DO YOU KNOW WHAT FIAT MONEY IS REALLY?
It's the PAPER MONEY that your GOVERNMENT is ISSUING continuously!
With the MALICIOUS INTENT, to DEPRIVE you of your hard-earned MONEY!
FIAT MONEY is MEANS OF PAYMENT, that a GOVERNMENT declares a LEGAL TENDER, but that is NOT BACKED by a PHYSICAL COMMODITY such as GOLD!
If MARKETS are CONSTANTLY FLOODED with FIAT MONEY arise inevitably
FINANCIAL BUBBLES that will SOONER or LATER POP!
WHAM! HURRAY! WE HAVE THE NEXT GLOBAL FINANCIAL CRISIS!
«THE PROBLEM WITH FIAT MONEY IS THAT IT REWARDS THE MINORITY THAT CAN HANDLE MONEY,
BUT FOOLS THE GENERATION THAT HAS WORKED AND SAVED MONEY!«
ADAM SMITH (1723 - 1790) - author of «THE WEALTH OF NATIONS» - published in 1776!
In the same YEAR as the DECLARATION of INDEPENDENCE of the UNITED STATES of AMERICA!
And published 13 YEARS before the FRENCH REVOLUTION (1789)!
142 YEARS AGO, EVEN ADAM SMITH WASN'T ABLE TO IMAGINE HOW TODAY'S GOVERNMENTS ARE FOOLING
ITS WORKING CITIZENS BY ISSUING OODLES OF FIAT MONEY!