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A Brief History of Fiat
Manage episode 422159449 series 3578401
المحتوى المقدم من Elite Wealth Strategies. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Elite Wealth Strategies أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
In the premiere episode of The Elite Wealth Podcast, hosts Tyler Brewer and Garrison Rolley dive deep into the origins and evolution of money. They explore the fascinating history of fiat currency, tracing its roots from the gold standard to the modern-day paper money system. Discover how the US government confiscated citizens' gold reserves, manipulated prices, and ultimately severed the dollar's tie to precious metals.
Tyler and Garrison breakdown what fiat currency truly is – money backed by nothing but faith in the issuing government. They examine the inherent flaws of fiat systems, such as inflation eroding purchasing power and the potential for reckless money printing. With inflation rates soaring since 2020, this insightful episode equips you with the knowledge to understand why smart investors are turning to alternative assets like cryptocurrency to safeguard their wealth.
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