Fiat Will Be a Passing Fad In the History of Money – Deutsche Bank Strategist

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Fiat Will Be a Passing Fad In the History of Money – Deutsche Bank Strategist

Fiat money will be a passing fad in the long-term history of money, while gold, as a hedge against government money, is outperformed by equities in the long run, according to Jim Reid, Research Strategist at German banking giant Deutsche Bank.
In a note to clients on Wednesday, he admitted that even as he’s ‘a gold bug’ due to the bleak future of fiat money "in my  Read more »
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