Loading ...Yeah, I suppose they can keep it going for quite some time. By creating an index where fiat currencies trade against each other – which was ingenious – they can prevent certain currencies from going to zero.
I agree, we aren’t going back to a gold standard, it’s too restrictive to corrupt gov’t politicians who are happy to saddle their younger generations with debt – no doubt debt that will never be repaid.
I suppose with pm’s the greatest hope is that pm’s outpace inflation. Right now of course, lumber, copper, steel and all commodities except for pm’s have been outpacing inflation. Seems like pm’s will be the last commodity to rise ala the 70’s.