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A Brief History of Fiat
Manage episode 422159449 series 3578401
Elite Wealth Strategies에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Elite Wealth Strategies 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
In the premiere episode of The Elite Wealth Podcast, hosts Tyler Brewer and Garrison Rolley dive deep into the origins and evolution of money. They explore the fascinating history of fiat currency, tracing its roots from the gold standard to the modern-day paper money system. Discover how the US government confiscated citizens' gold reserves, manipulated prices, and ultimately severed the dollar's tie to precious metals.
Tyler and Garrison breakdown what fiat currency truly is – money backed by nothing but faith in the issuing government. They examine the inherent flaws of fiat systems, such as inflation eroding purchasing power and the potential for reckless money printing. With inflation rates soaring since 2020, this insightful episode equips you with the knowledge to understand why smart investors are turning to alternative assets like cryptocurrency to safeguard their wealth.
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