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“Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.” . . . “We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.”

  • Daniel Webster
>“Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.” . . . “We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.” - Daniel Webster

(post is archived)

[–] 2 pts

People read 'self help' stuff, and skip the most important thing, i.e. understanding what that thing is that they will spend the entirety of their adult life chasing..

[–] 1 pt

The strength in fiat USD is that it's backed by US military might.

Technically the paper money is backed by your SSN. We are fucking slaves!

[–] 1 pt

It's backed by the credit of the American people.