What you need to know
Debasement of Currency is one of the oldest con-games in the world.
Click here to download a list of 177 documented cases of Fiat Currency Failures.
The Chinese began issuing currency in about 600 BC during the Tang Dynasty, more than 500 years before the first Europeans would. When Marco Polo visited in 1200 AD the Khan had written on his currency
“All counterfeiters will be decapitated.”
He didn’t mess around! China would later in 1455 eliminate paper currency after numerous financial crisis’ and massive, constant inflation.
Links
Gold Price Reference Charts Data
SUB-LESSONS BELOW
- General Inflation
- Gold During Crisis’
- Modern Examples
- United States of America
- German Hyper Inflation
- Zimbabwe
- Roman Empire