Why Government and Bankers Love Fiat Money.

in #money5 years ago


This is a recorded live stream conducted from London on Friday, December 7th, 2018.

In this report, I look at why government or Statists and bankers love fiat money and I do it by looking at a couple of great essays about the relationship between gold and freedom by former U.S. congressman from Nebraska Howard Buffett and the former chairman of the Federal Reserve Board Alan Greenspan.

By looking at the gold standard and its advantages as a monetary I find that it is an easy way to explain its opposite which is fiat money and why the politicians and bankers also hate the discipline of a gold standard.

I will also be taking questions from the viewers.

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Awesome upload @maneco64 :D wish my schedule was better to have been there for the stream. I'm always learning some awesome enlightening things from you, which are confirming my suspicions about how we live in a controlled and unfree market run orchestrated by governments and banks. No wonder I'm hearing rumors that some banks are trying to buy up crypto too.

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