Fiat currency is paper money backed by nothing but faith. Today every world currency is backed by nothing but pure faith, unlike prior to 1971

All banks must keep a reserve of currency on hand for withdrawals.  The Federal Reserve sets that reserve limit. If a bank reserve limit is

“By far the most secret and least accountable operation of the federal government is not, as one might expect the CIA, DIA, or some other

The modern world had been on and off the gold standard, which was the backing of currency with gold. Just after World War I, Germany

Currency is not the same as money. Currency is cash and it is mere paper issued by the governments, based on pure faith in its