Below is Fitzwilson’s
exclusive piece for KWN:
Fitzwilson: “The reality of
currencies is that they represent unfinished transactions. Currency was
invented to make the movement of wealth less hazardous and the storage of wealth
more convenient and secure. Transporting gold and silver in the past was
cumbersome and dangerous.
That said, it is critical to remember that currencies
are not wealth, but simply a mechanism for the exchange of goods and services in
the present, as well as a way to defer such exchanges to a later time such as
retirement..."
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