into the minds of our youth—and you see why President Trump warned, “America is at war.” The real question is: Are you prepared? Understanding Fiat Money “Fiat” money is paper currency backed only by government decree, not precious metals. The U.S. has used fiat money three times in history: the Federal Reserve Note you may have one in your pocket; during the Revolutionary War (Continental Dollar); during the Civil War (Confederate Notes & Greenbacks). Since 1913, under the Federal Reserve by law, fiat currency is legal tender for all debts. Refusing to accept it cancels a debt in the eyes of the law. Yet if you tried to print it yourself, you’d be jailed for counterfeiting. This system leads to Gresham’s Law: “Bad money drives out good money.” It explains why Franklin D. Roosevelt confiscated gold in 1933 and banned citizens from using precious metals as money. However, today silver coins are considered legal tender. Today, the U.S. government is the largest employer in the country. As more citizens depend on government assistance, taxes rise on those who work and save—making it harder to build true wealth. Consider this sobering fact: of every high school graduating class, only 5% will retire financially independent without relying on Social Security or government programs. Do you see the difference between the 1957 one-dollar bill and the 1974 one-dollar bill? #1 is a Silver Certificate backed by a silver dollar. #2 is a Federal Reserve Note backed by thin air! What’s Backing the Money in Your Wallet? At the end of World War II, the United States emerged as the world’s economic superpower. With that influence, the U.S. pushed through a
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