Solomon1   10 #1 Posted January 2, 2015 Hi Everyone  Been bandying about this term 'FIAT monetary system' and have started discussions on it over the years.  Amazing how few people still really understand what it means!  This little video gives a succinct overview...   If anyone has seen other videos on FIAT, please feel free to post here...  The more angles the better!  Love As Always Sol Share this post Link to post Share on other sites Share this content via...
ricgem2002 Â Â 11 #2 Posted January 2, 2015 it seems its failed wherever it took off http://dailyreckoning.com/fiat-currency/ Share this post Link to post Share on other sites Share this content via...
Solomon1 Â Â 10 #3 Posted January 2, 2015 it seems its failed wherever it took off http://dailyreckoning.com/fiat-currency/ Â Nice one Share this post Link to post Share on other sites Share this content via...
El Cid   216 #4 Posted January 2, 2015 Hi Everyone  Been bandying about this term 'FIAT monetary system' and have started discussions on it over the years.  Amazing how few people still really understand what it means!  Sol  I have hardly ever heard it mentioned, do Governments ever print less or more money; is QI is a similar thing. Since our population is always growing, do they print more if more people come into the country? Share this post Link to post Share on other sites Share this content via...
Solomon1   10 #5 Posted January 2, 2015 I have hardly ever heard it mentioned  Nor will you El Cid - if enough people really understood how this fraudulent system works, we'd already be in revolution  do Governments ever print less or more money; is QI is a similar thing.  Always more - QE - 'Quantitative Easing' - to stimulate a failing economy  Since our population is always growing, do they print more if more people come into the country?  No Share this post Link to post Share on other sites Share this content via...
anywebsite   10 #6 Posted January 3, 2015 it seems its failed wherever it took off http://dailyreckoning.com/fiat-currency/  Everything fails eventually. It could be worse, we could still be using commodity money.  http://en.wikipedia.org/wiki/Commodity_money  So, what's your alternative Solomon1? Share this post Link to post Share on other sites Share this content via...
El Cid   216 #7 Posted January 3, 2015  So, what's your alternative Solomon1?  Governments borrowing money, has a similar, get now pay later effect. Not much of the electorate understand that either. The defecit or debt, have the Tories paid off any of this countries debt, I dont think so. Share this post Link to post Share on other sites Share this content via...
Hots on   10 #8 Posted January 3, 2015 I've rather get a Citroen or a Renault with my money. Share this post Link to post Share on other sites Share this content via...
Solomon1 Â Â 10 #9 Posted April 17, 2015 It ain't lookin good... Â Share this post Link to post Share on other sites Share this content via...
Longcol   600 #10 Posted April 17, 2015 Hi Everyone  Been bandying about this term 'FIAT monetary system' and have started discussions on it over the years.  I know - you started a more or less identical thread 3 years ago.  http://www.sheffieldforum.co.uk/showthread.php?t=956354  I don't think you understand what a FIAT currency is. Share this post Link to post Share on other sites Share this content via...
Solomon1   10 #11 Posted April 17, 2015 (edited) I don't think you understand what a FIAT currency is  Why do you think I do not understand the term FIAT, Longcol? Edited April 17, 2015 by Solomon1 Share this post Link to post Share on other sites Share this content via...
Longcol   600 #12 Posted April 17, 2015 Why do you think I do not understand the term FIAT, Longcol?  Explain in your own words what you think it means. Share this post Link to post Share on other sites Share this content via...
