crashfrog writes:
How do you figure "stability", Buz? Every time they mine some silver, it inflates any silver note currency. Last year they mined almost a billion troy ounces of silver. Gold is even worse.
Anybody can go in and mine some silver, Buz. The US dollar has the major advantage that the only source of them is the Federal Reserve Bank.
Mmm, Crashfrog. Anybody? How and where?
where??; where???. What are you waiting for????
How come there's never, in human history, been enough gold and silver to render it as value-less as paper? There has never been enough to depreciate its value.
Monetarily, inflation devaluates. due to the unlimited availability of paper.
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BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.
Someone wisely said something ;ike, "Before fooling with a fool, make sure the fool is a fool."