Money - A very short History

Why do we even have paper money anyway? Well back in the day when people used Gold to pay each other for goods and services Gold became too cumbersome to carry around in sufficient quantities.

The answer was to smelt the gold to create coins but because of war the gold was watered down with bronze or copper each time (to fund the armies) a new batch was created to the point where all the Gold in Gold coins was gone and it was just bronze or copper. War destroyed the monetary system and that was during the Aztecs.

Over time the system was changed to coins then paper.

The problem here though is the coins and paper could be taken to a bank and exchanged for the Gold equivalent which meant the banks could only print a finite amount of paper in line with the amount of Gold they possessed so could not doctor the system.

Then we had the British move to leave the Gold Standard which was apparently done to aid the war effort and the same happened in the US in the late 60s for the same reason but it was said that this was only a temporary move until the wars were over.

That was over 90+ years ago (Britain) and 60 years ago (America) respectively and still our fiat currencies are not backed by anything meaning the Banks can print as much or as little paper as they want and just dump it into the economy but not before giving half of that printed money to their Banker buddies in what is known as Fractional Reserve Banking.

This essentially means the more they print of a currency the less valuable it becomes until it's totally worthless and they are printing it by the millions every single day.

You see Keynesians believe that the answer to a failing economy is to inject more paper into the system to offset which accounts for the massive inflation over the last 40 years. They just keep on printing then setting up siphons to take the lions share offshore so the population will always struggle to the point where people now work day to day to simply survive. This aids the mainstream media narrative because most people are too busy surviving to see the real reason as to why they are only just surviving regardless of how much they work.

What was once a monetary system backed by a valued commodity is now a valueless paper system backed by fabricated confidence driven by false narrative using mainstream media.

This is the ONLY REASON this fiat has gone beyond the life expectancy of 27 years. Because its just paper!!

The beauty of this particular ponzi like all of them they have made the internals look overly complex to discourage investigation when the reality is it's giving you paper you work for and then gets real world assets in return.

When it all collapses as it did in Germany that's all you will have under your bed and in your hands. Toilet paper or fuel for a fire

The Great Perception Deception.