Bankers have legalized and institutionalized a criminal monopoly on counterfeiting money.
This is the last in a series written on the workings of our fraudulent banking system. You can find part one here called, "You Can't Bank on the Bankers." You can find part two here called "The Single Largest Crime In World History . . . Bankers steal the sovereign right of nations to create money."
MONEY . . . it's arguably one of the most important resources in our lives and yet most of us have no idea what it really is or more importantly what it's supposed to be. Money is supposed to be a medium of value that allows for a free exchange of goods and services. Money can be anything people commonly recognize as valuable and desirable. Commodities like gold and silver have been used because they have always been recognized as being valuable, relatively rare, durable, easily divisible and readily accepted in exchange for goods and services. The basic idea of money is that it has tangible value that everyone will accept as payment for other items of value.
Money is straightforward when it's commodity-based. A great example is money made from precious metals. You can see with your own eyes that it's something of value. The problems start when governments introduce money substitutes into the economy. A government can declare that anything is money. This kind of money is called "fiat money" because it is simply declared to be money by fiat or decree.