Fiat Currency Quotes

“The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam.

Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral.

But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.”
― Chris Martenson

“Fiat currency isn’t money—it’s a weapon. Every duck farmer knows this, and you can only pretend The Fake is The Real for so long before mass starvation takes place.”
― Jarod Kintz, Music is fluid, and my saxophone overflows when my ducks slosh in the sounds I make in elevators.

“Bags of potato chips have so much air they could be used as cushions for suicidal skyscraper jumpers. That's called inflation, because you spend more money and get less product. But here on my duck farm, we know the value of a dollar—and that's why we don't accept them.”
― Jarod Kintz, Music is fluid, and my saxophone overflows when my ducks slosh in the sounds I make in elevators.

“Eddie Money and Johnny Cash should have collaborated. I’d have paid good last name to see them in concert.”
― Jarod Kintz, There are Two Typos of People in This World: Those Who Can Edit and Those Who Can't

“You think Bitcoin is costly, it is not! Your fiat currency is definitely overpriced and oversold.”
― Olawale Daniel

“Cryptocurrency should never and will never replace government issued fiat currently. The value of Cryptocurrency is limited to very specific use-cases and small social ecosystems with specific common objectives. That’s not a bad thing. It’s good when things are applied strictly to their proper use cases.”
― Hendrith Vanlon Smith Jr

“A penny saved is a penny wasted. Thanks, fiat currency and inflation!”
― Jarod Kintz, There are Two Typos of People in This World: Those Who Can Edit and Those Who Can't

“The dollar is continually worth less until it's finally worthless. That's how it was designed. It's not money. It's a financial weapon.”
― Jarod Kintz, Eggs, they’re not just for breakfast

“Government fiat currency is far superior to cryptocurrency.”
― Hendrith Vanlon Smith Jr.

“Even when money seemed to be material treasure, heavy in pockets and ships' holds and bank vaults, it always was information. Coins and notes, shekels and cowries were all just short-lived technologies for tokenizing information about who owns what.”
― James Gleick, The Information: A History, a Theory, a Flood

“John Law’s 'Money and Trade Considered' is the most influential but least acknowledged work in the history of economics.”
― Gavin John Adams, John Law: The Lauriston Lecture and Collected Writings

“My sponsor is an ex-Navy guy. Buys me lunch on Christmas. I tell him, as long as I am drinking and I have money, things seem to be going well. Now, you just replace “am drinking” with “have oil” there you have the U.S. economy. When I don’t drink for a while… I get a little depressed and anti-Semitic. I tell him, as soon as the United States stops fucking up foreign democracies and stealing their oil, I’ll stop drinking. Unfortunately, looks like neither miracle is going to happen…”
― Dmitry Dyatlov

“Wage changes occur at infrequent intervals and condition the behaviour of the parties concerned for the ensuing economic period (sometimes months, usually years).”
― William F. Mitchell, Macroeconomics

“If you are thinking the price of Bitcoin is going up, you must also realize that the purchasing power of Bitcoin is increasing, hence you are guaranteed of freedom. You must decide not to allow the fiat currency to be your mental intermediary when thinking about the world.”
― Olawale Daniel

“I have good news and bad news. The good news is we will all soon be billionaires. The bad news is that by the time that day comes, the dollar will be so devalued that your billions may not purchase your weekly groceries.”
― Jarod Kintz, A Memoir of Memories and Memes