Tuesday, November 18, 2008

GOLD VS DOLLAR

Still not convinced that the Dollar (and any other paper curency for that matter) is the cause of our economic (read: currency) crisis?

Increasing the money supply causes inflation, which leads to paying more paper currency for your goods and services, wondering why there's never have enough paper notes left at the end of the month!

Watch below clip: you will understand why...




Remark: this is NOT only related to the USA and the US$. All currencies have been floating (read: sinking) since abandoning Bretton Woods in 1971.

No comments: