The fluctuating exchange rates between the dollar and all other currencies, however, should not distract from one important thing: the purchasing power of all currencies, including the dollar, has been declining year after year. This is reflected in the continued rise in the price of gold.
Paper, considered as a material whereof to make money, has none of the requisite qualities in it. It is too plentiful, and too easily come at. It can be had anywhere, and for a trifle....Paper money appears at first sight to be a great saving, or rather that it costs nothing; but it is the dearest money there is.... The only proper use for paper, in the room of money, is to write promissory...
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero