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RE: Many People Are FLEEING Their Cities and America Too! Where Can You Go?
Of course it does Fiat currency will always be devalued until it finally reaches its intrinsic value of zero.
Of course it does Fiat currency will always be devalued until it finally reaches its intrinsic value of zero.
All value is subjective. Nothing really has intrinsic value, but I get your point. I suppose in a perfect world, fiat currency could have value, but the problem is that central bankers are human and are always going to cheat the consumer and water down the currency as time goes on, until the value is zero, as you say.