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[–] goatboy 1 point 1 point (+2|-1) ago  (edited ago)

Fiat money is when you can buy a loaf of bread for a $1 dollar spec of gold, but government mercenaries take your gold, point guns at your and the baker's heads, and demand you exchange a piece of paper with $5 printed on it for the bread. In this, both the gold and the paper become less-and-less important than the mercenaries pointing guns at everybody's head.

Communism is the purest form of pointing guns at everybody's head and therefore the purest form of Fiat Money.