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npub1f06…lpez
2023-06-11 08:45:19

mastersats ⚡ on Nostr: Fiat money is a type of currency that has no intrinsic value and is only backed by ...

Fiat money is a type of currency that has no intrinsic value and is only backed by government decree. It is prone to inflation and currency crises, which can erode your purchasing power and savings. #fiatmoney #currency #crisis
Did you know that fiat money is not backed by any commodity, such as gold or silver? It is only valuable because the government says so. But what happens when the government loses credibility or prints too much money? #fiatmoney #currency #crisis
Fiat money is a lie. It is created out of thin air by banks and governments, who can manipulate its supply and value at will. It has no real worth and can lose its value overnight. #fiatmoney #currency #crisis
The fiat money system is unsustainable. It relies on endless debt creation and money printing, which leads to inflation and currency devaluation. It also creates financial and economic instability, which can trigger currency crises. #fiatmoney #currency #crisis
Fiat money is a curse. It is a tool for governments and banks to control and exploit the people. It robs us of our wealth and freedom. It is the root cause of many social and environmental problems. #fiatmoney #currency #crisis
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