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      ·  6 years ago 

    Fiat is not a store of value and is not money. A kilo of Bolivars, anyone?

    The Dollar is a loan note from the Federal Reserve. We only pretend it is money.

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        ·  6 years ago 

      fiat is debt

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          ·  6 years ago 

        It is all someone's obligation to someone and we bagholders with the paper are the patsies. Anything with another party in the chain will have a hand in the patsy's pocket.

        I like PMs because I know where they're buried.

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