Fiat Currency

The History of the Decaying United States Federal Reserve Note

Currency today of the United States is the Federal Reserve Note or often referred to as United States Banknotes. The Federal Reserve Act of 1913 issued these “Notes” as legal tender with the words this note is legal tender for all debts, public and private. These notes are issued to Federal Reserve Banks at the […]

Gold and Silver Is Real Money by the US Constitution

Gold and silver were indeed considered money under the US Constitution, and the Constitution granted Congress the authority to coin money, regulate its value, and specify the standards for coinage. Thomas Jefferson, one of the Founding Fathers of the United States and the third President of the United States had strong opinions about central banking […]

The Evolution of Fiat Money in the United States

The Fed was formed in 1913 The Federal Reserve System, often referred to as the Fed, was indeed established in 1913. It is the central banking system of the United States and plays a crucial role in the country’s monetary and financial stability. The Fed was created in response to a series of financial panics […]

Silver Looks Poised to Go Higher for Many Reasons

Wealth preservation refers to strategies and actions taken to protect and maintain the value of one’s assets over time. It involves managing risks and minimizing potential losses to safeguard wealth and ensure its long-term sustainability. These strategies can include diversification, risk management, asset allocation, regular monitoring and review, and tax-efficient strategies. Wall Street will not […]

Physical Gold Has All of the Characteristics of Money

Look at a paper dollar bill in your pocket. This note no longer says One Dollar in silver payable to the bearer on demand. Our currency no longer says Twenty dollars in gold payable to the bearer on demand. Our currency is a Federal Reserve Note, it says it right on there in big capital […]

The BRICS are a Real Threat to the US Dollar as World Reserve Currency

The term petrodollar refers to the concept of the United States dollar (USD) serving as the dominant currency for international oil transactions. It originated in the early 1970s when a series of agreements were reached between the United States and Saudi Arabia. Secretary of State Henry Kissinger played a crucial role in these negotiations. The […]

The Fed is Printing Fake Money to Support a Fake System

The term fiat money refers to a currency that has value solely because a government or central authority has declared it to be legal tender. Fiat money is not backed by a physical commodity like gold or silver but rather by trust and confidence in the issuing authority. Fiat money is indeed created by central […]

The Banking Sector is Risky and More Regulation is Coming

A bank failure occurs when a financial institution becomes unable to meet its obligations to depositors and creditors, leading to its closure and liquidation. It signifies that the bank’s assets are insufficient to cover its liabilities, resulting in a loss of confidence and stability in the institution. Bank failures can happen because of insolvency, poor […]

The Advantages and Disadvantages of a Gold Standard

The gold standard is a monetary system in which a country’s currency is directly linked to a fixed quantity of gold. Under the gold standard, the value of a currency is determined by the amount of gold that can be exchanged for it. For example, if a country’s currency is linked to gold at a […]

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