http://www.npr.org/templates/story/story.php?storyId=87767854
@ 25:11
NPR's call in show, Rich from Savannah Georgia called in. The show is about stagflation, and investing. This young guy Rich calls in, explaining that we should invest in commodities, which are inflation proof, like gold and silver. It's cause the US spends too much, and we print too much money.
The guest ranted against his idea, since she said that you should diversify, not put all your eggs in one basket.
Then Rich ended by saying that every fiat currency has eventually collapsed.
@ 25:11
NPR's call in show, Rich from Savannah Georgia called in. The show is about stagflation, and investing. This young guy Rich calls in, explaining that we should invest in commodities, which are inflation proof, like gold and silver. It's cause the US spends too much, and we print too much money.
The guest ranted against his idea, since she said that you should diversify, not put all your eggs in one basket.
Then Rich ended by saying that every fiat currency has eventually collapsed.
