BRICS gold-backed currency and the many issues that it needs to overcome. The main concern is, who do you trust to hold the gold?
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But barter was used heavily by the elite to maintain control, too. Did you not support your local knight? Uh oh, your grain burned. Now you have nothing to barter. Don't like the new duke? Your hunting dogs all ate mideval antifreeze. Now you have nothing to barter.
Each and every monetary system can and has been manipulated via numbers games or force, even barter. The only way - only way - any money system has any chance is to make it 100% open and auditable AND have a populace that cares.
That second part is what always destroys any good intentions - be it faith, money, or republics.
It's not just barter, but barter is a fundamental part of a Free Market. The markets you are taking about were not free at all.
This is almost a restatement of my argument, except replace "money system" with "economic system."
What I'm saying is that barter doesnt give us a free market any more or less than fiat or single commodity does. All it does is add complexity to the marketplace that is exploitable.
Barter is a weaker option because it can target specific people or groups to destroy, where a single commodity or fiat model has the manipulations spread across the entire market place.
A "fiat or single commodity" are the same thing. If all trade must use some commodity as intermediary, that is what "fiat" means. Whether it has intrinsic value or not has nothing to do with "fiat". See my post that elaborates this above.
No one is stopping people from using an intermediary in a Free Market. You can use any intermediary you want. You can trade WHATEVER you want, at any time, in any trade deal.
A Free Market does not exist with restrictions. That is the definition of a free market. A demanded currency is a HUGE restriction to trade, and thus to a free market. Who enforces that trades pass through a fiat currency? Who makes the fiat (demand from an Authority) in the first place? Who regulates that fiat currency? A fiat currency can only exist with a regulatory body. There is no free market if trade is controlled by a regulatory body.
There must also be legal incentives to use a fiat currency, to enforce the fiat (command from Authority) that demanded it's use as intermediary, otherwise people will just use whatever the fuck they want (free market). This is always done (as far as I have found) by taxation. You must pay taxes (specifically income or property taxes) to the King in the fiat currency, and everyone has to pay these taxes, thus everyone uses the fiat currency. But taxation on what is already yours is thievery. A thus taxed people are an enslaved people. A fiat currency is used exclusively to enslave people and to enslave trade.
How? I'm wracking my brain and I can't even contrive a situation where this becomes a true statement, much less be some ubiquitous vulnerability.
Any centralized authority (which is what a fiat currency is) is always the first thing that is created before the takeover of anything. Indeed, my investigation suggests that gold and silver as currency itself was exactly such a centralization of authority. Centralized Authority is Cabal Plan 101. First you convince the public that they need a Centralized Authority, then you create it, then you put your agents in it, then you control the control structure itself. You can't control a decentralized entity. It's too robust. That is the entire purpose behind every Centralized Authority in existence, and every single one was either created by, or subverted by, the Cabal.
A free market is the ultimate decentralization of authority. It is FREE to do whatever both the market, and the individuals making a trade want to do. That includes what trades are going to happen, how they are going to take place, if some intermediary is going to be used in some trade deal, and what that intermediary is.. The defining characteristic of a Free Market is that it, and the people, are FREE TO CHOOSE THEIR OWN PATH. If a free market and a free people are not free to choose their own path, then they are not free at all.
It isn't that barter "gives us a free market." That's putting the cart before the horse. It's that a Free Market only exists with barter.
In other words, you are splitting hairs on a topic to be technically correct? As it stands, you will never ever have your definition of a free market completely unencumbered by restrictions. A "fiat" currency is currency that is used from authority. A commodity-based currency is based on a commodity as a portion of that commodity. You can have both (fiat dollars based on gold) or you can have simply gold coins, which is not fiat even if you have a king's face on the coin as you can melt down the gold and use it for barter or in items you want to build (like electronics or w/e).