>Anybody that regularly uses the term “fiat currency” in a sentence should no longer be trusted on matters of finance.
Au contraire mon frere. Anybody that trusts “fiat currency” in an economy should no longer be trusted on matters of finance.
Peter Schiff, Jim Rogers, or Gerald Celente, for example, I would trust to invest my money.
You and the Keynesian economists, not so much.
Don’t forget, Schiff likes real money and he was right all along:
Peter Schiff Was Right 2006 - 2007 (2nd Edition)
http://www.youtube.com/watch?v=2I0QN-FYkpw
Better rethink your position, lest you wind up featured on the upcoming 3rd Edition!
Keynesian? Not hardly. Do you even know who he was?
All money is fiat currency. None more so than gold.