The fiat system
“Inflation isn't weather. It's policy.”
"Fiat" is Latin for "let it be done" — money that is money because a government says so. Since 1971, when the US ended the dollar's convertibility to gold, every major currency floats on decree alone. New money is created when central banks buy assets and when commercial banks issue loans; nobody digs it up or earns it into existence.
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Education only — not financial, investment, legal, or tax advice. Never share your seed phrase with anyone.