Nothing wrong with that, sure, if it not were for the need to justify the speculative claims with theories
on currency debasement.
Not exact matches
4) Governments introduce
currencies and often cheat
on them (
debasement, or inflation of a fiat
currency).
The bottom line here is this: none of these investment vehicles are perfect, in fact many have significant flaws; but despite their flaws they attract money away from gold, thus undermining gold's monopoly
on the fear / inflation /
currency debasement trade.
That's 95 % of the
currencies that are exchanged in the world and they're the ones that are the primary
debasement on the other side, which I was referring to, of the bricks.
The whole discussion that we should have
on here is
on de-dollarization, but the conflict that's going
on right now and part of the answer out of that is what's going to happen to cryptocurrencies because it's a way of getting around the controls that the central banks really have
on the creation of money, the value of that money and the
debasements of those
currencies.
I've heard proposals for further
debasement of the
currency via placing expiration dates
on currency, or randomly canceling
currency through lotteries based
on the serial numbers
on the bills.
The Fed's role will be to get the cash hoarders back into speculating
on the newly de-toxified MBS by scaring the beejesus out of them with a knock out combination of fiat
currency debasement and near zero yields.
4) Governments introduce
currencies and often cheat
on them (
debasement, or inflation of a fiat
currency).
Since then, I try to focus
on hard and / or naturally yielding assets, while trying to stay independent from the long - term
debasement of fiat
currencies.