Gold is money, everything else is credit. (when I say gold, I mean gold/silver).
Most everybody do not realize the extent of the battle in the history of the USA has been between hard money and “elastic” money. Between a stable money supply versus boom-busts inflation-deflation economies.
Much blame for business cycles and ALL our wars can be blamed on central banking (aka, central bankstering). From the First Bank of North America, First Bank of the United States, Second Bank of the United States, to Jekyll Island/FED. There were very few, if any, years of clean banking and money in this nation - a bit from Jackson, some attempts by Lincoln, JFK. And, now Trump (work in-progress).
Gold is money, everything else is credit.
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Exeter’s Pyramid. Fascinating explanation, the “ original “ by Exeter and today’s revised Pyramid. ALL of the world’s financial crisis’s are explained by it. One look at today’s “ investment’s” show how we stack up, it’s time, again.
https://sdbullion.com/blog/financial-crisis-protection
The sad part, today’s “ investors” have never heard of Exeter ( but the world’s Central Banks have)…. best for the youngsters to gain some Wisdom and Knowledge.