Fiat Currency


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The US Dollar is the Standard currency for the world for purchasing gold, oil and precious metals
Covered in this video:
  • The Federal Reserve in the USA prints money and the people’s ability to pay backs the debt.
  • The USA needs to borrow money just to pay for the interest on its debt which is growing every day.
  • The Bank of Canada prints the money and the people back the debt that is much smaller than USA.
  • Principles on how to weather a financial crisis.

 

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