"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves" Norm Franz, “Money and Wealth in the New Millenium”
11 December 2011
It's a good thing Central Banks can't print gold. "As central banks print money and increase supply, currencies become devalued. Whereas in the recent past, one currency may be reduced in value compared with other currencies, this time there is global competitive devaluation as excess liquidity is put into the system" Frank Holmes
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment