Why Our "US Greenback Dollar" Money Continues to Fail and Decrease in Real Value Via Inflation

If you have read any of my former "tirades" about our federal "fiat money" *Federal Reserve Notes"- based comments, I figured you also deserved to know why our currency is failing (dropping 20% in value in just the last 18 months).

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Like a teenager with a limitless credit card, our federal government via "The Fed" is spending money like it is going out of style...which, believe it or not, is precisely the case.

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Fiat money, that is, money not backed by precious metal reserves, has always become worthless in time throughout documented human history...no exceptions.   Real money is precious metals: silver and gold and not paper or electronic tied to any "fiat" currency where the currency is called money only because the federal government says it is...and just when was the last time the federal government lied to you?  

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Why does "fiat money" always fail?   Here's an explanation you can "take to the bank': "The value of "fiat money" is solely dependent on the public citizen's collective trust and perception of well-being under their government's financial and moral behavior and that also of the central banks.   The public trust in our government and in Wall Street as well as in the central bank (in the US also known as The Federal Reserve) is on the wane and declining further on a daily basis."

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When the "fiat money" in time is percieved by the citizens as worthless...it will be so.   But silver and gold are valuable in their own right and have been for over 4,500 years!   Oh, and let's don't forget, "fiat" money is monetized debt and today is created by "The Fed" out of thin air..."The Fed" and no bank has ever in history created silver or gold out of thin air...and now you know why the "banksters" hate precious metals!

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Did you ever realize that besides all the taxes our local, state and federal governments "milk" from us in direct taxes on our earnings, sales taxes, property taxes, etc., that inflation is also a tax and actually has caused the true value of the U.S. dollar-denominated earnings of middle-income families in the USA to see no increase in spending power over the past ten years time?   That is the meaning of the phrase: "The lost decade" in wealth generation and retention. 

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NOW you know why I so strongly recommend that YOU own a bit of gold and a bunch of pre-1965 monetized US circulated 90%-silver content coins (US dimes, quarters, half dollars and silver dollars minted prior to 1965) and survival supplies that provide at least 40 days' worth of such provisions for each and every member of your household.    I have a list of those items and you can get yours e-mailed to you if you write me at Tom@TomBlairEA.com and ask for "U S household survival list."  

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At least food for thought and even possibly a motivation not to wait on acquiring "survival silver", and even at least 40 days per person of emergency supplies, is it not?

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Repectfully submitted,

Thomas Avery Blair

<>Federally-Registered Tax Preparer

<>Federally-Licensed Enrolled Agent

<>31 Years' Experienced and Skilled Wealth Retention Consultant