Unlike gold and silver, fiat currency did not arise from the market. It is declared money by the state—fiat meaning “let it be done.” Initially, paper notes were redeemable for gold or silver. But ...

According to Kiyosaki, the origin of these growing problems dates back to 1971, when President Richard Nixon took the US ... is “not by saving fake fiat money.” “As I stated over 25 years ...

Wall Street pundits and investors are schizophrenic about the dollar. The dollar weakened after Moody’s cut the US credit ...

If it’s a mere ‘relic,’ to use Keynes’s word for the gold standard, why are major governments hanging on to their gold?

As of the end of 2024, USD has remained as the number one reserve currency in central banks around the world at 45.55%, with gold firmly in second place at 21.20%, the euro in third place at 15.63%, ...

Rep. Bankson co-sponsored HB 999 By Teresa Sargeant Reporter Gov. Ron DeSantis signed House Bill (HB) 999 into law, a landmark legislation recognizing gold and silver — both physical and digital — as ...

Richard Nixon took measures for short-term political gain that harmed the economy for the rest of the 1970s. | Opinion ...