March 29, 2024

AndronETalksNews

AndronETalksNews

The Failure Of Fiat Currencies & The Implications For Gold & Silver

Zero Hedge

By Tyler Durden – April 15, 2022

Authored by Alasdair Macleod via GoldMoney.com,

This is the background text of my Keynote Speech given yesterday to European Gold Forum yesterday, 13 April.

To explain why fiat currencies are failing I started by defining money. I then described the relationship between fiat money and its purchasing power, the role of bank credit, and the interests of central banks.

Read more…