If everybody were aware of intrinsic assets, then: the velocity of money circulation would rise rapidly because of its rejection; a run on property and tangibles would initiate; a dramatically rising inflation would start; the stock markets would crash; entire sectors within the banking system, financial services, and investment-related sectors would implode; so that a …
Tag Archives: global currency
With FIAT currencies to intrinsic assets
If everybody were aware of intrinsic assets, then: the velocity of money circulation would rise rapidly because of its rejection; a run on property and tangibles would initiate; a dramatically rising inflation would start; the stock markets would crash; entire sectors within the banking system, financial services, and investment-related sectors would implode; so that a monetary …
From monetary reform to global currency
Governments use inflation as an indirect tax to systematically devalue the currency and, by doing so, get rid of the national debt. Paying off the national debt is impossible. The growth of taxes and debts is due to the system. Money is exclusively created out of thin air and put into existence because banks give …