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Wealth Is Not Paper Money

August 26, 2013 by  

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

 

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 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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