There’s a fiat money pyramid, and you’re likely at the bottom. New Federal Reserve dollars reach you in the form of a higher salary about when prices are already higher, so you can’t buy any more than you used to. A four-minute video about fiat money explains this and other key points about our current monetary system, most importantly that banks and governments benefit at the expense of most everyone else.
- Gas would cost a dime, in silver, says Ron Paul (video)
- Event – DC Roundtable: The Gold Standard – March 15, 2012