iShares Silver Trust (SLV)

[AlwaysRed]

Our currency is not fiat.

Fiat is a currency that is simply printed by the Govt and distributed. An instance of fiat would be the Continental that our country destroyed. Or the Zimbabwe currency. Simply printed and helicopter dropped.

The federal reserve note is not fiat. It is debt. It is all borrowed into existence. It is not simply created by the wave of a wand. It is borrowed.

The Govt. Borrows the currency into existence from the federal reserve (A private bank):

Then after the currency is borrowed into existence by our Govt, the banks take the currency and through fractional reserve banking, lend more currency into existence.

Whenever you get a car loan, mortgage, school loan. personal loan, you are CREATING currency. It is borrowed into existence. ALL MONEY IS DEBT! It is not fiat. The banks don't have the money you are borrowing, your signature CREATES the currency. Every loan CREATES currency.

The only way that the currency will collapse, is if everybody defaults on their debts at once. All Govt debt, private debt including car loans, student loans mortgage loans, business loans. All of those loans are backing our currency.

How are all loans going to collapse at once? All money is debt. If there was no debt, there would be no money, and vice versa. If there were no national debt there would be no money because our national debt is our money supply. It is all borrowed into existence.

So this so called economic collapse that all the metal salesmen are calling for is a little more complicated than they make it seem. But they are GREAT at selling 2 things...... Fear and metal.


https://www.jakesmp.com/assets/images/us_currency/f1900l-l64784572a-cu-obv.jpg

Here is the definition of a note:

https://www.investopedia.com/terms/n/note.asp

https://www.smartcapitalmind.com/what-is-a-bank-note.htm

All currency is debt.

The problem is that only the principal is borrowed into existence. We have to pay interest on the money we borrow from the Rothschilds. Where does the interest money come from if only the principal was borrowed into existence?