Fiat Money - What?

Going the Way of France (1790) - Cyd Malone - Mises Institute

Fiat money - what is it? It's money the government prints "backed by the full force and credit of the United States." Our fiat money is better than other countries, in spite of everything, which is amazing, but none-the-less, fiat money is a bad thing.

Follow the link to read why.

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