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Any Fiat Currency is Not Worth the Paper it is Printed on, no Matter What the Elite Will You. 

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The elite have created an economic system based on a fiat currency, which is why there are always economic issues in the United States of America.

The Austrian School of Economics says no economy can function very long on a paper currency because it holds no real value.

Tender is usually based on the value of the thing you are using to trade for the goods or services that you are receiving.

Gold and silver have their own value which is why it has been used as currency for so long and why all paper currencies are supposed to be based on the value of such metals.

The American currency was established under what was known as the gold standard, which meant one dollar represented one dollar’s worth of gold held by the government.

The money people possessed was supposed to represent the exact value of the gold and as such granted holders the opportunity to cash in the money for gold at any time.

The gold standard was shredded a long time ago and now money is only as valuable as the worthless paper it is printed on.

The only reason the paper you pay for groceries with has any value is the Federal Reserve tells you that it does.

In fact, the term for the currency comes from the Latin word fiat which means “let it be done” as the elite decide to let the currency have value.

The reason why there has been so much inflation in the nation is the fact the currency everyone uses has no foundation in actual worth.

Everyone’s perception of worth is what the elite are counting on in order to continue to have a currency that will be used for goods and services.

The truth is the elite control the Federal Reserve Bank and as such are able to print as much money as they want.

They continue to print more money in order to keep lending it out at inflated interest rates that make them more money.

If people were to realize just how useless the currency is, it would incite riots.

The best way to protect yourself from falling victim to the downfall of the fiat currency is to hold on to as much gold as you can get your hands on.

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History of the Currency

Both Thomas Jefferson and Andrew Jackson were staunchly against the use of fiat currency as a legal tender.

Jackson even passed a measure called Specie Circular in 1836, which forced the federal government to pay in silver or gold for all land transactions.

While the efforts of Andrew Jackson were not able to stop the nation from utilizing a worthless tender for everyday trades, they were able to keep the gold standard alive for quite a while.

It was not until the 20th century that the production of paper currency outpaced the gold it represented.

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Future of the Economy

The fiat currency that rules the economy of the United States and so many other parts of the world is bound to fail, as predicted by the Austrian School of Economics.

Just as they have been able to prove that the Federal Reserve Bank is a legally fraudulent banking system, they will prove to be right about the currency.

The only way in which the country can be saved at this point is to allow people to cash in their paper currency for the actual amount of gold that it is worth.

While this will be far less than what people will be expecting, the economy will naturally equalize over time.

However, if that were to happen, the power would go out of the hands of the banking mafia.

That power is not something they are willing to relinquish.

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