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<p>[QUOTE="GDJMSP, post: 1140666, member: 112"]I'll probably regret this, seems I always do. But anyone who thinks that inflation is somehow caused by fiat currency needs to read a little history.</p><p><br /></p><p>Inflation has been around since the dawn of time, since before there was money. And some of the most inflationary times the world has ever seen took place when gold and silver were the only forms of money to be found. And it has been that way for centuries, millenia even !</p><p><br /></p><p>Inflation has absolutely nothing to do with the form of money being used. Inflation is caused by the production and distribution of goods and services. And nothing else. And there is nothing that anybody can ever do to stop inflation. The best you can ever hope for is to slow it down by finding that fine balance in the production and distibution of goods and services. It has been that way since the dawn of time and it will always be that way.</p><p><br /></p><p>But ya know what ? No matter how dire the circumstances may seem to the people of any given point in time - life always goes on. The world does not come to an end <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1140666, member: 112"]I'll probably regret this, seems I always do. But anyone who thinks that inflation is somehow caused by fiat currency needs to read a little history. Inflation has been around since the dawn of time, since before there was money. And some of the most inflationary times the world has ever seen took place when gold and silver were the only forms of money to be found. And it has been that way for centuries, millenia even ! Inflation has absolutely nothing to do with the form of money being used. Inflation is caused by the production and distribution of goods and services. And nothing else. And there is nothing that anybody can ever do to stop inflation. The best you can ever hope for is to slow it down by finding that fine balance in the production and distibution of goods and services. It has been that way since the dawn of time and it will always be that way. But ya know what ? No matter how dire the circumstances may seem to the people of any given point in time - life always goes on. The world does not come to an end ;)[/QUOTE]
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