Throughout this article I will be referring to what we call “money” in today’s society as currency as this is exactly what it is, not money. The money that we use for exchange for goods and services in today’s society is just a worthless piece of paper (or plastic if you want to include GBP plastic £5 and £10 notes).
Our paper currency we use today is commonly entitled as fiat currency. The word ‘fiat’ is latin for ‘’let it be done’’. Most of you that are reading this will think I’ve lost my mind in saying this, and may find my previous statement absurd. However, I will thoroughly explain the reasoning for my statement throughout this article. Be sure to absorb all information in this article until you have understood it because if enough people can understand this system that we are living in, it can surely change our worlds monetary system.