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Have you ever given a thought to the perplexing question of why your hard-earned "money" appears to steadily lose its purchasing power while silver and gold remains an enduring emblem of wealth? If so, you're certainly not alone in your contemplation..... The realm of finance is undergoing a subtle yet profound transformation, and the global geopolitical landscape is seemingly hastening the impending collapse of the current monetary system. Fiat currencies, such as the US dollar and the British pound, have quietly been shedding their purchasing power in plain sight. In today's context, the dollar retains only a paltry 2% of its value from the 1970s, while the pound fares far far far worse, hovering at a mere 1% of its original purchasing power.
Remarkably, while this devaluation unfolds, many individuals still place their trust, and future financial security in these paper currencies, relegating gold and silver, often regarded as the quintessential form of genuine currency, to the shadows of a bygone era. So, why do we persist in ascribing value to currencies that are slowly losing their luster? The answer unravels a captivating narrative that could reshape our comprehension of the world, wealth, and the concept of money as both you and I know it.
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Among the enigmatic questions left unanswered is how an unbacked paper currency manages to retain its value as a medium of exchange. Some argue that it hinges on trust in the government and its fiscal stability, while others assert that the citizens' obligation to pay their taxes in their specific cpuntries currency ensures its perpetual demand. Nonetheless, these explanations overlook a crucial element: the repercussions of relentless currency expansion, all while governments assert its legitimacy.
Sometimes, this expansion may appear innocuous, but in other instances, it can yield dire consequences. Essentially, these explanations fail to account for why we continue to accept the devaluation of our currencies. Most people are content with the status quo and reluctant to disrupt the system. However, there are those, like myself, who advocate for change, seeking to restore money to its origins to preserve its purchasing power and avoid shortchanging the fruits of our hard work.
Join me on an intellectually stimulating journey as I delve into this intricate issue!! Throughout history, precious metals like gold, silver, and copper have served as the cornerstones of trade and commerce, acting as mediums of exchange, a point we can all agree on, right? So, why the shift from metal to paper? Whom did this transformation benefit? It certainly wasn't the diligent public who ended up on the losing side. Over time, this system evolved into a sophisticated fusion of money and credit, with the introduction of banknotes and bank deposits.
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In this system, where the value of credit became intrinsically linked to genuine currency, economic stability was upheld for centuries. The creators of money are no longer the ones in control; the power now lies with the central bankers and currency "printers." The transition from tangible currency to paper money has been so gradual that most of us have scarcely noticed it unfolding. With the roll out of "cashless society" and digital money, weve given more power to bankers and relinquished our own ability to be our bank by holding precious metals.
The gradual erosion of purchasing power in comparison to gold can persist indefinitely, as long as the circumstances permitting it remain relatively benign. Furthermore, the absence of a viable alternative makes it inconvenient for us to entertain the idea that our currency might one day become worthless. We hold onto the belief in its utility until its depreciation becomes too conspicuous to overlook.
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With these financial shifts unfolding, it's high time for us to reevaluate our notions of wealth and value in this ever-evolving landscape. The widening gap between fiat currencies and gold poses fundamental questions about the sustainability of our monetary systems. As current events hasten our recognition of this divergence, the day when people return to the timeless allure of authentic money may be nearer than we think. It's a moment for us to contemplate the future of currency and its role in shaping our dynamic financial world.
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It was my doubt of official Inflation rates that don't jive with what I experience at the checkout and my cost of living that began my Stacking Journey back in 2014.
The decline of fiat currencies began a long time ago, but lately, they have all sped up a lot... The only reason why they didn't drop even more is marketing and mainstream propaganda, but you can't hide the truth for a much longer time... Sooner or later, the majority will see that the Kind is naked and those who own hard assets like gold, silver, or certain crypto will be in a huge advantage...
I have picked this post on behalf of the @OurPick project which will be highlighted in the next post!
I still find it strange that so few people even realize that your money is being devalued through inflation!🙄

I seen a great post on X showing this how 4 silver quarters used to buy a full fast food meal and still the case today
If your Country returns to "Circulating" Silver and Gold Coins, what do you think you'll be using to "make change"...???
Possibly a lesser metal, like we did pre-1998 - copper springs to mind.
You don't have any Common Coinage that's already available...???
We have cupro-nickel base sets £0.01, 0.02, 0.05, 0.10, 0.20, 0.50, £1.00 and £2.00. Our £0.01 and £0.02 (1p and 2pence) coins were made of copper untill 1998. Since then our circulating coingage has little to no intrinsic value.
It will be the Face Values that count... It appears your Country is in good shape...
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