fiat money
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ANALISIS HARGA EMAS DI MALAYSIA SEPANJANG 25 TAHUN
1) Sekiranya anda meneliti graf harga emas di Malaysia sepanjang 25 tahun lepas, anda akan dapati ianya masih dalam trend yang digelar "secular bull market".2) Trend pasaran sekular (secular market trend) adalah trend jangka panjang yang boleh berlangsung sehingga 25 tahun dan terdiri daripada beberapa siri trend utama, sama ada menaik (bull) atau menurun (bear) .3) Berbalik pada no 1... -
Four reasons why you shouldn't count gold out just yet!
Remember gold? It seems like only six years ago the shiny metal was flavor of the month, hitting a record $1,900 a troy ounce while its backers prophesied the end of the fiat money system. With bitcoin sucking up all the crazy in financial markets, gold looks to have lost its luster. The CBOE/Comex Gold Volatility Index, a rough proxy... -
Peter Schiff on America’s middle-class crisis: ‘We used to be the envy of the world’
The Pew Research Center, a nonprofit think-tank in Washington, D.C., released a major report Monday on America’s shrinking middle class. Peter Schiff, the chief executive of Euro Pacific Capital, and a market pundit who often espouses what critics describe as a bearish outlook for the equity market, says the middle class has been gutted by over-regulation, an escalating cost of living... -
Venezuela's Money Supply Soars By A Record 200%
Two weeks ago, Reuters reported that due to "unexplained" reasons, the Venezuela central bank had stopped publishing its M2, or money supply, data. The M2 money supply was up by nearly 180% in mid-February from a year earlier, according to the central bank before it halted the release of the weekly data without explanation in February. "If they are not publishing, you... -
The Unnatural Nature of Fiat Money
Imagine if you are doing this experiment; walk along the mall’s corridor while holding a packet of rice and approach the first shop assistant you see. Take out a piece of RM10 from your wallet and ask him or her which one is money; the rice or the RM10 note? Most of the time there is a good chance that... -
Worthless Paper - Zimbabwe (The Chaos of Zimbabwe's Multicurrency Regime)
By: Farhah Aziz Zimbabwe; a landlocked country known for Victoria Falls, Robert Mugabe and indeed the hyperinflation crisis. Who hasn’t heard of the infamous phase of hyperinflation crisis plaguing the country in the late ‘90s stretching into early 2000s? The annual inflation rate was indeed extremely staggering with a record high, 500 billion per cent as of 2009, ranked the...