Our 58-year transfer to fiat money was clearly not authorized by the Constitution. |
It also illustrates the broader collapse of trust that is threatening the world of global banking and fiat money. |
Bitcoin-boosters like to point out that, unlike fiat money, new Bitcoins cannot be created at whim. |
A monetary regime of uncontrolled fiat money and Credit requires strict central bank regulation of lending and speculative excess. |
In a world of fiat money and a growing mountain of marketable securities, credit is virtually money, and certainly money is little more than credit. |
Then, add fiat money and foreign exchange controls to the mix and it's no wonder investors and the press get so mixed up. |