Of course, when the gold standard was broken, what gave meaning to money was broken, what gave it value, its backing. When the gold standard was broken, it was the beginning of fiduciary madness, which meant that money was backed by nothing.

This is all done intentionally, too. The system used to protect against that until FDR and his fellow progressive/lefty/collectivist/Marxist/socialist/communist/murderers came to power and ripped the population off in 1933.

Rothbardian_fanatic

econ

Price Inflation Moves Up Slightly, and Wages Still Aren't Keeping Up

The fiduciary system is built on a lie, it is not backed by anything, it has no backing of any kind, which causes the money or the little money that is earned to gradually devalue through the invisible tax called inflation, inflation is what denigrates or steals the little value that your money has, your effort and what will lead you to think that they are external factors when it is the same financial system that destroys your money 🫰, your purchasing power.