GOLD 0.51% $1,391.7 gold futures

Max5, I would say that the fact that fiat currencies gradually...

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    Max5, I would say that the fact that fiat currencies gradually lose value over time is a known featue and one that is considered to be positive by economists, bankers and most currency users. If currencies did not decline then policy makers would try and make it happen. In fact this is exactly what is happening when central bankers say they are "targeting an inflation rate of 1%-2%" or similar.

    Inflation = the decline in the value of currency.

    Also look at all the countries rushing to weaken their currency if it becomes stronger than the US$. If a country's currency rises Vs the US$ exports become more expensive and the economy suffers.
 
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