The Cost of Money: Coinage, Fiat Power, and the Quiet Corruption of Value

The Cost of Money: Coinage, Fiat Power, and the Quiet Corruption of Value

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost worthless.

The Cost Of Money: Coinage, Fiat Power, & The Quiet Corruption Of Value » Sons of Liberty Media

The US dollar is about to go into freefall if the Federal Reserve goes down the route that it is claiming.  Printing will be off the charts, and interest rates will increase.  This will inevitably cause the dollar to lose even more value than it already has, and it’s already on its last leg, but …

The Cost Of Money: Coinage, Fiat Power, & The Quiet Corruption Of Value

The US dollar is about to go into freefall if the Federal Reserve goes down the route that it is claiming.  Printing will be off the charts, and interest rates will increase.  This will inevitably cause the dollar to lose even more value than it already has, and it’s already on its last leg, but this is where the corruption of fiat money and those who promote it is most evident. Justin M. Ptak at The Mises Institute makes some great points about…