Wouldn’t it be great if America had a fiat-money system?


New Economic Perspectives has the article Wouldn’t it be great if America had a fiat-money system?

Think of how many of our seemingly intractable local and national problems could be solved if only America had its own sovereign fiat-money system! Unfortunately, most Americans can’t even think about that question because they’ve never heard a proper explanation of what “fiat-money” actually is. Here, then, is quick solution to that problem:

Just click the above link to see the solution. Warning, you must have a modicum of imagination to understand this.

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