Article Image
IPFS News Link • Central Banks/Banking

Banksters Celebrate Fiat's 50th! . . . By Introducing CBDC Nightmare

• https://www.corbettreport.com, Corbett

What, you didn't know that the fiat dollar is 50 years old this month? At least, according to the bankster class and their media lapdogs, it is. Observe:

On 15 August, the United States marked the 50th anniversary of the birth of fiat currency, or a currency that depends on faith in the Federal Reserve and not in the gold standard. Like most 50th anniversaries, this one shows the celebrant worse for wear.

That little gem comes from an article entitled (get this), "The US Fed Can Actually Boost Equality With a Digital Currency."

Right off the bat, if the idea that the fiat dollar is indeed only 50 years old sets off your BS meter, then congratulations! Your BS meter is working. The actual story of the fiat dollar is a much longer and more complex one. The short version goes like this: the fiat dollar was not born in 1971.


https://www.wealthbattle.com