Food For Thought: CBDC is coming, what comes before fiat? – How the Bretton Woods system collapsed.

"Fiat money: it’s valuable just because the government says it is, but we all know they’re going to just print more and more of it until our savings turn to dust.

"It’s not like the good old days, when money was backed by solid gold, in a monetary system that everyone could believe in… right? Well, about that. Today, we investigate the system that came before fiat, to find out how it worked, how it changed the world, and just how much better it was – or worse – it really was."

"The dollar is our currency, but your problem."

More in the Coin Bureau video with Guy. (advertisement is from 7:19 mins to 7:46 mins)

Location: United States

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