RE: Another day

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Another day

in steem •  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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fiat is debt

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.