Doq Holliday
@doqholliday
15 June, 01:42
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15 June, 06:10
In response Doq Holliday to his Publication
NO FIAT CURRENCY--fiat is debt based, the system we need to eliminate.
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David Treciak
@scifiwriter
16 June, 05:51
In response Ashka 4517 to her Publication
Fiat money refers to an order by the government that gives currencies value and makes them legal tender. By definition, fiat currency has nothing to do with debt. It's the way the dollar was exploited by the Federal Reserve (ie, central banks) that made it debt based. Historically, our fiat currency was backed by gold, which gave it intrinsic value and unaffected by debt. But as we all know, Nixon took the dollar off of the gold standard
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Thank you for that explanation. Obviously, I didn't realize that but am glad to know.
07:14 PM - Jun 16, 2022
In response David Treciak to his Publication
Only people mentioned by Ashka4517 in this post can reply
Ask Yourself
@AskYourself_45
17 June, 03:13
In response Ashka 4517 to her Publication
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17 June, 09:12
In response Ask Yourself to her Publication
Yes!!!
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