May 6, 2025
At My Gold Era, we believe that your true wealth is your time and your freedom. But over the past century, the world has drifted away from real money—and been tricked into accepting currency as its replacement. Understanding the difference is the key to protecting your economic energy and thriving in times of crisis.
This post is inspired by the groundbreaking video The Hidden Secrets of Money – Episode 1: Currency vs Money by Mike Maloney, a leading educator on monetary history and the global economy. Below is a summary of the most powerful insights from that episode.
🧠 What Is Real Money?
Real money has specific properties. It must be:
A medium of exchange
A unit of account
Portable, durable, divisible, and fungible
And most importantly, a store of value over time
Gold and silver meet all of these criteria. They’ve been trusted across civilizations—from the Egyptians to modern investors—as the most stable form of money. Their value doesn’t erode over time, because governments can’t print more of them. They’re finite. They’re real. They’re money.
💵 What Is Currency?
Currency, on the other hand, only imitates money. It’s:
A medium of exchange
A unit of account
Portable, durable, divisible, fungible
BUT — it is not a reliable store of value.
Modern currencies like the U.S. dollar, euro, and yen are fiat currencies—they’re not backed by anything. Governments create them out of thin air. As more currency enters circulation, your purchasing power drops, and your economic energy leaks away.
📜 How Did We Get Here?
Mike Maloney takes us on a journey that starts 5,000 years ago in ancient Egypt, where gold and silver were first used as trade tools. They weren’t standardized yet, but they planted the seeds of what real money would become.
For much of modern history, paper currencies were backed by gold. Each note was essentially a claim check for real money. But since going off the gold standard (especially after 1971), currencies have become detached from value and driven purely by confidence and printing presses.
Throughout history, every fiat currency has eventually failed. Maloney shares how economists cataloged over 600 fiat currencies—and not one survived. The U.S. dollar is not immune.
📈 The Real Meaning of Inflation
Inflation isn’t just rising prices—it’s a hidden tax. It’s the expansion of the currency supply. As more dollars are printed, each one becomes worth less.
This affects the poorest people the most—especially those who spend most of their income on essentials like food. In fact, runaway food inflation has sparked revolutions throughout history, including the Arab Spring and even the French Revolution.
🛡️ Why Gold and Silver Matter Now
Gold and silver always return to their role as money during financial crises. Why? Because they can’t be printed. When people lose faith in fiat, they rush back to precious metals. And when that happens, gold and silver rise in value—not because they change, but because the currencies collapse.
This isn’t just happening in one country—it’s happening globally. Every major central bank is inflating its currency supply. And that means we’re entering the greatest wealth transfer in history.
✨ Final Thoughts: Your Money, Your Freedom
“Your true wealth is your time and your freedom.”
— Mike Maloney
Fiat currencies leak your wealth away. Gold and silver store it.
Stop calling currency “money.” That small mental shift could open your eyes to what’s really happening—and help you protect your future.
At My Gold Era, we believe in real assets, real value, and real freedom. If you want to preserve your wealth, it’s time to rediscover gold.
Source:
This article is inspired by The Hidden Secrets of Money – Episode 1 by Mike Maloney.
🎥 Watch the full video here: https://youtu.be/DyV0OfU3-FU?si=2s1JBT-wiOjHH-8V