Because they don\u2019t want to give their power.As Mayer Amschel Rothschild said: \u201cLet me issue and control a nation\u2019s money and I care not who writes the laws.\u201d The same could apply to governments. Before we directly mention the reason, we should look at why governments like to control the money supply.Now Let\u2019s Begin How Money EmergedBefore we had money, barter occurred between goods and services. But, these goods might not satisfy both parties and these were not really standard prices. Consequently, states had created a standard where barter could be easy. So, it was relatively easy to trade goods and services. But it\u2019d change when merchants started to give their coins as a status symbol. When sovereign states realized it was something important, they were quick to monopolize money printing. And it has gone towards our day. Now, we\u2019ll look at how money evolved through time.From Commodity Money to Fiat MoneyWhen Lydians have found money, they pegged its value to gold. After the founding of money, it was quick to spread all over the world as states realized how practical it was. However, gold coins were bulky and highly susceptible to be stolen. This would lead to banknotes and goldsmiths giving certificates for gold deposits. When the payment is due, gold deposits would give back the gold and they would be paid for storage. Still, goldsmiths realized that these were long-term contracts, so they\u2019d start banking. And that\u2019s how central banking emerged over time. However, the 1970s marked a change that lasts forever: it was the declaration of fiat money. When this was implemented, governments could carelessly print money without worrying about the consequences. As a result, prices soared, and the value of money plunged. And it also became easier to produce and control the money. Now, money became\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Because they don\u2019t want to give their power.As Mayer Amschel Rothschild said: \u201cLet me issue and control a nation\u2019s money and I care not who writes [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3492"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=3492"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=3492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=3492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=3492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}