The Problem with Fiat Currencies

Problems with FIAT Currencies! Inflation, Economy... SUBSCRIBE to ALUX: 15 BEST MONEY ADVICE | ALUX Edition: Have a look at our premium courses: LEARNING MASTERY: Get a free audiobook thanks to Audible: Thanks to our friends at Audible! Disclaimer: signing up for Audible will result in financial compensation towards Alux. SHOP NOW: Last Sunday’s podcast episode: In this video we will be answering the following questions: Why is it called a fiat currency? Is Bitcoin a fiat currency? How many fiat currencies are there? What is U.S. dollar backed by? Is gold fiat money? Is USD still backed by gold? Is the euro a fiat currency? Are any c