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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 ...
Mike Maharrey delivers a compelling explanation of what money really is—and why sound money, such as gold and silver, remains ...
Finance Strategists on MSN9d
What Is Fiat Money?
Learn about fiat money. Find out its definition, purpose, characteristics, and how it is created, including its potential ...
As I stated over 25 years ago, in Rich Dad Poor Dad, the rich don’t work for money and savers are losers,” Kiyosaki wrote.
The author of the bestselling book, ‘Rich Dad Poor Dad’, Robert Kiyosaki, has warned against saving fiat money, calling it ...
Kiyosaki urged his audience to take care and protect themselves by investing in tangible assets such as gold, silver, and ...
Wall Street pundits and investors are schizophrenic about the dollar. The dollar weakened after Moody’s cut the US credit ...