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The speaker highlights the flaws in fiat currency systems, using the U.S. hundred dollar bill as an example. Over time, its purchasing power diminishes; for instance, last year it could buy about 30 gallons of gasoline, but now it can buy only 16 or 17. While the bill can still be spent on various goods, the speaker warns of an emerging system that could be even worse—one without cash and where every transaction is fully tracked. This impending system raises concerns about personal freedom in financial transactions.