xpatUSA

How to Explain Fiat Currency to Silverbugs

marxbites:

We can do without the epithets, thank you!

The Real Story of Precious Metals' Returns

Gold, Oil, Corn, Dollar, Euro, Yuan, Stocks, Bonds, etc, etc, etc ad nauseam - all floating up and down against each other by the minute, the day, month, year, decade, century, etc.

All have been presented at some time or other, in various combinations and ratios over various time-periods to make some behavioral point and/or to portend the future.

To a non-economist, it's all very confusing . . . . is there really not any single asset in this world that can be considered absolutely constant in it's value to mankind, against which all other assets can be meaningfully compared?

(when I was younger, it was claimed that the Mars bar was such an asset, but my question above is a little more serious).

T.C.