Ever since 1971 1933 when FDR stole the citizens gold those who have been the issuers and first-users of fiat currency have done very well indeed out of it.
They have been able to purchase your labor with pieces of printed paper which devalue every year.
I can still buy beer with it.
So......there.
...I can still buy beer with it... by AppyPappy
We all use 'fiat money', even Agere. Sure, we get lots of talk about some kind of goofy gold standard just like we keep hearing about needing tin foil hats for the black helicopters, but back on Planet Earth the subject goes way down on our list of priorities...