Fiat Money
Posted on November 19, 2012 at 15:06 PM EST
Despite every effort by governments, the gap between rich and poor continues to grow. It is now the biggest it has ever been in history. All sorts of reasons for this have been proffered, but few, however, seem to realise that it is a simple, inevitable consequence of our system of money and credit. This video, a shorter version of which appears in the film The Four Horsemen (co-written by Dominic Frisby), explains… Fiat Money [...] Fiat Money appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .