Money v Fiat Currency
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Posted 11/03/2014
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Not a new topic for us but maybe the graph below puts it into perspective. Paper money is Fiat Currency currently being ‘printed’ at incredible rates to prop up an ailing global economy. The ‘King’ of global Fiat currencies is the US dollar. The graph below shows it has lost 95% of its value since the US Fed was formed in 1913. That is a compound annual decline of -2.95%. Gold? Well the gold v currency rate has seen a compound annual growth rate of +4.27% over the same 100 years. Which is REAL money….?