Stabilt pengevæsen
Forudsætningen for at oprette en pensionsordning er et stabilt pengevæsen og bemærk citeret fra The Daily Reckoning:
Citat fra The Daily Reckoning:
Central bankers have the job of maintaining a "stable" monetary system. But there is nothing stable about it. There being little limit on the amount of paper money they can put into circulation, and there being a widely-accepted hypothesis that a little bit of consumer price inflation helps economies grow, Alan Greenspan and his peers tend to allow a little more paper money creation than they should. Over time, paper money deteriorates...and eventually disappears altogether. Since the U.S. central bank was established in 1913, the dollar has lost 95% of its value. But it didn't happen in a straight line. There are periods when paper money rises against real money (gold)...and times when it falls. Having risen for the last two decades of the 20th century...it seems a fair bet that paper money will fall in the next two - perhaps dramatically...perhaps catastrophically.
If gold were simply to return to its 1980 high, it would be close to $2,000 in today's dollars - and the situation is much more serious now that it was in 1980."
There are many ways of determining what it 'should' be worth, based on fundamentals. The U.S. Government owns a reported 261.6 million ounces of gold. If they were to back all the dollars represented by M-1 with gold, based on an M-1 of $1.31 trillion, it would require $5,000 gold." Suddenly, my head snapped to attention! $5,000 an ounce for gold?
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Citat fra The Daily Reckoning:
Central bankers have the job of maintaining a "stable" monetary system. But there is nothing stable about it. There being little limit on the amount of paper money they can put into circulation, and there being a widely-accepted hypothesis that a little bit of consumer price inflation helps economies grow, Alan Greenspan and his peers tend to allow a little more paper money creation than they should. Over time, paper money deteriorates...and eventually disappears altogether. Since the U.S. central bank was established in 1913, the dollar has lost 95% of its value. But it didn't happen in a straight line. There are periods when paper money rises against real money (gold)...and times when it falls. Having risen for the last two decades of the 20th century...it seems a fair bet that paper money will fall in the next two - perhaps dramatically...perhaps catastrophically.
If gold were simply to return to its 1980 high, it would be close to $2,000 in today's dollars - and the situation is much more serious now that it was in 1980."
There are many ways of determining what it 'should' be worth, based on fundamentals. The U.S. Government owns a reported 261.6 million ounces of gold. If they were to back all the dollars represented by M-1 with gold, based on an M-1 of $1.31 trillion, it would require $5,000 gold." Suddenly, my head snapped to attention! $5,000 an ounce for gold?
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