Civilizations are all built on the back of circulating Gold.
When Gold is withdrawn, everything that arose on the back of this prerequisite for civilization (and civilized behaviour) gradually reverts to the brutality and superstition of the pre-Gold era. It may happen instantly, or it may take a hundred years or more, but it will fail. History offers no exceptions.
IQ falls, spirituality degrades and venerable institutions become, if not destroyed, the subject of mockery. Society breaks back down into its constituent tribal parts and lives become more violent and debauched. The gap between the wealthy and impoverished grows unnaturally wide and trust, respect and tolerance disintegrate.
As all these vectors simultaneously head off along their degenerate paths, their sole cause is lost in the chaotic kerfuffle. We look back on the fall of Rome and some historians say that it was the general sexual debauchery that brought it down. Others say that it was the collapse of faith, social cohesion or duty. It is true that all these situations pertained, but all of them, and more, were the result of the lack of money in circulation. When you lose that, then you lose all.
All those vectors are so pronounced and so noisy that they seem like a cause all on their own, but they are just symptoms of a lack of money. Neither is it ‘bad money’ that is the problem; it is the lack of money. You either have money – a known weight and fineness (purity) of Gold – or you do not. You would not say that a man who had his legs amputated (taken out of circulation) had ‘bad legs’. No, he has no legs.