Money, Banking and the Current Mess
Money originates by free markets via barter and gold and silver, not by governments via fiat. A story of Halloween candy demonstrates this. The double coincidence of wants is solved by money. Money that will last will be six things: generally marketable, divisible, high value per unit weight (portable), durable, recognizable, and homogeneous. Gold and silver have always met these six criteria.
Money is the single commodity that if you had more of you would not be better off. Paper money has not been backed by any gold since August 1971 when Nixon closed the gold window. Government since then…
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