In real terms, a steady inflation is the way fiat currency needs to grow and how that inflation occurs is imperative to controlling economics.

That's how I see it atleast and I've been constantly trying to find another way to view it because there must be more than one way to have honest money without a centralized system (not that the US acts honestly with their money anyway).