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Documentary - How is Money Created
So... Documentary 2012, How is money created?
We could understand the actual situation, that we are living now, a Crisis in 2020. New money only is created with debt! Now a days we are living a injection of new Money in the society, on the name of COVID-19. Companies small, big, you name it, are obligated to take credits to ensure jobs and the confidence on the Money FIAT. Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.
The word "fiat" comes from the Latin and is often translated as the decree "it shall be" or "let it be done."
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