Comments on: Fiat Currency Vs Hard Currency? http://fulltradermarket.com/fiat-currencies/fiat-currency-vs-hard-currency Market talks Wed, 17 Mar 2010 04:37:59 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Hesham http://fulltradermarket.com/fiat-currencies/fiat-currency-vs-hard-currency/comment-page-1#comment-3781 Hesham Sat, 16 Jan 2010 08:55:59 +0000 http://fulltradermarket.com/fiat-currencies/fiat-currency-vs-hard-currency#comment-3781 There's not enough gold out there. There it is, pure and simple. Furthermore, no country in the world still uses the gold standard; our money would be worthless.<br><b>References : </b><br> There’s not enough gold out there.
There it is, pure and simple.

Furthermore, no country in the world still uses the gold standard; our money would be worthless.
References :

]]> By: Mike http://fulltradermarket.com/fiat-currencies/fiat-currency-vs-hard-currency/comment-page-1#comment-3780 Mike Sat, 16 Jan 2010 08:05:59 +0000 http://fulltradermarket.com/fiat-currencies/fiat-currency-vs-hard-currency#comment-3780 Fiat does not protect against inflation and under our current system, the people have no control over the value of their hard-earned dollar. Hard currency protects against inflation and will retain or increase in value, but can cause instability with global trade, since it changes absolute prices instead of relative prices. One of the problems with a strict gold-standard is that mining gold to keep up with a growing economy is more expensive than printing more money.<br><b>References : </b><br> Fiat does not protect against inflation and under our current system, the people have no control over the value of their hard-earned dollar.

Hard currency protects against inflation and will retain or increase in value, but can cause instability with global trade, since it changes absolute prices instead of relative prices.

One of the problems with a strict gold-standard is that mining gold to keep up with a growing economy is more expensive than printing more money.
References :

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