what are fiat currencies ? how do governments use it to stay in power ?

fiat currencies are basically currencies printed on paper – with good security features to prevent counterfeiting

basically – they are not backed up by anything

before 1971 , the currencies were backed by gold – you could only print as much currency as you had gold reserves

but after 1971 , that standard was removed – so now countries can print as much money as they want

distribute this money to voters so they can buy votes and stay in power

some countries borrow money for helping countries during their wars – there is no accountability on where this money is going

it also causes inflation – basically causing prices to go up

to avoid showing inflation , governments are involved in suppressing the price of gold and silver , precious metals that go up during inflation

but looks like people are rejecting this now and wars are causing gold and silver to go up …