by Steve St. Angelo
As Central Banks continue to prop up the financial system with massive monetary printing, the death of paper money grows closer each passing day. While it is true that the Fed and Central Banks have been able to postpone the day of reckoning much longer than most precious metals investors imagined, the inevitable collapse of the fiat monetary system will turn out to be much worse.
There have been over 3,400 fiat currencies, and all of them have failed. According to the article on Washington’s blog, The Average Life Expectancy For A Fiat Currency Is 27 Years … :