Uh, wrong.
It is a medium of exchange. It solves the problem of coincidence of wants in economics.
It's no more a representation than an electron being infinitely small - a concept so ridiculous it could only be said to be a representation. Yet, here we are. Communicating over vast distances via calculators that all run on the flutter of an infinitely small representation.
Quit being a white idiot and use the genetics our gods gifted you.
The jew no more invented a medium of exchange in the form of fiat than the pacific indian invented sea shells as a medium of exchange than the island people invented a medium of exchange as giant rock Rai.
The jew is no more than a trickster, a migician, a pickpocket. Their tricks only work so long as we allow them to work.
Quit calling the trick false, it works and works incredibly well.
Because, our people are unbelievably stupid.
He's talking about something like a 1930's Germany labor based fiat currency vs. the federal reserve system. Both remain mediums of exchange, yet both are backed in completely different ways which cause completely different complications.
Oh I see. My apologies then. We are saying the same thing.
Thanks for the clarification.
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