Thanks @mf-tzo for your thoughtful comment.
I agree we need a new economic model, but I believe higher interest rates are inevitable, not because we will continue in the cyclical central bank driven old model, but because the free market will demand it. Interest rates represent the cost of money, or debt, which I believe will always exist, even under the best system.
Ideally, the free market will determine the cost of money (interest rates), based on supply, demand, and risk. If central banks took their hands off today, interest rates would spike because there would no longer be new money creation. The supply of money would fall, and risk would no longer be absorbed by monetary policy expectations.
In my next post, I'll write about four economic shifts that I believe will send interest rates higher. I do agree with you that an economic reset is inevitable, but I believe the outcome of that will be higher interest rates.
I hope the end of capitalism is not near. While I agree wholeheartedly we need a decentralised form of capitalism, and that the blockchain will deliver that, in my mind, capitalism is the natural outworking of a free market. If there is not capitalism, then I'm afriad we'll be living in a very centralised world, one where civil liberties are few.
Thoughts? Perhaps I'm missing something. I'm here to learn.
I also hope that capitalism doesn't end. I do hope though that the new form will be a decentralized and much more transparent form of capitalism. Blockchain technology can deliver this. I think it is a matter of time before this happens and I think it will inevitably happen sooner or later once people all over the world say ENOUGH IS ENOUGH and demand from corporations more transparency.