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The Truth About the Federal Reserve, Fiat Currencies, and America's History with World Bankers
The Truth About the Federal Reserve, Fiat Currencies, and America's History with World Bankers
Oct. 16, 2011
The AMERICAN DREAM is a 30 minute animated film that shows you how you've been scammed by the most basic elements of our government system.
Learn the truth about world bankers, America's history with these bankers, and how we are being systematically milked, fleeced, and eventually destroyed by these con artists masquerading as our friends. This is the highest levels of fraud and deception to enslave generations of people under their control. This cartoon gives a fun, energetic, and informative way of learning true history. There are a few graphic areas and some foul language in a couple areas. Get past those areas and you have a powerful video to teach your teenagers and other family members on the truth of money and currency.
Fiat money is any money declared by a government to be legal tender which is neither legally convertible to any other thing, nor fixed in value in terms of any objective standard.
The term derives from the Latin fiat, meaning "let it be done". Where fiat money is used as currency, the term fiat currency is used. Today, most national currencies are fiat currencies, including the US dollar, the euro, and all other reserve currencies.
To boil it down, fiat currencies such as the US dollar only have value because the government says it does. It is not backed by anything tangible what so ever. Nothing. No Gold, Silver, Land, Oil: nothing. Our gold standard history has long been replaced by fiat money. This allows the government to create as much fiat money as they want. The only limiting factor comes into play when people lose confidence and believe that their fiat dollars are worthless and stop accepting them.
The scary part of this fiat money is that to keep the value of a dollar up we depend on a number of foreign interests to continue accepting dollars in large amounts, such as the Chinese, Japanese and many oil producing nations. If any of these nations simply slow down the rate at which they are willing to accept our dollars the value of the dollar would drop significantly.
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