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Mike Shelby

The Death of Fiat

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David DeGerolamo

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David DeGerolamo

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8 responses to “The Death of Fiat”

  1. James Avatar
    James

    Indeed the death of the Federal Reserve Note. To be replaced with something else that will be called “the dollar”. My opinion is that Treasury is positioning to replace the Fed (and the Federal Reserve Note i.e. current “dollars”). Will it be pure Stablecoins? Don’t know, but it appears like a move to do a shell game swap for Federal Reserve Notes for some other currency but still call it a “dollar”.

  2. Texas Dan Avatar
    Texas Dan

    Call me curious but if no currency is tied to gold or silver anymore, and paper money still is used for almost all trade, what death is there actually? Gold “costs” more, but have any other goods and services inflated 100% in the last year?

    1. David DeGerolamo Avatar
      David DeGerolamo

      1. The banks have been suppressing the price of gold and silver for decades. What happened in the past 12 months that changed? Have prices doubled in the past ten years.
      2. The current administration wants the dollar devalued to reduce the nation’s debt and interest payments.
      3. Gold and silver will continue to increase to devalue the dollar.
      4. The banks will collapse.

      1. TakeAHardLook Avatar
        TakeAHardLook

        In the novel “One Second After,” William R. Forstchen’s characters began to use .22 cal ammo as currency.

        I see the same happening here at some point: gold, silver, brass, copper & lead–the new precious metals.

        1. David DeGerolamo Avatar
          David DeGerolamo

          While I agree with that book, it is not good operational security to discuss it here.

  3. TakeAHardLook Avatar
    TakeAHardLook

    Remember that “bank holiday” in Cyprus some years ago?

    That was a dry run, a test of the rebelliousness of, and demand for fairness by the populace.

    They earned an “F” on both counts.

  4. MrLiberty Avatar
    MrLiberty

    I smile a bit more every time I check the new spot prices.

  5. DWEEZIL THE WEASEL Avatar
    DWEEZIL THE WEASEL

    Whatever the Leviathan decides to do, they will find a way to sell it to all of the Sheeple, Normies, Cucks, Mall Zombies, and FEDGOV remoras. It could be something as simple as a dual currency, like China. The main effort by the Globo Homo Deep State and the Banksters will be ensuring the lemmings I have described above are still able to enjoy their bread and circuses. Life is a vale of tears. Bleib ubrig.