ss_blog_claim=a290fbfb2dabf576491bbfbeda3c15bc

Monday, July 13, 2015

Fiat money

The beauty of the fiat currency is that it is backed by nothing.
It comes from nothing and it could easily go into nothing.
And most probably it will.
If money represents an economy but has no value in itself, easily THE VERY SAME ECONOMY could be represented by A NEW CURRENCY and nothing would change.
WELL SOMETHING would change, for people who have THAT MONEY.
They would probably lose most of it.
But MODERN economies are mostly backed by debts (and not SAVINGS) so, when the currency implodes, so does the debt.
Creditors have the nothing they created and debtors have the assets they bought.

16 comments:

maydavid said...

this type of post is so good .please visit my website for best coupons.
coupon code

harisalee@64gmail.com said...

Best post!
Logo Design

Couponrax said...

Great deals. Coupons

Digitaiz - One Stop Digital Solution said...

For one stop digital solution, contact Digitaiz.

Emil Thomos said...

To be quite honest, I was very suspicious of using an online logo designing website as they are not very reliable, but you guys did a really good job. My previous logo design was kind of bland and it was getting really old and outdated. You guys did a fantastic job with my new logo design. It works perfectly for my company and is really vibrant and attractive. I have been getting many customers lately who want to know the story behind my logo and it’s a pleasure to see that they are on boat with me about the logo being perfect for the company. Thanks guys!
affordable logo design

pickthecoupon said...

Want to find coupons. Find best coupons on our website. Visit
promo Code

couponrax0987 said...

CouponRax is the best source to find coupon codes, promo codes, deals & discount offers and to help people save money on their online purchases. promo codes

Daneen Shopping Style said...

Enjoyed reading the article above, really explains everything in detail, the article is very interesting and effective.
Thank you and good luck in the upcoming articles.BetaBrand Coupon Code

Haris said...

Buy a logo with 6O% Off,
Perfect, best service I expect You'll satisfied with us.
Custom Logo

Harry said...

HEY!
Visit our site for many beautiful logo designs with 5O% off I expect You will be happy with us.Logo Designers

Harry said...

We are selling professional logo designs buying logos with us 6O% off.

Harry said...

We are selling professional Logo designs buy logo with us 75% off
logo order online

mir said...

this is such a great blog I ever say thanks for sharing it with us...
we surely can help you if you have an interest in web designing or logo designing then visit us?
Logo Designers

HAARIZ VoIP said...

Hello,

Very urgent requirement for routes.

Bangladesh
Pakistan
Afghanistan
Egypt
Nepal

WhatsApp : +919747434994
Email : voiphaariz@gmail.com

Thanks & Regards
Haariz

Jesus Mckinney said...



Hi everyone, I am Jesus Mckinney from Texas and I just want to say a very resounding thank you to Financial loan services from Benjamin Lee for their sincerity, Openness, Transparency, Truthfulness, Love and support during and after getting loan funds from them. I have been through a lot and time won’t permit me to say all that I went through online in the guest or getting a loan funds to get a home here in USA but God answered my prayers through the support and love from Benjamin Lee who embraced me and understood me despite my initial doubt and unseriousness and with his good heart and love I am now a home owner through his 2% interest rate loan funds and I have vow to spread this news and also tell the world that there are still genuine and few good online loan firms out there that can assist and also revive a dry bone.

Don’t fail to listen and read this testimony because this is a true life changing experience and anyone that needs this kind of turn around should not hesitate or doubt this because I have proven and I swear to God in Heaven that this story is real and also the story of my experience with them .


Contact them today.

WhatsApp Text : (+1 989-394-3740)

Email: 247officedept@gmail.com

Tariq said...

Thank you for sharing it with us.
I am really happy to see this blog.
It is helpful for me.

Law Essay Writing Service UK

 
ss_blog_claim=a290fbfb2dabf576491bbfbeda3c15bc