How is it that a communist county can have sound money and we cannot? Something is extremely wrong here.
Which Communist country do you think has sound money?
Russia—the ruble is crap.
China— a mystery, with lots of opaque debt, continually devaluing against the dollar to keep exports competitive.
Frankly, I don’t know of any country that has sound money and sound policy at this moment. The Swiss held out the longest, but they have to keep their currency from strengthening too much against the Euro.
Money as a store of value is going to undergo some ups and downs over the next decade, IMHO.