Tuesday, December 8, 2015

The Fallacy that Weakening Your Currency Generates Prosperity

The author is correct in declaring debasing one's currency diminishes the purchasing power of a nation's citizens, thereby dampening economic growth.  But he offers no solutions in this article.  Hedging against reduced purchasing power requires owning hard, tangible assets, including physical precious metals.


http://charleshughsmith.blogspot.com/2015/12/the-fallacy-that-weakening-your.html

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