MONEY: Competing currency is an inflation hedge

Competing currency being accepted across Mid-Michigan
by Dan Armstrong
Posted: 07.12.2010 at 8:13 PM

*** begin quote ***

Jeff Kotchounian says he’s used this Ron Paul half troy ounce of silver to get $25 worth of gas from a local station. While the government and banks don’t accept them, many others do. So why is there interest in these competing currencies?

*** end quote ***

Pretty simple.


The Federal Reserve Bank is going to enable the politicians and bureaucrats to inflate their way out of the debt.

Of course, those on fixed income, the poor, and anyone with savings in dollars will be totally screwed.

A silver round may make the difference between eating and not.

# # # # #

Please leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s