Monday, August 12, 2013
Money And Inflation
SEE HERE The reason for inflation is almost always government irresponsibility and this continues. Since the Federal Reserve was started the value of money has done nothing but tank. And it continues and the Chairman of the Fed doesn't understand gold prices. That's an outright lie. What's to understand. Gold is a commodity and as such it's value is relatively fixed. What shifts around it is the number of dollars you can get for it and it is almost always more tomorrow than today. Does that mean gold is a good investment? No it means that money is a terrible investment. Holding money is rarely a good strategy unless you're seriously on top of the situation and ready to shift your money into things of real value at the drop of a pin.