Goldtent TA Paradise

Does Inflation Lead To Civilizational Collapse? A Look At Rome

1. Columbia says:

   May 15, 2024 - 6:15 pm at 6:15 pm

   Sure appears as if we are heading to the same fate.

   At some point in time, there will be a mad rush into Precious metals to protect purchasing power. We are just at the beginning. Very few own PM’s.

   Gold and Silver are insurance against loss of purchasing power, well managed PM mines will multiply one’s wealth.

2. Plunger says:

   May 15, 2024 - 7:35 pm at 7:35 pm

   No you have it wrong. Inflation is not a cause of this so called civ collapse. Inflation is merely a symptom to the underlying moral decay which leads to civilization collapse. It is an important distinction

   • pedro_deleon says:

     May 15, 2024 - 8:02 pm at 8:02 pm

     Yup. Was going to post the same thing. Might seem like semantics but its not.
     On top of that, higher prices are the RESULT never the cause.
     It can be due to excess credit, or clipping, debasing, or chronic supply issues.

     “I didn’t write the piece.”
     But you posted it without qualification.
     If you don’t agree with THE HEADLINE, then say so.
     We are doing that.

     • Chartsmaster says:

       May 15, 2024 - 8:15 pm at 8:15 pm

       Again with your ridiculous trolling. He was wrong in his criticism of the author’s point. I am not sure what you are agreeing with but I really don’t care because your comments always are geared just to attacking me. Don’t comment on my posts. Write your own nonsense like you always do with references to people no one has any idea who you are referring to with your stupid abbreviations and ridiculous commentary. No one reads them because you are CLUELESS.

3. Chartsmaster says:

   May 15, 2024 - 7:48 pm at 7:48 pm

   I didn’t write the piece. The author was pointing out that the debasement of the currency (inflation) is what led to the collapse. He documented it quite well. While civilization also exibited moral decay, one can argue that even with that occurring, if the currency remained sound, the moral decay could have continued for quite some time. It is partially a chicken and egg argument but I believe he provided an excellent historical precedent for what happens when you debase the currency.