Sound Money

August 17, 2017
“For more than 100 years, from roughly 1800 to 1912, the purchasing power value of the dollar under the gold-and-silver standard was essentially constant. With the creation of the Federal Reserve and its discretionary policies of the last century, however, the dollar’s value has declined by more than 95 percent.” –

Not that we should go back to the gold standard. We should switch to bitcoin, of course. It’s not inflationary and the “printing” of it is governed by mathematical formula that are inherent in it’s technology and cannot be changed without breaking the entire system.

Posted by Ben B

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