Fiat Currency History --- The Real Cause of Collapse For All Fiat Currencies

Click Here: https://www.facebook.com/groups/pfmpe2012/ Fiat Currency History --- The Real Cause of Collapse For All Fiat Currencies According To Wikipedia, Fiat money has been defined variously as: any money declared by a government to be legal tender state-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard money without intrinsic value The term derives from the Latin fiat ("let it be done", "it shall be") http://en.wikipedia.org/wiki/Fiat_money Ron Paul has famously repeated his opinion that every "fiat" currency in history has failed. What Dr. Paul conveniently ignores is the fact that, in every case where this is true, said "fiat" currencies were subject to interest. According to Mike Montagne, the founder of PEOPLE For Mathematically Perfected Economy™, "The destructive issue we know then, because the idea that a form of money can injure us *because it is paper* is itself laughable. Every fiat currency in history (so far) failed not because it was paper, but because the tokens of wealth were subject to interest." http://www.perfecteconomy.com/pg-mpe-102-fiat-currency.html Ask Questions at the PEOPLE For Mathematically Perfected Economy™ Facebook page: https://www.facebook.com/groups/pfmpe2012/ PEOPLE For Mathematically Perfected Economy™ is a trademark of Mike Montagne and PEOPLE For Mathematically Perfected Economy™, http://www.perfecteconomy.com fiat currency,fiat currencies,fiat definition,Ron Paul,Mike Montagne,PEOPLE For Mathematically Perfected Economy,perfecteconomy.com,what is fiat currency,fiat currency definition,fiat currency collapse,what is a fiat,what is a fiat currency,define fiat currency,fiat money is,fiat currency history,fiat defined,history of fiat currency,fiat finance,fiat paper money,fiat money is backed by,fiat money collapse,fiat united states,fiat currency explained,fiat currency vs gold standard,fiat money history,us fiat currency,non fiat currency,fiat currency failures http://www.youtube.com/watch?v=Oql8CTy6AcA https://www.youtube.com/watch?v=WT6FxFZOR2E

Comments

1. Although any further representation from the outset of our promissory obligations or the fiat paper itself has no intrinsic value, most people fail to even comprehend the only real intrinsic value is what that paper represents upon the exchange , promissory obligation inclusive , which is in short the value of  the labour & production we give up to each other , which is logically a debt where there are no loans or borrowing .
   
   However ever since the conception of banking, all banks, no exceptions, have falsified this debt to themselves by unjust intervention, pretending then to risk or give up value of their own in the exchange, either in banks purported creation of money, or any purported loan the bank may impose on one of us as a result .
   
   " Once one removes from their psyche the illusion of a loan associated with the word debt, one can then remove the illusion of a bank associated with the word money. Only then do the people restore their rightful ability to  promise to pay an unexploited obligation, with one’s own labour and production, for what  one  consumes  of  another’s  labour and production … where there are no loans, no borrowing, and only as a result, likewise is there no interest.."
   Quote : David Ardron
2. Hell yeah! let's get the party started! Let's turn this marble into a snowball and free humanity from the shackles of their own ignorance and purposed non education on the subject of money.
3. Way to go!!!