Monetary debasement has been a recurring process throughout economic history, with governments and central banks seeking ways to manage mounting debts and economic crises. In its simplest form, debasement refers to the reduction in the value of a currency, historically through lowering the precious metal content (such as gold and silver) in coins, and in modern times through excessive creation of money. While these measures have sometimes provided short-term relief, they carry hidden costs that can have profound long-term implications. Bruno Lamoral, CFA and Ewout De Brauwer take a closer look at the topic: https://lnkd.in/gA_HszEk #monetary #policy #ECB #FED #Gold #Bitcoin --Marketing communication-- Investing incurs risks. Past performances do not guarantee future results.
