Earlier quoted context omitted.
I think there is a real danger in just arguing basically "things have always been a shit show, empires collapse, pandemics rage, etc. etc." for a couple reasons: 1. While true, lets not ignore the fact that things get really, really, really bad during those periods where empires do collapse, or environmental damage causes ecosystem collapse, etc. etc. I mean, yes, you could argue "Hey, the Black Death killed a 3rd of…
Furthermore, collapse doesn't happen everywhere the same, nor all at once. It's more like things break down slowly, and never get fixed rather than explosions on the street, until one day you are a third world country. And third world countries still have very nice neighborhoods, and very rich people. But everything around gets much worse.
Frankly, I have a “living experience” of a practically instantaneous collapse. January 1, 1992. Prices were “freed”, (hyper)inflation started, people life savings were burned to dust, monthly pensions - at once - begin to cover just about a week of food (and were not paid until 3 months later). Policemen’ salaries became meaningless and the police - in the whole country - started to look for additional ways to feed their families… It all happened pretty fast.
So “inflation” is a trigger word for me since. And you can imagine unease I am watching the US government printing shiploads of money with.