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RE: The truth about money

in #money8 years ago

they do teach about the Federal Reserve in school, but according to my teacher, it's owned and regulated by the government, which is far from the truth. in this debt-based monetary system, growth is sustained through debt in which there's no such thing as being debt-free. most americans talk about paying off our $20 trillion debt, but is that really going to happen? the only thing getting worse is inflation, and soon our fiat money will be worthless

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It's already worthless. We basically use oil (an outdated resource used for outdated technology) to back it. AKA inflated shit-currency riding on old tech about to pop.