Fiduciary money is a medium of exchange composed usually of some intrinsically valueless substance, typically paper, which the issuer promises to redeem on demand in commodity money, such as gold or silver coin, or gold and silver bullion.
Related Topics
“Factions” or “Special Interest” Groups
"Factions" or "Special Interest" GroupsAmerica’s Founding Fathers denounced “factions” (what we refer to today as “special interests”) because these groups consist of “a number of citizens,...
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...
“Aggregate Powers”
“Aggregate Powers”: Powers Cobbled Together and Exercised by Rogue Government Officials That are Not Enumerated in the ConstitutionTypically, when aspiring usurpers and tyrants cannot rationalize...
“Gun Control”
"Gun Control"In the pre-constitutional period, had the term been current, “gun control” would have meant, not keeping firearms and ammunition away from as many...
“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....