{"id":11441,"date":"2026-08-01T19:06:34","date_gmt":"2026-08-01T19:06:34","guid":{"rendered":"https:\/\/www.themorganreport.com\/blog\/?p=11441"},"modified":"2026-08-01T19:06:34","modified_gmt":"2026-08-01T19:06:34","slug":"holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard","status":"publish","type":"post","link":"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/","title":{"rendered":"Holding the Ice Cube: The Best Lesson on Fiat Money I&#8217;ve Ever Heard"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/76Ak8kRDX9w?si=4DH7CoPPVll0edk8\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>\nHolding the Ice Cube: The Best Lesson on Fiat Money I&#8217;ve Ever Heard | <a href=\"https:\/\/www.themorganreport.com\">https:\/\/www.themorganreport.com<\/a><\/p>\n<p>This week, I shared a simple but powerful lesson from one of our longtime subscribers, who goes by \u201cFarmer Fred,\u201d about the difference between fiat currency and real money.<\/p>\n<p>Fred developed a memorable demonstration for his 26-year-old grandson. He placed an ice cube in one hand to represent $100 in cash and a Silver Eagle in the other to represent sound money.<\/p>\n<p>As the ice cube slowly melted, it illustrated how inflation gradually erodes the purchasing power of fiat currency. The Silver Eagle, however, remained intact. The labor, capital, mining, and refining required to produce it were still represented in the coin.<\/p>\n<p>Fred reinforced the lesson by giving his grandson pre-1965 silver dimes as a birthday gift. When Fred was 26, the same amount of silver would have cost roughly $90. Five decades later, it takes more than $1,000 in fiat currency to purchase those same coins.<\/p>\n<p>The silver did not fundamentally change. The currency lost purchasing power.<\/p>\n<p>I concluded with a brief preview of the latest issue of The Morgan Report. We covered oil, precious metals, some of the overexuberance surrounding recent developments in China\u2019s retail paper market, Tether, central-bank gold buying, and blockchain\u2019s potential role as the foundation of the next monetary system.<\/p>\n<p><a href=\"https:\/\/www.themorganreport.com\/pdf\/HoldingtheIceCubeTheBestLessononFiatMoneyIveEverHeard.pdf\" rel=\"noopener\" target=\"_blank\">Grab the Holding the Ice Cube: The Best Lesson on Fiat Money I&#8217;ve Ever Heard PDF here.<\/a><\/p>\n<p>Watch this video on Holding the Ice Cube: The Best Lesson on Fiat Money I&#8217;ve Ever Heard, then please share with your friends and family on social media and use the caption: Holding the Ice Cube: The Best Lesson on Fiat Money I&#8217;ve Ever Heard.<br \/>\n<div class=\"su-spacer\" style=\"height:10px\"><\/div><div class=\"sc-tabs-wrap\"><ul class=\"sc-tabs\"><li class=\"active\"><a href=\"#\" data-id=\"1\">Trading Recommendations<\/a><\/li><li><a href=\"#\" data-id=\"2\">Save In Silver<\/a><\/li><\/ul><ul class=\"sc-tabs-panes\"><li id=\"sc-pane-1\" class=\"active\">Market Analysis &#8212; Investing &#8212; Trading Methods At The Morgan Report &#8212; Starting As Low As $50 | <a href=\"http:\/\/www.themorganreport.com\/join\" rel=\"noopener\" target=\"_blank\">http:\/\/www.themorganreport.com\/join<\/a><\/b>. <\/li>\n<li id=\"sc-pane-2\">Starting your own precious metals savings program is an easy way to automatically save in gold and silver. This makes it easy to maintain a disciplined program for increasing your ownership of history&#8217;s most proven stores of value. <a href=\"http:\/\/preciousmetalssavingsprogram.com\/\" rel=\"noopener\" target=\"_blank\">Learn more here.<\/a> <\/li><\/ul><\/div>\n<hr \/>\n<p><strong>Let My Passion Create Your Wealth.<\/strong><\/p>\n<p>I&#8217;ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.<BR><\/p>\n<p>The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation, and asset protection.<BR><\/p>\n<p>Thus was born The Morgan Report &#8211; since then we&#8217;ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter &#8212; This Week&#8217;s View from The Morgan Report.<BR><\/p>\n<p>Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.<BR><\/p>\n<p>Learn more and become an insider for The Morgan Report, click the link below&#8230;<BR><\/p>\n<p><a href=\"http:\/\/www.themorganreport.com\/join\">http:\/\/www.themorganreport.com\/join<\/a><br \/>\n&nbsp;<\/p>\n<p align=\"center\"><font color=\"#AF0000\" style=\"font-size: 14pt\"><b>Special Riches In Resources Free Report<\/b><\/p>\n<p><\/font> Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.<\/a>\n\t<\/p>\n<div class=\"AW-Form-1281419199\"><\/div>\n<p><script type=\"text\/javascript\">(function(d, s, id) {\n    var js, fjs = d.getElementsByTagName(s)[0];\n    if (d.getElementById(id)) return;\n    js = d.createElement(s); js.id = id;\n    js.src = \"\/\/forms.aweber.com\/form\/99\/1281419199.js\";\n    fjs.parentNode.insertBefore(js, fjs);\n    }(document, \"script\", \"aweber-wjs-jc8lzhdt3\"));<\/script> <\/p>\n<p>Our mission statement reads&#8230;<BR><\/p>\n<p><b><i>&#8220;To teach and empower people to understand the benefits of an honest monetary system.&#8221;<\/i> <\/b><BR><br \/>\nToday&#8217;s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!<BR><\/p>\n<p><center><a href=\"http:\/\/www.themorganreport.com\/join\" class=\"sc-button\" style=\"background: default\"><span><strong>Learn More About The Morgan Report *<\/strong><\/span><\/a>\n&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Holding the Ice Cube: The Best Lesson on Fiat Money I&#8217;ve Ever Heard | https:\/\/www.themorganreport.com This week, I shared a simple but powerful lesson from one of our longtime subscribers, who goes by \u201cFarmer Fred,\u201d about the difference between fiat currency and real money. Fred developed a memorable demonstration for his 26-year-old grandson. He placed<span class=\"read-more\"><a href=\"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/\" title=\"Read More\">More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":11442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121,89],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Holding the Ice Cube: The Best Lesson on Fiat Money I&#039;ve Ever Heard<\/title>\n<meta name=\"description\" content=\"Holding the Ice Cube: The Best Lesson on Fiat Money I&#039;ve Ever Heard\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Holding the Ice Cube: The Best Lesson on Fiat Money I&#039;ve Ever Heard\" \/>\n<meta property=\"og:description\" content=\"Holding the Ice Cube: The Best Lesson on Fiat Money I&#039;ve Ever Heard\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/\" \/>\n<meta property=\"og:site_name\" content=\"The Morgan Report News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/The-Morgan-Report\/317004435015437\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-01T19:06:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.themorganreport.com\/blog\/wp-content\/uploads\/2026\/08\/Holding-the-Ice-Cube-The-Best-Lesson-on-Fiat-Money-Ive-Ever-Heard-TN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Morgan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@silverguru22\" \/>\n<meta name=\"twitter:site\" content=\"@silverguru22\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Morgan\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/\",\"url\":\"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/\",\"name\":\"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard\",\"isPartOf\":{\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#website\"},\"datePublished\":\"2026-08-01T19:06:34+00:00\",\"dateModified\":\"2026-08-01T19:06:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/e33e6f7f03bcb4719cf2d431fb9148e3\"},\"description\":\"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#website\",\"url\":\"https:\/\/www.themorganreport.com\/blog\/\",\"name\":\"The Morgan Report News\",\"description\":\"Helping You Build And Preserve Wealth\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.themorganreport.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/e33e6f7f03bcb4719cf2d431fb9148e3\",\"name\":\"David Morgan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7377f4d8bf4cf2393f48c981c52fe513?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7377f4d8bf4cf2393f48c981c52fe513?s=96&d=mm&r=g\",\"caption\":\"David Morgan\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard","description":"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/","og_locale":"en_US","og_type":"article","og_title":"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard","og_description":"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard","og_url":"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/","og_site_name":"The Morgan Report News","article_publisher":"https:\/\/www.facebook.com\/pages\/The-Morgan-Report\/317004435015437","article_published_time":"2026-08-01T19:06:34+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.themorganreport.com\/blog\/wp-content\/uploads\/2026\/08\/Holding-the-Ice-Cube-The-Best-Lesson-on-Fiat-Money-Ive-Ever-Heard-TN.jpg","type":"image\/jpeg"}],"author":"David Morgan","twitter_card":"summary_large_image","twitter_creator":"@silverguru22","twitter_site":"@silverguru22","twitter_misc":{"Written by":"David Morgan"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/","url":"https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/","name":"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard","isPartOf":{"@id":"https:\/\/www.themorganreport.com\/blog\/#website"},"datePublished":"2026-08-01T19:06:34+00:00","dateModified":"2026-08-01T19:06:34+00:00","author":{"@id":"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/e33e6f7f03bcb4719cf2d431fb9148e3"},"description":"Holding the Ice Cube: The Best Lesson on Fiat Money I've Ever Heard","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.themorganreport.com\/blog\/holding-the-ice-cube-the-best-lesson-on-fiat-money-ive-ever-heard\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.themorganreport.com\/blog\/#website","url":"https:\/\/www.themorganreport.com\/blog\/","name":"The Morgan Report News","description":"Helping You Build And Preserve Wealth","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.themorganreport.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/e33e6f7f03bcb4719cf2d431fb9148e3","name":"David Morgan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.themorganreport.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7377f4d8bf4cf2393f48c981c52fe513?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7377f4d8bf4cf2393f48c981c52fe513?s=96&d=mm&r=g","caption":"David Morgan"}}]}},"_links":{"self":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts\/11441"}],"collection":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/comments?post=11441"}],"version-history":[{"count":2,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts\/11441\/revisions"}],"predecessor-version":[{"id":11444,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/posts\/11441\/revisions\/11444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/media\/11442"}],"wp:attachment":[{"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/media?parent=11441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/categories?post=11441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.themorganreport.com\/blog\/wp-json\/wp\/v2\/tags?post=11441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}