Whatever comes out of the current monetary mess, and regardless of the twists and turns it may take, there is good reason to hold on to physical gold… by Thorsten Polleit via MisesWhat is fiat money and what does it do?This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an economically and socially destructive scheme—with far-reaching and seriously harmful consequences. There is an answer, though, and this lies in ending the money production monopol...
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