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Mike Maloney

A fiat currency always fails – what leads to this and how it affects you

January 30, 2017by Margarita Leave a Comment

In the previous writings, I stated that a fiat currency always fails, earlier or later. In fact, according to a well-known monetary historian and finance educator, Mike Maloney, the average life expectancy of a fiat currency is 27 years. It all began with Mike’s family accountant. Failing account, to be accurate. He was the one … [keep reading..]

Posted in: Gold economics Tagged: fiat currency, inflation, IOU, Mike Maloney, quantitative easing, recession

What is the cycle of money?

October 3, 2016by Margarita 2 Comments

*Updated Oct 19, 2019 ~~~ What is the cycle of money in finance? The life cycle of money is not as quick as that of a butterfly but worth all the attention. You may have noticed that in life everything goes in cycle. Money is not exception. Basically, the life cycle of money is when … [keep reading..]

Posted in: Gold economics Tagged: fiat currency, life cycle of money, Mike Maloney, purchasing power

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