John Rubino: Why Inflation is No Accident – The Hidden Truth

I sat down with John Rubino, a renowned financial analyst, author, and expert on global economic trends, to discuss a reality we can no longer ignore: the debt trap that’s destroying our future.

We’ve been living in an illusion of wealth, maxing out our credit cards as a society—funding wars, elections, and lifestyles we can’t afford. But now, the bill is due. Governments worldwide are drowning in debt, interest rates are rising, and inflation is crushing everyday people. There’s no easy way out.

- Are we in a financial death spiral?
- Why is the next generation paying for past mistakes?
- Is the system designed to make the rich richer—and everyone else struggle?

John breaks down why the global financial system is reaching its breaking point and what this means for the future of money, investments, and everyday life.

What do you think—are we past the point of no return? Share your thoughts in the comments!

00:00 – The Illusion of Wealth: How Debt Made Us Feel Rich
02:00 – The Global Debt Crisis: Why Governments Are Going Bankrupt
04:30 – Inflation vs. Interest Rates: A No-Win Situation
06:00 – Are We in a Financial Death Spiral?

#MoGawdat #JohnRubino #FinancialCrisis #Debt #Inflation #WealthGap #Economy #SloMoPodcast #Money

[Robert-syji]

Too often it is said that things cost too much. The correct mindset to have is that my dollars are worth less.

[isatousarr]

Inflation isn't just an economic phenomenon; it's often the byproduct of deliberate fiscal and monetary policy. Governments, in response to economic downturns or rising debt, may resort to expansive fiscal measures—deficit spending, stimulus programs, and unchecked money supply growth—all of which contribute to inflationary pressures. While central banks claim to target price stability, their policies frequently prioritize short-term economic boosts over long-term financial discipline.

The hidden truth? Inflation acts as a silent tax, eroding real wages and savings while reducing the burden of government debt. Policymakers know this. Instead of confronting structural inefficiencies or implementing sustainable growth strategies, they rely on inflation to dilute liabilities. The question isn’t whether inflation is accidental; it’s whether leaders are willing to admit its true role in economic management.

[PlanetMattyMatt]

Very nice interview. "We're an unhealthy society" - that sums it up perfectly. Now, we're having a financial crisis, we're on the brink of AGI/ASI, Sam Altmann already said that society has to reconfigure itself. How do you think will this all end up? Will we be able to make it in time? Love your work and content, Mo, appreciate it!

[gotredeemed]

My generation didn't screw over anyone. Bankers, politicians and Wall St did this.

[rdcasa]

I will try to think about positive about print money! For romans was good! We need solutions.

[MattAHTatTat]

Not one mention of the Fed Reserve? Hmmm....

[alanhoeffler]

FIAT CARS WERE NOT VERY GOOD. FIAT MONEY IS EVEN WORSE.

[kenmare]

Interesting commentary on the inevitable outcome of unbridled fiscal stimulus combined with lack of monetary policy discipline. US still has some way to go before it in the same situation as Argentina. Also is adopting a novel beggar thy neigbour trade war approach to solving the problem along with becoming the crypto capital of the world, just in case the value of the US dollar should still collapse, as some are predicting. Crypto is the new gold?

[TheGalacticIndian]

Older generation lived on borrowed time—piling up debt while enjoying the good life—only for the bill to land on the younger generation’s desk. Now, we're told to tighten our belts and 'work harder' to pay for their excesses👆

The economy isn’t broken; it’s working exactly as designed—to enable generational fraud.

[fuufy]

A disappointing analysis from a neoclassical economist. Neoclassical economics is an ideology, not a science, and its prescriptions are the cause of the problem. Government debt is just an accounting convention, hung-over from the gold standard. Bonds and money are both government debts, but bonds pay interest as a form of corporate welfare for the banks and billionaires that own them. The "debt crisis" we are facing is the explosion of private interest bearing credit creation - usury - since the "liberation" of finance from the 1970's onwards. Its easy for sellers to jack up the price when they are also selling you the credit to pay for it. That is how usury drives inflation, which subjugates us all to the billionaires who own our debt. In ancient times the slate was wiped with a jubilee, but debt is now "private property" and thus sacrosanct. So, we actually need *more* government money creation to buy back the bonds and the private debt, and liberate the people from the billionaires. The only other way out is mass debt repudiation and system failure. Government cuts and "savings" only leads to the latter, as Trump, Germany and the UK are now demonstrating, again. I say "again", because the great depression showed us this before - but neoclassical economics is incapable of learning.

[peterbedford]

There debt levels have consequences. We are seeing them now. Both fiscally and socially.

[tarawhite]

I have no sympathy for what's happening

[SarahKimball-vf]

No we held the God of the Bible that r founding fathers rev we have received the benifits 62 Bible removed from school 63 prayer 80 ten commandments now what is truth or Enoch. Or the ?

[sammavitae]

I disagree with the idea that the US dollar or any currency is not backed by anything real. It is backed by the sovereign wealth of the nation. That includes not only the natural resources but all the wealth you see about you. From Yankee stadium to the Apple ring headquarters, patents, all the future income of the nation. You say that’s private property yes it is but the power of the nation is in the law of eminent domain. In times of war or when a power line is constructed the land and improvements are expropriated for the common good. That is why the lender of last resort is the government and the wealth of the nation. And that is as real as the value of gold and was what enabled quantitative easing.