What’s up with the Fiat Standard and Fort Knox?

Posted by Raymond_Wood | Podcasts | Monday 1 June 2009 12:00 am

fiat

With the current economy taking it’s toll on everyone across the country, Raymond and Andrew take a step back and try to understand how we wound up here, how our money gains and loses value, and how long it will last.  Join them as they make their way through history, analyzing past monetary systems such as commodity money, representative money, and today’s Fiat money, and explore the pros and cons of each.

 
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