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Dann E. Kroeger



Articles by Dann E. Kroeger

Fiat Money is the Greatest Danger Our Economy Faces

May 1, 2024

In nature everything has a cycle. Birth, growth, maturation, death. Everything, including the planets and stars. Nothing stays the same. So why does our government believe they can master economic cycles and not experience ups and downs the way nature does? Throughout history, economies haven’t worked that way.For years, to enhance trade, countries tied their currencies to commodities that were scarce, valuable and had steady prices. Often, gold, silver, sometimes copper.Shortly after Alexander Hamilton created our monetary system and established our national bank, The Coinage Act of 1792 established the US Mint with rules for coinage of gold and silver. The dollar was defined in terms of a specific weight of gold or silver, providing a link between the currency

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