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Yours FREE: Inflation History: The Rise and Fall of the U.S. Dollar

Inflation History: The Rise and Fall of the U.S. Dollar

Concerned about how future inflation may affect your finances? Get our FREE report on the history of inflation and its impact on the U.S. dollar.
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What is inflation? In layman's terms, it's when your money doesn't buy as much as it used to. Sometimes price inflation is caused by a change in the normal supply/demand forces of the marketplace.

But there is another cause of inflation — and it's what we focus on in our free report: Inflation History: The Rise and Fall of the U.S. Dollar. This kind of inflation is related to the supply of money available. It occurs when too much money begins to circulate, lessening the value of money. In extreme cases (and there are notable historical examples), this "oversupply" can unleash a powerful inflationary trend called "hyperinflation" that can destroy the value of one's life savings.

The economic events of the past two years, and the government's response to them, have many people wondering how long it will be before inflation returns — and how strong it will be. Inflation History: The Rise and Fall of the U.S. Dollar shows what is at stake when central bankers sharply ramp up the money supply.

To help you understand inflation and its impact, we take you back to the birth of money and explain how the need for money has grown in response to society's need to facilitate trade.

What is money? It's simply anything a person will accept in an exchange for a product or service with the expectation of being able to trade it later for something else.

Certain characteristics make some items more suitable than others for use as money:

  • Intrinsic value
  • Durability
  • Divisibility
  • Consistent quality
  • Valuable in relation to weight
  • Scarcity

The reason gold has been used as money for thousands of years is that it has all of these suitability characteristics. And, despite some ebb and flow, it has proven itself as a reliable "storehouse of value."

Consistent value is important because, to be accepted, whatever is used as money must have the ongoing confidence of buyers and sellers. No government can, for long, force its people to use a form of money that they distrust.

Despite its attractive characteristics, however, gold has physical limitations that gave rise to the use of paper receipts (paper money) to represent gold. This, in turn, fueled the establishment of trusted institutions (i.e., trusted to hold gold and dispense paper receipts) that we know as banks. Unfortunately, banks tended to create inflation because the paper receipts used to represent gold grew faster than the real items of value they represented.

With the formation of a central banking system in the U.S., inflation remained more controlled — for a time. But ultimately, restraints on money creation were tossed aside as the U.S. dollar as currencies world-wide became decoupled from the gold standard. This is what led to the annual double-digit inflation in the U.S. in the 1970s. And, in light of recent policy, it is not inconceivable that such a level of inflation could occur again.

This vital information is available to you free in Inflation History: The Rise and Fall of the U.S. Dollar — take advantage and get your copy today.

This report will provide you with an understanding of what money is, how it works, and how too much money has lead to inflation in the past . And you'll see why many people are concerned that conditions are ripe for a future inflationary spiral.

Over just the next decade, the U.S. will face budget deficits roughly equal to all the deficits combined from 1945 to 2008.

How will these huge deficits be funded? Partially by tax increases, but mostly by the Federal Reserve simply creating more money.

Your FREE special report Inflation History: The Rise and Fall of the U.S. Dollar looks at how both current monetary policy and government spending appear to be moving us toward a dangerous situation — a situation in which you'll be wise to heed God's protective financial principles. This is a great opportunity to tap into the expertise that has made Sound Mind Investing America's Premier Christian Financial Newsletter. I hope you'll act now to take advantage of this FREE special report.

Sincerely,
Austin Sig
Austin Pryor
Founder / Publisher

Inflation History: The Rise and Fall of the U.S. Dollar Yes! Send my FREE copy of Inflation History: The Rise and Fall of the U.S. Dollar.


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