Wealth Is Not Paper Money

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Dear Bob,

Is wealth and ownership of paper money the same thing?

Anonymous

Dear Anonymous:

Wealth is not paper money. In fact, paper money destroys wealth. If you are holding your assets in paper money, your assets are melting, causing big losses. People think of rising prices as inflation; but in reality, rising prices means depreciating paper money. If you own gold and silver coins, you are seeing your wealth increase. You are ahead of the crowd and will be able to buy bread when others are starving and their paper money is suitable only for toilet paper.

Best wishes,

Bob

 

Personal Liberty

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • real talk 1

    No matter the currency or the idea of what it can do if the mass population decide it’s not worth to them no matter the value it really won’t make much difference what it is ,if man won’t go to war for or in the name of your money work for you what good is it then ?This so called new world order is just like it sounds if the population thinks it’s foolish to pursue we don’t have to obey that command after all it’s not worth much when man won’t go to war for it. the people run the world and we will use our ideas to live in it