This is the only valuable”in the strict sense. That money is losing its value so accelerated. What do you mean? Suppose you work, draw up a surplus, put it aside, because you need more of them to make an expensive purchase. Suppose you set aside each year 1000, to buy something for 10,000 in 10 years. But in 10 years, the acquisition will cost 20,000 already. So set aside another 10 years 1000 each. And after the 10 years, the acquisition costs already 35.000. etc. (Similarly see: Bitcoin).
You see, inflation makes you poor she eats your excess from your work performance. Can I do not somehow protect me from inflation? We think once the following scenario: instead of putting surpluses every year 1000 from the prepared aside, you buy the appropriate amount of gold for 1000. “I choose gold, because gold is one thing, each of us with valuable” brings together. See also: finance.heaven11.net/Gold.html. After 10 years, you have bought for 10,000 gold.
The gold will 20,000 worth now but about, because it has a constant value of Yes (already for more than 5,000 years). If you want to make your purchase by former 10,000 now, replace the gold into money back again, getting 20,000 and can afford so your purchase. The fact that you immediately changed your earned surpluses in one thing (in gold), you have beaten inflation down. How about savings, life insurance, federal Treasury bonds? Many people trust in the crisis on the State with his promises of security. We assume you think this talk. You put your money in U.S. Treasury bonds in the stead guarantees the refund of your money. Get even 3% interest; great! Again set aside every year 1000 and for it to buy U.S. Treasury bonds. After 10 years, you get back to 11,800. After all, you get your money back.