Fiat Money is just institutionalized scams

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Fiat Money is just institutionalized scams.

by tonytran2015 (Melbourne, Australia).

Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic.

(Blog No.20x).

Fiat money is just “Coupons for paying taxes and receive goverment’s goods and service”. Calling it money is just an attempt by issuers to confuse it with real moneys (like gold or food). Fiat money should not be viewed as any kind of exchangeable natural valuables but as only coupons (with various half-lives) issued by each nation to its citizens to pay to that nation its taxes, services, and state supplied goods.

Once a nation (the taxing authority) ceases to exist, so do its coupons and its fiat money!

Former USSR, Eastern European Communist Countries were with a system of fiat money not unlike current USA is.

With enough reckless printing, “easy to print coupons” may become not appreciated…

View original post 305 more words


    • vikinglifeblog · May 1, 2019

      It seems as if people likes to be children or teenager all their lifes. They are more into feelings than facts, they refuse to take responsibility and action, they are making great countries into shitholes.

      Liked by 1 person

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