The only thing that gives fiat currency "value" is the inte…

Twetch · September 18, 2019

The only thing that gives fiat currency "value" is the interest rate placed on borrowing, which is set on a whim by the Federal Reserve & enforced with consequence.
The entire monetary system is a scam backed by military force.
Fiat currency has 0 value.

Replies

Twetch · September 18, 2019

They started losing control in Tuesday morning's run on the banks when interest rates shot up to 10%.

Twetch · September 19, 2019

Are you refering to the 2008 financial crisis?