Black Money Business Jobs : Communities print their own currency to keep cash flowing

If it is paper whether titled certificate; bill; note; script; or whatever used as a medium of exchange, its fiat.



In the Spirit of Sankofa,




.......Okay, the broader definition of fiat currency is understood, but the question concerned the contents of the link and whether or not, in your opinion, the outcome of that failed program could be a danger, as you indicate?



Peace In,
 
In the Spirit of Sankofa,

.......Okay, the broader definition of fiat currency is understood, but the question concerned the contents of the link and whether or not, in your opinion, the outcome of that failed program could be a danger, as you indicate?

Peace In,

The danger is in converting into the certificates with no recourse to convert back to reserves or the certificates are not accepted/honored as tender for goods and services.

In the meantime, the banker has the reserves.
 

Donate

Support destee.com, the oldest, most respectful, online black community in the world - PayPal or CashApp

Latest profile posts

HODEE wrote on Etophil's profile.
Welcome to Destee
@Etophil
Destee wrote on SleezyBigSlim's profile.
Hi @SleezyBigSlim ... Welcome Welcome Welcome ... :flowers: ... please make yourself at home ... :swings:
Back
Top