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The History of Money in America - What is Money and How Money Became Worthless 2 года назад


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The History of Money in America - What is Money and How Money Became Worthless

This documentary covers The History of Money in America and How Money Became Worthless following the History of Gold as Money. The goal is to answer the question of: what is money by traversing fiat money history. Not only looking at the history of money in the united states but also how this stemmed the globe. We explain what fiat currency is and give fiat money meaning. You’ll learn the difference between fiat currency vs cryptocurrency and why fiat currency is bad in a fiat currency crypto comparison. This history of fiat money explains how fiat currency works by comparing the fiat money system vs gold standard and fiat money vs cryptocurrency, leaving fiat money explained. Looking at the history of money and bitcoin and cryptocurrencies of modern times is incredibly interesting. This is a brief history of money and banking in the United States and how the people always choose what money is. PART 2 on Bitcoin:    • Could Bitcoin REALLY Hit 1 Million?   // Links ▶ FREE RESOURCES: https://bit.ly/3r0CupQ ▶ COUPON CODES ON TOOLS: https://bit.ly/3r0CupQ ▶ WHAT I OFFER: https://bit.ly/3OyhbGo // Next ▶ MASTER VIDEO TO SELL ON AMAZON: https://bit.ly/3rKuBoP // Follow ▶ INSTAGRAM: https://bit.ly/3wYkOz9 or @officialdanrodgers ▶ FACEBOOK: https://bit.ly/35RItmY ▶ TWITTER: https://bit.ly/3LbFMPa or @Dan__Rodgers ▶ YOUTUBE: https://bit.ly/2Bp6amp Timestamps: 00:00 - Intro 00:38 - Definition of money 01:52 - Definition of value 02:19 - The first money 02:56 - Valuable money 03:40 - Real to fake money scale 04:43 - Is our money valuable? 06:01 - Why did we abandon gold? 09:24 - Why do all currencies follow USD? 10:31 - 97% of money is IOUs 11:21 - How is money created? 12:28 - Why is there so much debt? 13:47 - How do we fix this? DISCLAIMER: Content on the Dan Rodgers YouTube Channel and any extensions thereof is intended to be used for informational and entertainment purposes only. It is important to do your own research before making any investment, financial or business decisions. Dan Rodgers is not a financial advisor. You should always seek professional advice from certified professionals or independently verify any information you find on our channel, website or any of our other platforms before making decisions.

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