inflation .. gold and silver breakout , page-3

This is a time to be cash rich and asset poor, and gold and silver are even better than cash to protect against inflation at these times.

Debt money, like most countries use these days has a fatal design flaw. The fact that it has no intrinsic value, thus is must pay interest other-wise why would you want it?
And to pay interest on the total money pool more of it must be made at the rate of required interest payments, making it less valuable at that same time. It is flawed to the core.

Debt money (Fiat money) is simply a game about who is more successful at passing their debt onto others. And if you have allot of it, actually it means that allot of people owe you money. While Gold on the other hand has intrinsic value, it does not need to pay interest thus it is not a liability and a true store of value.

If we are going to use a flawed debt money system the best set-up is to have low interest rates (1-2%) and tight lending standard (Don't lend unless you are really going to get it back) And anyway, you would make sure of that if you were lending for only 1-2%.

But people being people they can’t control themselves so that is why Gold backed money is best, it cannot be corrupted. You can’t spend more than you have.

After all, if you save and spend, you can save and spend again, that is sustainable.
But If you borrow and spend, you now must pay interest thus your ability to spend again becomes more and more limited.

Sweet at first, bitter in the end that is how debt money works.

Go for Gold Measures!