Showing posts with label Fallacy. Show all posts
Showing posts with label Fallacy. Show all posts

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