How is fiat money created? How is the creation of Gold Units different?

FIAT money is created primarily in two (2) ways:

Firstly, when the Treasury of a country issues a Treasury Note [a DEBT INSTRUMENT] for the benefit of the Central Bank, which in turn issues the FIAT Currency into circulation; and,

Secondly, banks also create money through fractional reserve banking. For more details on Fractional Reserve Banking, click here.

Unfortunately, this method of currency creation is not sustainable due to the ever increasing capital repayments and increasing debt burden as a result of compounding interest, as it is created out of thin-air and results in inflation and the denigration of the currency.

Gold Units are created entirely differently from FIAT in that:

Firstly, the creation of Gold Units does not follow the model of the debt based FIAT monetary system, as the gold is owned by God and God has blessed all mankind to have the use of His gold;

Secondly, all Gold Units are physically backed by allocated gold, which is represented by a Gold Certificate which is allocated by the Global Monetary Trust (GGMT) to each Country Trust; and,

Thirdly, GGMF then dematerialises the Gold Certificate(s) for each country and Gold Units are issued to each Country Trust via the GGMF, for the benefit of the Sovereign Individuals in each country.

In conclusion, Gold Units are based upon the Intrinsic Value of gold and are not subject to inflation as every Gold Unit is supported by physical allocated gold. For more details on the Intrinsic Value of gold, click here.