How to resist fiat currency without becoming a Douche
So I recently became aware of the fact that what we call “money” is actually not money at all. It is just paper. If someone can just print it at will, how can it be valuable? If your answer to this is, “Because the government says so”, then my answer to you is “Fuck the government”. From now on I intend to refer to this paper as what it actually is, “paper” or “currency”. There was a time when these pieces of paper were backed by gold, but in 1971 Richard Nixon removed the dollar from the gold standard, which means people could no longer convert their dollars directly to gold.
This whole concept was, initially, a bit of a mind fuck to me. A friend suggested I read a book called “The Silver Bomb”, which did a great job of explaining the global financial system in layman’s terms. The other book he recommended was “Guide to Investing in Gold and Silver”. See, the problem with both of these books is that, after explaining what a clusterfuck this system is, the only suggestion they have is that you buy as much gold and silver as possible.
What if I don’t want to become a hoarder? What if I know that the things I own will end up owning me? I guess dealing with gold and silver is preferable to dealing with fiat paper currency, but the concept of money is still kinda silly to me. Surely there must be alternatives other than simply hoarding as much gold and silver as possible? I don’t want to buy a safe. I don’t want to bury gold in PVC pipes. But I can’t just keep on accepting this paper that the federal reserve is printing at will.
There's no easy answer to this conundrum, but I suppose the bottom line is that I want to live in a world of sharing, not of privilege. The same people who preach about buying gold and silver are often the same people who advocate owning property, one of the primary evils of wetiko culture. I don't want to be one of them.