![Screenshot_20231105_215305_Chrome.jpg](https://images.hive.blog/DQmSLNJUFTBqWR7Egdd3TNhGha85CfqTSCvMhvQuKokRRfr/Screenshot_20231105_215305_Chrome.jpg) [SOURCE](https://i.ytimg.com/vi/Xo0BnkpwUL0/sddefault.jpg) Have you ever given a thought to the perplexing question of why your hard-earned "money" appears to steadily lose its purchasing power while silver and gold remains an enduring emblem of wealth? If so, you're certainly not alone in your contemplation..... The realm of finance is undergoing a subtle yet profound transformation, and the global geopolitical landscape is seemingly hastening the impending collapse of the current monetary system. Fiat currencies, such as the US dollar and the British pound, have quietly been shedding their purchasing power in plain sight. In today's context, the dollar retains only a paltry 2% of its value from the 1970s, while the pound fares far far far worse, hovering at a mere 1% of its original purchasing power. Remarkably, while this devaluation unfolds, many individuals still place their trust, and future financial security in these paper currencies, relegating gold and silver, often regarded as the quintessential form of genuine currency, to the shadows of a bygone era. So, why do we persist in ascribing value to currencies that are slowly losing their luster? The answer unravels a captivating narrative that could reshape our comprehension of the world, wealth, and the concept of money as both you and I know it. ![Screenshot_20231105_215633_Chrome.jpg](https://images.hive.blog/DQmYc7gGh22JcacDeLMmtATiR1uMrDmr32Mrd3vDdddxFB9/Screenshot_20231105_215633_Chrome.jpg) [SOURCE](https://static.news.bitcoin.com/wp-content/uploads/2019/05/EOOJ6Yab-toilet-paper.jpg) Among the enigmatic questions left unanswered is how an unbacked paper currency manages to retain its value as a medium of exchange. Some argue that it hinges on trust in the government and its fiscal stability, while others assert that the citizens' obligation to pay their taxes in their specific cpuntries currency ensures its perpetual demand. Nonetheless, these explanations overlook a crucial element: the repercussions of relentless currency expansion, all while governments assert its legitimacy. Sometimes, this expansion may appear innocuous, but in other instances, it can yield dire consequences. Essentially, these explanations fail to account for why we continue to accept the devaluation of our currencies. Most people are content with the status quo and reluctant to disrupt the system. However, there are those, like myself, who advocate for change, seeking to restore money to its origins to preserve its purchasing power and avoid shortchanging the fruits of our hard work. Join me on an intellectually stimulating journey as I delve into this intricate issue!! Throughout history, precious metals like gold, silver, and copper have served as the cornerstones of trade and commerce, acting as mediums of exchange, a point we can all agree on, right? So, why the shift from metal to paper? Whom did this transformation benefit? It certainly wasn't the diligent public who ended up on the losing side. Over time, this system evolved into a sophisticated fusion of money and *credit*, with the introduction of banknotes and bank deposits. ![Screenshot_20231105_220044_Chrome.jpg](https://images.hive.blog/DQmbkMCTpXq4kif8vX82AhrWpsNb5G3dwfNk7oKoE7tAJt4/Screenshot_20231105_220044_Chrome.jpg) [SOURCE](https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2Fjue9rhjq25331.jpg) In this system, where the value of credit became intrinsically linked to genuine currency, economic stability was upheld for centuries. The creators of money are no longer the ones in control; the power now lies with the central bankers and currency "printers." The transition from tangible currency to paper money has been so gradual that most of us have scarcely noticed it unfolding. With the roll out of "cashless society" and digital money, weve given more power to bankers and relinquished our own ability to be our bank by holding precious metals. The gradual erosion of purchasing power in comparison to gold can persist indefinitely, as long as the circumstances permitting it remain relatively benign. Furthermore, the absence of a viable alternative makes it inconvenient for us to entertain the idea that our currency might one day become worthless. We hold onto the belief in its utility until its depreciation becomes too conspicuous to overlook. ![Screenshot_20231105_215946_Chrome.jpg](https://images.hive.blog/DQmUwbaSxY4NSgq3YxJncaQuTs1LoRuPciGA7HGSJgmKRqH/Screenshot_20231105_215946_Chrome.jpg) [SOURCE](https://i0.wp.com/www.rense.com/1.imagesH/gator_dees.jpg) With these financial shifts unfolding, it's high time for us to reevaluate our notions of wealth and value in this ever-evolving landscape. The widening gap between fiat currencies and gold poses fundamental questions about the sustainability of our monetary systems. As current events hasten our recognition of this divergence, the day when people return to the timeless allure of authentic money may be nearer than we think. It's a moment for us to contemplate the future of currency and its role in shaping our dynamic financial world. ![Screenshot_20231026_064937_Chrome.jpg](https://images.hive.blog/DQmUS9iGEqdVFP8cYvsWSWDXyrLDn7U7KwDiySoKg3QbSry/Screenshot_20231026_064937_Chrome.jpg) If you dont own any precious metals, then why not tell us? As a community we encourage **ALL** engagements and encourage everyone to take the plunge and own at lease a sinlge ounce of silver or a fraction of gold. If your struggleing to find a safe and secure place to buy, reach out to the community as there is always someone willing to offer their time and advice to help you out. ![Screenshot_20220214-214651_Chrome.jpg](https://images.hive.blog/DQmZP2jC4LH2SBXTKPcY2vSYmwpzBwqm3sSFRMmqYUZEvuQ/Screenshot_20220214-214651_Chrome.jpg) 40+yr old, trying to shift a few pounds and sharing his efforsts on the blockchain. Come find me on [STRAVA](https://www.strava.com/athletes/20624817) or actifit, and we can keep each other motivated . ![Screenshot_20211227-214606_Chrome.jpg](https://images.hive.blog/DQmXnu9NewJF9z3ZE8EtJBnLf4EYh9pvphNMdQffAp9zBHf/Screenshot_20211227-214606_Chrome.jpg) Proud member of #teamuk. Teamuk is a tag for all UK residents, ex-pats or anyone currently staying here to use and get a daily upvote from the community. While the community actively encourages users of the platform to post and use the tag, remember that it is for UK members only. Come join the community over on the discord channel- [HERE](https://discord.gg/D2zBEV4R)

Want to find out more about gold and silver? Get the latest news, guides and information by following the best community on the blockchain - #silvergoldstackers. We're a group of like minded precious metal stackers that love to chat, share ideas and spread the word about the benefits of "stacking". Please feel free to leave a comment below or join us in the community page, or on discord. ![Screenshot_20211019-213209_Chrome.jpg](https://images.hive.blog/DQmZzR6HMPg72E38nKwzqL2xvkWaaThkXp5KP1ifpSTgSzB/Screenshot_20211019-213209_Chrome.jpg)

RE: Reflection Hunters Contest ~ Round 130 Announcement 🎺!