Tag: currency

Did you know that the dollar has lost 98% of its value since 1913? Did you know that the dollar and other currencies used to be backed by gold, and now are only backed by government decree? (i.e., it is worth something because the government says that it is worth something! Does this mean then that it really has any value?). This drop in value of the dollar and other currencies is due to inflation, which is basically money printing by the government (both democrat and republican). How do you protect against inflation? Well there are several approaches Continue Reading