Max Keiser: "The Fiat US Dollar is backed. It's backed by Global War and Violence!" 💵🔫🪖💣💀

Max Keiser explains how the US Dollar is backed by Military force rather than hard assets.
That Military force is routinely unleashed upon developing nations that chose to stop using the US Dollar as a reserve currency (Iraq and Libya being prime examples). When this occurs, the US also steals their Gold and Oil reserves.

Central Bankers need War to keep the Fiat game going. All Wars rely upon money borrowed from the Central Bank for these Military ventures the host nation cannot afford. The Federal Reserve is more than happy to print the money needed, loan it to the government at interest, and make money off increasing interest rates required to pay back loans on money created from thin air.

The US Dollar is mathematically guaranteed to lose value over time. Keeping your money in fiat over any duration is a losing venture. To promote spending, the Federal Reserve will announce upcoming Quantitative Easing (Inflation) to encourage people to spend, rather than save, before their dollars become further devalued. This creates a system focused on consumerism and instant gratification, as opposed to saving and delayed gratification.

Bitcoin fixes this, and this is why they hate it.

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