Up until 1971, real money was known as gold and silver bullion and coins. With the help of Richard Nixon’s abolishment of the gold standard (Breton –Woods agreement, 1971), today our money is known as fiat currency, which has been adopted by every country in the world. Gold as money has existed for over 5000 […]
Author Archives | Chris Ferreira
Fiat Currencies; The Demise of Our Economic System
Posted on 08 November 2011.
Posted in US Dollar Collapse875 Comments
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