Home News History of Fiat Currency | Gold is Money (Ep. 2)

History of Fiat Currency | Gold is Money (Ep. 2)

November 19, 2020

Since the 1970s, the U.S. dollar has been a fully fiat currency, with no gold backing. Fiat in latin means “so be it”. Fiat currency is currency by official …

ALL CONTENT ON 'FINANCIALSURVIVALNETWORK.COM' IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'FINANCIALSURVIVALNETWORK.COM' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, PRECIOUS METALS, OR FUTURES. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY. THANK YOU.