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Re: Inflation and the Fall of the Roman Empire
Thanks for sharing this article. It was very interesting. European countries, Russia, and China stacking up gold are sending the clear message that when the fiat currency fails, gold will play an important part in the international trade system.
It is obvious to me that it is just a matter of time. Western civilizations won't start the switch. It is a political suicide. They will be forced to. It will most likely come from countries getting more and more powerful, like China, at some point saying that they accept gold for payment of their exports, and eventually only accepting gold for those payments.
Changes like that would drop the dollar value tremendously, causing a disruption in the Western's economies, which is exactly why China and Russia want.
Have no doubt, currency stability is a weapon, and fiat money is the time bomb.
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