(Mike Maharrey, Money Metals News Service) In a fiat system, your money is constantly being devalued. That means you are losing purchasing power month after month.
From the government’s standpoint, this isn’t a bug. It’s a feature. Fiat money printing enables governments to spend far beyond what they could if they had to run on tax receipts alone. I have often said the Federal Reserve is the engine that drives big government.
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