The Silver Bear Cafe

The Silver Bear Cafe: "It seems that Iceland was fooled into the same ponzi scheme the rest of the world finds itself in. This all revolves around the fact that money in and of itself has no intrinsic value. It is just paper, for the most part, and in the modern world it is just data floating around in cyberspace. Even metal coins are made from cheap and common metals anymore. The fiat system devised by the central banks are designed to collapse at some point, and it's designed to collapse in such a way that the very few, very rich, very powerful end up with all the marbles. It's not enough to them, it seems, to be at the top of the heap, they have to be so high up and keep the common folk down so low as to be untouchable."