Sunday
All the power of fiat currencies devolve from Gold. If Gold’s stability of value had never been transformed, via coinage and bars, into a known weight and fineness – i.e., money – then we would still be trading by barter and living in primitive farming communities alongside rivers.
Fiat is a deceit based on an ignorance of what money really is. Fiat money, and those governments, businesses and people that trust it, are doomed.