by Gary Christenson
Silver Seek
[…] BACK TO BASICS:
a) Commercial banks and central banks devalue their fiat currencies by creating currency units faster than their economies grow.
b) Devalued currency units buy less. Prices rise.
c) Higher prices for stocks, food, trucks, cigarettes, energy, and necessities are a “fact of life.” We are numb to continual price inflation, “shrinkflation,” and fudged official inflation statistics.
d) The game is fixed, prices rise, stocks are levitated by central bank “printing,” and gold and silver prices rise accordingly… unless we experience a devastating financial reset.