GOLD 0.51% $1,391.7 gold futures

Fiat money is designed to depreciate, but it still isn't...

  1. 32,983 Posts.
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    Fiat money is designed to depreciate, but it still isn't worthless, is it? But who keeps their money in fiat, no one I know? You just pay more for the same product, that's the way it works.

    Goldbugs will tell you that gold has gone up because it was $910 in 1980 and now it's $1,800, they can't get their head around inflation.


    Last edited by Skol: 01/08/21
 
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