“No currency remains in use much longer than a single lifetime. In recorded history, since the first century Roman currency, it and every currency to follow has gone the way of the dinosaur. Traditionally only one currency at a time is prominent in global trade as a standard medium of exchange. Spain, the Netherlands, France, Britain and the United States have all had the dominant currency at different times in the last 500 years. If you believe the U.S. Dollar will be an exception to the fact that all past currencies have failed, time will most likely prove you wrong, and it will cost you dearly.”

Category Published on 31.10.2014