DOTLAN EveMaps

"I believe that the best investment that you can make in your lifetime is your own education. Education on the history of money, education on finance, education on how the global economy works."
- Mike Maloney

"Your true wealth is your time and your freedom. Money is a trading tool that stores the economic energy that is your time and freedom, whereas currencies leak them away. Gold and silver are the ultimate money, simply because of their properties. Fiat currencies are based solely on confidence, and always return to their intrinsic value of zero. Governments don't like gold, because it imposes restraint. Rising prices are a symptom of an expanding currency supply, and gold and silver always account for an expanding currency supply."
-Mike Maloney

"Expansion of a currency supply equals devaluation of the currency, and devaluation of the currency equals inflation of prices. Thus, a society that uses fiat currency is doomed to long-term inflation, while one that uses money instead of currency is completely immune to it."
- Mike Maloney

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."
- Alan Greenspan

"Inflation is embezzlement by means of diluting the purchasing power of individuals. The source for this act of embezzlement is increases in money supply out of thin air. The increase in money out of thin air sets in motion an exchange of 'nothing' for 'something' or the diversion of real wealth from wealth generators to the holders of the newly created money."
- Frank Shostak, Mises Institute