GOLD 0.51% $1,391.7 gold futures

It amazes me how you completely miss the point. Fiat money is...

  1. 3,399 Posts.
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    It amazes me how you completely miss the point. Fiat money is designed to depreciate in value. Real money, i.e. gold has perfectly maintained it's purchasing power, as evident by the charts you provide.

    Going down the current path, i.e. exponential money printing, we are getting closer to the end every day, what happens when we get to a stage in 5 years time when there is to much debt for the system, can't raise rates to reduce the money supply, because those who hold the loans, go up in smoke if we get a return to market driven interest rates. The current path we are on is a massive downward spiral that eventually implodes the whole system on itself.

 
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