Thursday 6 September 2012

Fiat money and its effects

This is not so much a full blog post but an addition to my last post regarding the creation and origin of our money supply.  This is a great video narrated by Dominic Frisby from Money Week that explains the negative effects on society caused by the normal & expected operation of fiat currencies (just like our own).

I do not take credit for any of this work but promote you to investigate further and look up Dominic Frisby himself, fiat money and other youtube videos by the uploader of this one, Frizzers.

Enjoy.






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