The David Lin Report · Friday, August 14, 2026
Jim Thorne claims that fiat money is being debased by 8-9% annually, a figure he arrives at by averaging the growth of M2 since the 1970s. He notes that M2 and government debt continue to grow parabolically.
“You told uh media this week earlier this week that uh, your fiat money is being debased by 8 to 9% a year.”
“Oh, it's just going back from to the 1970s when Nixon closed the gold window and taking a simple average of how much M two is grown.”
“So we're and it's still growing. I mean, the M two chart is parabolic.”