Why currencies are doomed

The 54-year fiat currency era is coming to an end. Even their users will lose faith in them rendering them valueless, which is why valued in gold they are beginning to collapse.

When it is understood that gold’s value is relatively stable over time, and that it is the value of currencies which change, it becomes obvious that the “price” of gold is irrelevant. It is the changing value of a currency that matters. And a decline in a currency’s value, largely due to loss of faith in it is reflected in higher prices for gold, and all non-monetary goods.

The causes of rising prices are poorly understood. Modern economic theories are badly disingenuous in this respect, leading to an almost total lack of awareness about the economic and monetary dangers we face, even among economists.

These dreadful errors are now hastening the demise of today’s fiat currency system.