In this episode of the Financial Survival Network, host Kerry Lutz is joined by Daryl Schoon, author of Time of the Vulture, to discuss why the 2008 financial crisis was merely a prelude to a much larger monetary reset. Almost two decades after accurately predicting the 2008 crash, Daryl breaks down how the Federal Reserve's post-crisis quantitative easing served as an artificial extension for a failing system. Together, they explore the core flaw in modern financial plumbing—why issued credit remains static while accrued debt compounds exponentially until the system inevitably buckles under its own weight.
Daryl takes a macro look at the 300-year history of debt-based money, tracing its origins back to 17th-century England to explain why this multi-century fiat experiment is reaching its mathematical conclusion. The conversation dives into the sovereign debt trap, explaining why central banks require perpetual indebtedness to survive and how massive defaults have historically been required to wipe the slate clean. As paper currencies face their absolute limits, Daryl and Kerry detail why investors must prepare for an inevitable transition back toward hard assets, precious metals, and decentralized monetary alternatives.
Find Darryl here: https://drschoon.com
Find Kerry here: https://khlfsn.substack.com and here: https://inflation.cafe
All Kerry's books are available here: Amazon Bookstore