The History of Inflation
What Causes Inflation and Your Hard-Earned Dollars to Lose Value?
Although we have been buying and selling gold, silver and other precious metals for over 30 years, we recognize that most people have not, which is why we have put together a brief history of the inflation and hyper-inflation witnessed throughout the world in modern history below.
The thought of buying a selling gold, silver and other precious metals to protect your hard-earned wealth from inflation caused by run-away government spending can be overwhelming if you haven’t purchased precious metals in the past, however we would love to schedule a FREE consultation with you today to answer any and all of your questions. Simply fill out the form below and we will contact you as soon as possible to schedule your FREE consultation.
A Brief History of Inflation and Fiat-Currency (Currency Without Backing of Gold, Silver or Something Tangible):
What Is Money? A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
What Is Fiat Currency? A formal authorization or proposition; a decree.
What Causes Inflation? When government prints money that they do not have to buy things do not need and cannot afford it devalues the currency
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