Currency Vs. Money

Currency Printing – Is There A Limit?

Currency and money are both a medium of exchange, but they are not both the same. According to the Constitution, money is gold and silver. Why? Gold and silver cannot be printed. Gold and silver require labor and are something that is limited in availability. Not only is paper for printing dollars abundant and virtually unlimited, but you can add 0’s to increase its (supposed) value. For example, if you have a one dollar bill and add a 0, you have a ten dollar bill, add another 0 and you have a one hundred dollar bill, and another 0 a thousand, another 0 ten thousand and so on. In Zimbabwe, they had billion dollar bills. An arm load of them would buy you a loaf of bread.

Printing money is fraught with temptation. Increasing the currency supply without increasing the supply of goods and services being demanded will drive up the price because the value of the currency is being devalued when it is increased. Increasing credit is the second part of the inflation equation. In this writer’s lifetime, the price of a candy bar has gone from $0.05 to $1.25 or more. Did the candy bar get any bigger or better? Historically, one ounce of gold has bought a good man’s suit – it still does.

For the above reasons, the Founding Fathers mandated gold and silver for money. It has a required weight measurement of gold or silver grains to equal a dollar. God condemns unjust weights and measures, and monetary inflation is criminal and Biblically wrong.

1 oz. Gold – Same Yesterday, Today & Tomorrow

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Pensamiento Peligroso writes the truth as he sees it, and if it upsets you, then it makes you think!

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One comment

  1. […] Here’s a valuable repost to understand the increase in the money and credit supply. CURRENCY VS. MONEY […]

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