{"id":2957,"date":"2011-07-29T12:04:27","date_gmt":"2011-07-29T17:04:27","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=2957"},"modified":"2011-07-29T12:04:27","modified_gmt":"2011-07-29T17:04:27","slug":"why-government-loves-fiat-money","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/why-government-loves-fiat-money\/","title":{"rendered":"Why Government Loves Fiat Money"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/07\/printing-money.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2958\" title=\"printing money\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/07\/printing-money.jpg\" alt=\"\" width=\"359\" height=\"239\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/07\/printing-money.jpg 359w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/07\/printing-money-300x199.jpg 300w\" sizes=\"auto, (max-width: 359px) 100vw, 359px\" \/><\/a><\/p>\n<p>Go Ben Go!!<\/p>\n<p>Here&#8217;s a pretty good, short animated video on the value of gold versus fiat money. The video also points out that it&#8217;s difficult to have major prolonged wars without fiat money. In a way, it&#8217;s a necessary ingredient as nations engaged in wasteful wars all go bankrupt without the printing press to keep them afloat longer. This a fact that neocons trumpeting the gold standard seem to accidentally overlook.<\/p>\n<p><object style=\"width: 640px; height: 390px;\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" width=\"100\" height=\"100\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/RvL_Dm2d99A?version=3\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed style=\"width: 640px; height: 390px;\" type=\"application\/x-shockwave-flash\" width=\"100\" height=\"100\" src=\"http:\/\/www.youtube.com\/v\/RvL_Dm2d99A?version=3\" allowfullscreen=\"true\" allowscriptaccess=\"always\"><\/embed><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go Ben Go!! Here&#8217;s a pretty good, short animated video on the value of gold versus fiat money.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[18,19,14,11,6,20,31,7,15,17],"class_list":["post-2957","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-foundations","tag-investments-in-panama","tag-legal-issues","tag-offshore-real-estate","tag-panama","tag-panama-economics","tag-panama-property-exchange","tag-panama-real-estate","tag-tax-issues","tag-trusts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why Government Loves Fiat Money - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/why-government-loves-fiat-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Government Loves Fiat Money\" \/>\n<meta property=\"og:description\" content=\"Go Ben Go!! Here&#8217;s a pretty good, short animated video on the value of gold versus fiat money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/why-government-loves-fiat-money\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog and Newsletter\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100088396493750\" \/>\n<meta property=\"article:published_time\" content=\"2011-07-29T17:04:27+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/07\/printing-money.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Prozzo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrian Prozzo\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/\"},\"author\":{\"name\":\"Adrian Prozzo\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/person\\\/6c118309f214f7da81db90c9905c5e69\"},\"headline\":\"Why Government Loves Fiat Money\",\"datePublished\":\"2011-07-29T17:04:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/\"},\"wordCount\":80,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/07\\\/printing-money.jpg\",\"keywords\":[\"foundations\",\"investments in panama\",\"legal issues\",\"offshore real estate\",\"Panama\",\"panama economics\",\"panama property exchange\",\"Panama Real Estate\",\"tax issues\",\"trusts\"],\"articleSection\":[\"News from Panama\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/why-government-loves-fiat-money\\\/\",\"name\":\"Why Government Loves Fiat Money - 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