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Why We Should Be Paid In Silver
I Know You’re Sick Of The Dreaded “I” Word But Hear Me Out
Before 1964, quarters and dimes contained 90% silver. You might think, “so what?” However, it was incredibly significant because it limited the amount the Federal Reserve could create.
Common laborers could save their earnings and know their wealth would hold its value over time. Now, everyone is in a perpetual crunch to invest their limited profits because the dollar loses value every passing second. Last month alone, we experienced 6% inflation.
But it’s not always been like this.
Before I go into what I mean below, we need to go over something: Most people measure an asset’s “value” in terms of U.S. Dollars. We say that something is “worth” $1,000,000 because we’ve always used the dollar to compare the value of goods and services
But there is a problem with this mindset. This assumes that you can measure something’s worth in the same amount of dollars over a long period of time. Unfortunately, this can’t be further from the truth.
My great-grandmother used to give me $4 every birthday growing up, and I used to wonder why. Once I was…
