Central banks all over the world have printed over $35 trillion in fiat currency.
Money printing in the form of QE has embedded inflation in asset prices such as stocks, bonds, and real estate, furthering the divide between the “haves” and “have nots.” In addition, reckless fiscal policy in the hands of the few has added fuel to the fire, and inflation has seeped into all corners of the economy, changing the lives of many. The Flushable Fiat art collection is a daily reminder of the central banking circus.
“The root and source of all monetary evil is the government’s monopoly on money.” - Friedrich Hayek