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Fiat Currency VS Gold

What Future Does Our Monetary System Hold?   With the value of our dollar decreasing every day, inflation rising through the roof and the country steadily increasing our national debt. Since 1971 when President Richard Nixon announced that the U.S. dollar would no longer be backed by gold, the federal reserve has printed a substantial amount of paper dollars. Which inevitably has decreased the value of our currency and increased price per domestic good. Just think about it, as a child I remember when $3 could go a long way. The price of gas was .99 a gallon, 1 dozen eggs $1.06 and a loaf of bread was .87, but now a days that same $3 won't buy you one of those things in the year...

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