Deutsche Bank Strategist Believes Fiat Money Will Soon End Its Reign
I just read an inspiring article over at Ethereum World News penned by Danial Dob.
Mr Dob opens with this quote I have taken directly from his article.
In a recently written paper, Jim Reid discusses what he refers to as ‘the start of the end of fiat money’. According to Reid, the dominance of the world’s current fiat-based currency system that is no longer based on gold is both unstable, and prone to deal with aspects such as high inflation. It has only managed to come this far due to the dis-inflationary shock that it suffered back in 1980, yet which is now reversing and bound to affect all of the world’s traditional currencies.
I invite you to read the rest of the article here.
http://ethereumworldnews.com/deutsche-bank-strategist-believes-fiat-money-will-soon-end-reign/
It is brief and it is an insight into what I see as the Fiat Currency Armor guarded by centennials of evil like Jamie Dimon and Ajay Banga failing to defend the banksters dark realm. A definitive Blow!
This statement from Jim Ried of Deutche Bank is the first globally recognizable failure in the banksters suit of oppressive armor that can be seen by the revilers of Cryptocurrentcy as a win in the battle of decentralization.
Just my two STEEMS Worth.
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