What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
8 easy to understand reasons why every person in America (who has any sort of disposable income) should buy gold: The FED is an enemy that can’t be fought. So – ‘Don’t fight the Fed’. The fed is actively fighting tooth and nail to inflate the dollar every day. It’s been doing so since 2008 […]
‘Bitcoin’ is an interesting example of the future of money. Bitcoin is a non-asset backed and non-state controlled money. With the Fed destroying the value of our money it comes as no surprise that we should start to see such experiments as these. I tend to be skeptical of such non-asset backed currencies, but it […]
