Fiat money as a medium of exchange is composed of some intrinsically valueless substance which the issuer does not promise to redeem either in a commodity or in a fiduciary money.
Tag: fiat money
Related Topics
Federal Reserve System: Cartel Structure
The Federal Reserve SystemThe Federal Reserve System is a cartel that controls the United States money supply and redistributes wealth with the blessings of...
“War”: The Constitutional Meaning
"War": The Constitutional MeaningConstitutionally speaking, "War" is a specific set of legal relations between two or more independent nations. Therefore no "War" can be...
“Judicial Supremacy” Through “Judicial Review”
"Judicial Supremacy": Nowhere to be found in the Constitution or Pre-constitutional HistoryPre-constitutional history provides no support for the sweeping contemporary claim that “the federal...
“Living” Constitution
As a constitutional rule of construction that cannot be repeated to often, “If *** we are at liberty to give old words new meanings ***...
“The War on Terror”
"The War on Terror" Rogue officials stir up the "fear" of "terrorism". With "terrorism" as their excuse they arrogate new "war powers" to themselves....