FIAT CURRENCIES EXPLAINED: ITS NOT GOOD
2 years ago
64
I talk about the US Dollar and the Pound being fiat currencies and how they can be manipulated by the US Federal reserve. I mention Richard Nixon and when he took the US dollar off the Gold Standard in 1971 and the massive impact that has had 50 years on. Inflation is also a topic I speak about and how if the inflation train takes off there will be no stopping it and it could be potentially the end of nearly all fiat currencies and potenitally a switch to some form of digital currency down the line.
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