Credit based money who’s supply can be manipulated is
*drum roll*
Fiat
America will NEVER give up their power to debase their own currency
It won’t happen
Credit based money who’s supply can be manipulated is
*drum roll*
Fiat
America will NEVER give up their power to debase their own currency
It won’t happen
This is incorrect. Fiat is paper money without backing. Gold backed paper money wasn’t fiat per definition for example.
America will be forced to give up this monopoly. It’s already happening. Check the charts