MONEY: Don’t save your wealth in fiat money

http://hbdbooks.com/2009/10/what-powers-government-fiat-money/

Fiat Money: The Fuel of Government
October 15, 2009 in Book Reviews, Economics
End the Fed
By Ron Paul

*** begin quote ***

The ability to print money gives the government unlimited power. If you tax the people too much they rebel. But if you declare your paper to be the only thing used as legal tender and allow yourself to print as much of it as you want, there’s no limit to what you can do. The effects of inflation are as real as any tax. It’s just that the people are slower to notice and connect their lower living standards to the actions of the government. The scariest power that the Federal Reserve gives government is that to wage war.

*** end quote ***

How can you subject your hard earned wealth to theft by inflation?

How can you defend your hard earned wealth?

Other fiat currencies? Gold? Silver? International equities? Non dollar denominated bonds?

The Family Farm?

Maybe the farm, because you can still eat. But the Estate Taxes will prevent yo from passing it on.

# # # # #

Please leave a Reply