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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 464.70+1.5%Jan 26 4:00 PM EST

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To: Elroy Jetson who wrote (28720)1/28/2008 9:22:07 PM
From: elmatador  Read Replies (1) of 219785
 
In modern economies with stable money, the expansion in money supply is offset interest paid on the money. In this way money, even fiat money, remains a "store of value".

Ypou've descirbed the Brazilian Real as a store of value due to this basic economics.

Price stability.
Predictable
Politically stable
11.25% interest rate
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