I haven’t blogged for a long time. Now, as the new year begins, I have something for you that I think we should all be thinking about. How our world is and how it could be.
Here now is part 1 of a three part series on the FIAT crisis and what it has done to our society.
Check out the graphs on this page:
To solve the mystery of what happened in 1971. On August 15, 1971, U.S. President Richard Nixon ended the dollar’s peg to gold and with it the last bit of the gold standard.
Money henceforth became something governments could print at will.
I must honestly confess, the clarity of these images is shocking. That FIAT represents something malignant is, of course, well known. To see the corrosive and fraudulent power of the FIAT monetary system with this clarity in some graphs is nevertheless always shocking.
At first glance, it is of course not obvious why such a seemingly purely technical process should affect all areas of society. One must realize that the handling of money says a lot about people and thus also about societies. Money and how a human society deals with it reveals a lot about the understanding of values, intrinsic value and sustainability. It shows what value we attach to work and thus to our time here on earth. Money is therefore a yardstick for morals, a sense of responsibility and much more.
So let’s assume that the way we handle money is something by which a nation’s sense of responsibility and morality can be measured, then everything has been done with this step to erase both and more.
I will shed light on why this is so in the second part of this series of articles. In the third part, the consequences of this and ways out of the FIAT crisis.