...if you're not the one whose finger is on the "Print" button.... https://www.shelby.senate.gov/public/index.cfm/articles?ID=9FBBEC9A-D9A7-4124-8CF6-888EEBDDFEAD https://www.bloomberg.com/news/arti...sn-t-think-trump-will-reappoint-yellen-to-fed
do you even understand what fiat currency is? is there a country on earth that doesn't operate a fiat currency ?
No, an actual history lesson on the switch from the gold standard not some conspiracy theory wingnut bullshit. Grow up.
I know the history. Maybe you should go learn it instead of getting your information from goofy conspiracy sites on the internet. Be an adult, read a book. It won't hurt you, I promise.
Let me guess. Rand Paul supporter read the cliff notes to Ayn Rand's book on the interwebs Only took the mandatory semester of economics class and squeaked a B in it.
Whoosh!! Richard Shelby was against Janet Yellen for printing too much money before he was against Janet Yellen for stopping to print money. Does the point now seem clear to you? Apologies in advance if any of you weren't replying to me but to someone I've blocked.
don't just make a claim, elaborate, such as when did it start? fyi, the American colonies had a de-facto form of fiat currency, known as bill of credit.
the refusal of states to exchange specie for currency really only became widespread in the late 20th century (you can find isolated cases of it like in times of war, but nothing ubiquitous like today) currency itself has been around far longer I predict we will soon look back at this short period where a few (usually unelected) people could create money out of thin air as a strange and foolish time
from where did you cut an paste this verbiage, cos it's just a bunch of words that, when taken as a whole, say nothing a prediction by someone who doesn't understand what fiat currency is
