Ohhh yes. "moving money around" to make money, without creating real wealth, can really only be done with fiat money.

I think its truedestructiveness is apparent when you look at all types of runaway debt- mortgages, student loans, credit cards- and the "soft taxation" of inflation. Since we have decoupled from gold all these problems have skyrocketed.

As i tell my students, money is magic, it only works because we all believe in it.


KGB Darkfall