Exploring Relationship: Currency In Circulation, Treasury Gold Holdings

Serfs Up ! Irony is Andrew Jackson on a Central Bank Note

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Exploring Relationship: Currency In Circulation, Treasury Gold Holdings
Their argument is that the wealth of a nation at any moment is a fixed value, and that by merely printing more fiat currency (paper money declared by government to be legal tender with no asset backing required), the currency is worth less and less and …
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How Fiat Money Relates To The Government's Cash Flow Statement
A government bond is, ultimately, a promise from a government to pay you units of currency. Whether those units of currency come from taxes or a printing press or more debt (through rolling over) is irrelevant. What matters is whether the government …
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How government lies about the economy
On March 16, 1973, Congress set the American dollar completely afloat with nothing to back it up but the declaration of the government that it was “legal tender,” or fiat currency. The world market immediately reflected serious erosion in the value of …
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