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RE: Today Is the 45th Anniversary of The Most Destructive Event In Modern Monetary History
The amount of people I know who still think that currency is backed by either gold or silver is staggering, they look at me like I am crazy when I tell them how we are using FIAT based currency not backed by anything other than a promise.
Exactly!
I just published a very comprehensive article on this exact topic going into the history of money/currency and what the major differences are and how they came to be!
Would love any feedback!
https://steemit.com/money/@quinneaker/the-truth-about-money-what-you-need-to-know-to-free-your-self-from-perpetual-debt
Exactly.