When it comes to creating and maintaining wealth and understanding the value of money, there are many schools of thought. Those who are spiritual believe that items like Laughing Buddhas, jade plants, ...

Discover the differences between fiat money and legal tender, their roles in the economy, and why it matters for your financial insights.

Money is key to markets, enabling trade and economic calculation. Its value, its purchasing power, is eroded by inflation, which benefits the connected at the expense of savers. Nothing is as crucial ...

Fiat money and commodity money represent two distinct forms of currency, each defined by what gives it value. Fiat money is government-issued currency that has no intrinsic value but holds purchasing ...

Whenever gold rises and I get excited as a gold investor, I’m often met with the familiar refrain: “Gold isn’t really going up, the dollar is just losing value.” I used to brush that off as a cliché ...

A few years ago, my mother’s home was flooded and very badly damaged. During a cold New England weekend, a pipe burst in the attic. Water made its way through the entire house, soaking the carpets and ...

Inflation is caused by the growth of the money supply, and gold is a strong hedge because it rises alongside it. I realize there’s a noticeable discrepancy between the roughly 80% loss of purchasing ...