http://zukul.gold Your Cash is Trash, and So Are Most of Your Investments. Almost everyone, probably including yourself. http://zukul.gold Going back to ancient history and de-valuing of currency - Yes the thing you call money is actually fiat currency! In the old days currency or the notes were actually receipts that were printed for Gold, i.e the currency notes were backed against Gold and printed as a receipt for it. Ancient civilizations - The Romans, The Babylonians etc, all used Gold as the form of wealth and they dealt in Gold in exchange for products and services. However when things got bad- like heavy expenditure on war and so on- they got depleted of a lot of their Gold and began to print currency receipts without being backed by the Gold. http://zukul.gold This is called de-valuing because they replaced an object of value (Gold) with an object of no value(Paper Currency). They went a step further and began to mix their coins of Silver and Gold with base metals like copper and steel. Essentially de-valuing their wealth. And once they began to not have enough Gold to back up the receipts(or paper Currency) they began to print and print up to infinity the paper notes. People began to use the currency notes and forgot about the Gold that was backing it up. http://zukul.gold In basic economics what they did essentially was increase the supply of paper currency to the extent that it's value got reduced (because if there is an increase in supply of anything it's value decreases). Sooner rather than later once the Gold ran out because of heavy war expenditure and compensation to those nations they once ruled - they ran out of Gold and were only left with the paper notes(that too in abundance). And so the paper currency began to lose its value(because of high supply of it) and gradually went back to it's true intrinsic value - Nothing! http://zukul.gold This has happened with every single civilization that de-valued it's currency in exchange for paper currency or notes. A lesson history has taught is that every single civilization that did this - went bankrupt. Every single time de-valuation happened in the end the paper currency notes went back to it's true intrinsic value -Zero. http://zukul.gold Fast forward to this day and age and our civilization has done the same. Nixon went off the Gold Standard in the late 60s and early 70s and basically caused the same thing. Today all the world's fiat currencies are pegged to the dollar and not Gold(Something of actual value). Once the notes get printed to infinity, which is happening - It will return to it's true intrinsic value of Zero and become worthless. And then the IMF and monetary policy makers will come up with a new worldwide monetary policy - It's going to happen believe it or not! I know ... https://www.youtube.com/watch?v=Z1VAeYKLrlY