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To: delta7

All of this would be moot if we abolished fiat currency.

But since governments rule via fiat currency that won’t happen.


5 posted on 11/15/2025 3:52:04 PM PST by ChildOfThe60s (If you can remember the 60s, you weren't really there)
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To: ChildOfThe60s

All money is fiat money. Gold, silver, and copper represent money, but money is not a physical thing. Precious metals are probably the best money tokens we have. We’ve been using them for 1000s of years. They work because they can’t be faked.

But all money nowadays is represented by paper promisary notes or base metal tokens. Not as good for the average person because it’s too easy for governments to make more. (The ancient Romans also had inflation and debased their money. So, precious metals are not a guarantee.)

The problem is our governments are spending more money than they are receiving. So, the money is inflated, and is the (not so) hidden tax on the people.

Governments at all levels must reduce regulation, favoritism, and spending.


20 posted on 11/15/2025 6:20:33 PM PST by captain_dave
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