The problem is, just about all the this ever-increasing money supply, people who hoard money-or to use a gentler term, people who save money-are essentially losers. Money is supposed to be scarce. That’s the reason why why money has value, because whenever compared with air, dust and navel lint, around the globe relatively hard to find. But, if governments keep creating debt regarding your thin air and printing money indefinitely, and if banks are multiplying every new dollar 10-fold, total funds are increasingly becoming less scarce. What do you think for doing for the value of a poor sap’s stash of savings (hoarded money)? That’s right, it’s decreasing in value. That’s called inflation. Thus, savers are losers, meaning they’re individuals who are losing purchasing power/economic power/net worth. Don’t thank me for certain one.
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I didn’t “keep my attention on silver” until recently, that is, when that very same bag fell out of my office closet four homes, five states, several careers, and 30 years later. It threw itself at my feet. The net made simple to use to look for each coin and i’m happy to report I discovered a quarter worth $15, a dime worth $8 and a nickel worth $5! Not a windfall but enough to convince me there is something to all or any this silver talk. Is actually always clearly the silver content that drives higher coin value.
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