Peter Schiff: Why Fiat Money Causes Economic Crises

What happens when your money loses value? How Overprinting, Overspending, and 0% interest rates Monetary Policy will cause a devastating 50% month-to-month hyperinflation? Money needs to represent a store of value, on the contrary printing Fiat money and spending debt-based Federal Reserve notes does not create savings and therefore wealth does not exist









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