Awake-in-3D: Peril of Fiat Currencies, a History Repeated

Peril of Fiat Currencies | A History Repeated On September 26, 2023By Awake-In-3D Fiat currencies come and go throughout history, with each failure stemming from the overzealous printing of money, debasement, and loss of trust. While governments may initially resort to fiat currency as an expedient solution, they often find themselves in a cycle of inflation and economic turmoil. Hard money, such as gold and silver, remains a store of value when fiat currencies falter. As the world’s reserve currency, the US dollar’s stability has even assisted countries in times of hyperinflation. Nevertheless, like all fiat currencies, it too may…