The Life Cycle of Money

A Monday Morning Musing from Mickey the Mercenary Geologist

by Mickey Fulp, The Mercenary Geologist
Gold Seek

In the aftermath of the global economic crisis of 2008-2009, governments throughout the world have fostered a tenuous recovery predicated on massive increases in money supplies and debasement of currencies.

Note however, that monetary debasement is not a recent phenomenon; it is simply the natural life cycle of money.

There are six well-defined stages in the life cycle of money. This progression has occurred in every dominant civilization over the 5000 years of recorded human history:

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