from The Morgan Report
David Morgan sits down with Maurice Jackson. It is critical to understand the difference between money and currency. Over time systems get corrupted and we wind up with a fiat based currency system. A Federal Reserve Note is not a dollar as defined by the Constitution and the Coinage Act of 1792. Real money has a value in and of itself. All fiat monetary systems always fail. The 1913 dollar is worth 3 cents. The Federal Reserve has had a history of failure. How much further do we have to fail?
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.