From smartknowledgeu
Published on Oct 16, 2013
Throughout history there have been 775+ fiat currencies backed by nothing. Not ONE has survived the test of time, with the average lifespan being 27 years after huge price devaluation of said currencies. The only currencies that have held their value over 100s of years have been hard currencies backed by gold.
Published on Oct 16, 2013
Throughout history there have been 775+ fiat currencies backed by nothing. Not ONE has survived the test of time, with the average lifespan being 27 years after huge price devaluation of said currencies. The only currencies that have held their value over 100s of years have been hard currencies backed by gold.
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