As assets deflate money becomes more valuable. Something that can be created via a few keystrokes is not money, it is counterfeit pure and simple.
Gold is money, always has been, and will be so long as human nature remains intact. Every government which has tried to issue money via fiat has failed miserably. Even the most powerful authoritarian regimes have collapsed because of loss of faith in the currency. You can not pay a population with monopoly money and expect the confidence to last forever. The deception collapses due to the greed and ineptitude of those operating the printing presses.
Gold Is Set to Regain Its Shine [View article]
Gold is money, always has been, and will be so long as human nature remains intact. Every government which has tried to issue money via fiat has failed miserably. Even the most powerful authoritarian regimes have collapsed because of loss of faith in the currency. You can not pay a population with monopoly money and expect the confidence to last forever. The deception collapses due to the greed and ineptitude of those operating the printing presses.