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You have to wonder how we have poverty in a fiat system.

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You have to wonder how we have poverty in a fiat system.

By Vincent Cordova | Cordova 2028

October 1, 2024

It’s worth questioning how poverty persists in a system where governments control currency creation through a fiat system. How can scarcity exist when money is not tied to physical resources like gold, and more can theoretically be created?

You have to ask yourself, if you Government wanted to, they would.

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It seem contradictory to have widespread poverty in a world where fiat money, which is essentially created by governments without being tied to physical commodities, dominates the global economy. Fiat money allows for significant control over monetary policy, including the ability to print more money, yet we still see poverty persist. This raises complex questions about wealth distribution, economic policies, and the way resources are allocated.

The issue often lies in systemic inequalities, economic priorities, and political decisions rather than the availability of money itself. Even though fiat currency gives governments the flexibility to manage the economy, the wealth created by this system doesn't always reach the people who need it most. Economic systems tend to favor those who already hold wealth, exacerbating inequality, while poverty persists because of a combination of social, political, and economic barriers.

What are your thoughts on how this could be changed or improved?

Vincent Cordova · Candidate for U.S. President 2028
www.cordova2028.com

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