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In 1944, the Bretton Woods system anchored the U.S. dollar to gold, bringing stability to the global monetary order. But in 1971, the suspension of gold convertibility—the Nixon Shock—unmoored currency from its anchor, and capital began to drift freely. In the 1980s, waves of financial deregulation swept through the U.S. and the U.K., turning unregulated markets into a stage for self-replicating money. The IT revolution accelerated this process, severing finance completely from labor and production. The 2008 global financial crisis sounded a warning, but capital only grew faster and more abstract. Stocks, currencies, derivatives, and digital assets—everything became part of the gamble, and everyone became a gambler. A world saturated with value-less value emerged. What Marx once called the “phantom of capital” has now become our reality. The end begins, quietly.