The too many fallacies of the fiat currency system.


The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. ~ John Kenneth Galbraith


The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency. ~ Murray Rothbard

The evils of a purely fiat-based monetary system.

Monetary expansion is a massive scheme of hidden redistribution. ~ Murray Rothbard

“What Russia really wants is respect. And my God, giving someone respect is low cost, even no cost. It is easy to give him the respect he really demands — and probably also deserves.” Admiral Kay-Achim Schönbach — German Navy — Fired for speaking out for peace

Nervi belli pecunia infinita— Endless money forms the sinews of war ~ Marcus Tullio Cicero

They own the world and YOU as well
The web of “INDEPENDENT” media owned by the parasites (only US)
revolving doors=corruption

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. ~ Ludwig von Mises

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. ~ John Kenneth Galbraith



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