Money are a Ponzi Scheme - Deepstash
Fiat money

Fiat money is a government-issued currency that is not backed by a commodity such as gold. Most paper notes started as being backed by a reserve of valuable commod...

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Money are a  Ponzi Scheme

Money are a Ponzi Scheme

Coin Bureau

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A history of the US fiat currency

1933 - President Franklin D. Roosevelt had gold confiscated and people were forced to accept paper money for their gold. The gove...

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Fractional Reserve & Money Supply

Banks loan money they don't have. Most hold a limited reserve to serve the few who decide to make redraws. When the majority decides to liquidate their bank accounts we have what i...

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Money Supply & Inflation

We can measure the supply of money that exists in the market with main metrics:

  • M1 money supply includes liquid money aka cash. 
  • M2 (which inclu...

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jay powell, Chief of FEDERAL RESERVE

We print money digitally. As a central bank, we have the ability to create money. And we do that by buying bonds for other government guaranteed securities. And that actually incre...

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