The Decline of Developed Nations' Fiat Money
• https://www.dlacalle.com, Daniel LacalleGovernments assume they can print as much currency as they like and it will be accepted by force.
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Governments assume they can print as much currency as they like and it will be accepted by force.
In this video, we uncover the hidden tax that's been quietly robbing you since August 15, 1971 - the day President Nixon closed the gold window, transforming the U.S. dollar from a gold-backed currency to a fiat system.
There has been a relentless rise in gold prices over the last three years. From a bottom of around $1640 in October 2022 to $4000/oz today, Gold has delivered a 35% CAGR over the last three years.
Why AI will render fiat currencies OBSOLETE
This paper was written to give the reader a snap shot of money, real and imagined.
Why does the dollar bill in our pocket have value? The value of money is established, according to some, because the government in power says so.
I don't get it. The Constitution clearly established a monetary system based on gold coins and silver coins. That was the American monetary system for more than 125 years.
In this interview, Dr. Ron Paul, former Congressman, presidential candidate, and founder of the Ron Paul Institute, joins Jeremy Szafron, Anchor at Kitco News to break down what he sees as the collapse of America's fiat system, the Federal Reserve
A dozen states are simultaneously pushing through legislation to undermine the Federal Reserves unconstitutional monopoly on money.
We live in a world where every essential human need - money, food, health, education, and even information - is controlled and manipulated by artificial systems.
Tune in for the second week of the 45-Day Exit and Build Challenge!
Before the game began, money was simple and trustworthy. Gold and silver possessed universally accepted value across time and culture. The U.S. Constitution formally reaffirmed their role as money. Coins made from these metals weren't just token
August 15, 1971. It marked one of the most significant events in US history, yet most people know nothing about it…
Fiat, Funny Money, Banana Republic Bills, and the Great Unraveling
Fiat currency and the Federal Reserve have long been subjects of debate and criticism for their perceived failures in achieving key economic objectives.