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Fiat Money | Definition, History & Examples

What is fiat money? Definition and examples

22K views · 175 reactions | History repeats itself — from Rome’s silver denarius to today’s fiat currency, governments have always found ways to debase money.  Back then, they melted coins and added copper. Today, it’s just a few keystrokes on a keyboard. ⌨️ Watch now to see how currency debasement hasn’t changed — only the tools have  https://hubs.la/Q03Q11lF0 #Gold #Silver #Inflation #CurrencyDebasement #SoundMoney | GoldSilver | Facebook

💷 When Real Money Stopped Being Money 1966 Part 5 of 7 – “The Hidden History of Australia” In 1966, Australia abandoned the pound and moved to decimal currency — the final break from real, substance-backed money. Gold and silver were replaced with paper and promises, and value was no longer measured in weight, but in trust. From that moment, every dollar created carried a matching debt. The wealth of a nation shifted from its people and resources to a system of credit controlled by the few. Tha