Fiat Currency: Why It's Better Than a Gold Standard
Fiat Currency: What It Is and Why It's Better Than a Gold Standar
The value of money has to be has to be based on something of value. A fiat currency (or fiat money) is one example.
Jason Hall (TMFVelvetHammer) Dec 6, 2015 at 6:00AM
This article was updated on Jan. 4, 2017
"In God we trust. All others pay cash." --Anonymous
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Bits and Pieces in Dinarland Sunday Night 5-28-17
KTFA:
Don961: Zimbabwe Trade Deficit Narrows
Monday, May 29, 2017
Zimbabwe Trade Deficit Narrows
Zimbabwe’s trade deficit narrowed by $98 million (14.5%) to $576 million in the first three months of the year from the same period a year earlier, as exports jumped 15.7% to $724 million driven mainly by mineral exports and tobacco, Yahoo reported. The influx of foreign goods—notwithstanding the implementation of Statutory Instrument 64 of 2016 that restricts the import of more than 42 goods—however continued as imports were flat at $1.3 billion compared to last year. Though there is a noticeable increase in the import of capital goods, significant amounts are still being spent on miscellaneous items.
https://goo.gl/ZC93LF
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Dinar Updates Sunday Early Chat 5-28-17
Post From Dinar Updates
Chat Room News Excerpts & Highlights
jd says():Sisterbreen Tman says we may have to wait until 2018 if nothing occurs between now and the 1st.
sisterbreen6921285070683781 says():o no
sisterbreen6921285070683781 says():hope not
jd says():After 8 years at this another 6 months is no big deal??:boh
DHOLLA says():The launch of a process to edit another revival of Mosul and weightings by announcing free "Daesh" within
09:43 - 05/28/2017 According to the official newspaper "Sabah", Sunday, the launch of a military operation to free another revival of the city of Mosul, while the likely declaration of the city of Mosul-free organization "Daesh" criminal during the next 72 hours.
The newspaper said in a report published on its website and seen by / information /, said that "the process of editing the last revival of Mosul began at five in the morning from the northern axis, where the health district is located, and succeeded anti-terrorism apparatus to clean up 30 percent of it forces."
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Delta and KTFA Members Sunday PM 5-28-17
KTFA:
Re: Article : Central Bank Governor for "Tomorrow Press": Deposit Protection Act will see the light very soon
Derivations: Delta now we have to convince the citizens to bring the money into the banks, will they only bring it in when there is an increase in value?
DAK: They are trying hard to convince the people to trust banks again and stop hording cash aren't they!!!! Thanks Delta!!
DaleonMaui: Delta, Thanks for the news........Isn't parliament out until July 4...or there abouts? How could something "see the light of day soon" if they are not in to pass it???
Also we have learned over the years that they have a different meaning in the ME than we do in the west when using words like ....soon....in the coming days....in the near future....bokra....ect
DELTA: THIS LAW WAS PASS LONG TIME AGO. THEY JUST NEED TO IMPLEMENT ..THE TIMING IS VERY INTERESTING!!!
Blinkster: YES! Frank has told us numerous times the laws are already DONE!!!
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