If you missed Part 2, you can find it here. We introduced the idea of the Fiat Cave, covered a brief history of money, and explored the monetary corruption of the Roman Empire. This piece will examine the creation of the modern financial system, the consequences of fiat money, and the illusion of the political system. As we will cover, despite humans advancing toward harder monies over millennia, today we have fiat money. Fiat comes from the Latin "let it be done." Fiat money is government-decreed currency not backed by a commodity such as gold.