Money vs. Fiat

QUESTION: Why do you do not see that money must be backed by something tangible? ANSWER: That is an antiquated barter perspective; you are blind to reality. Your proposition is that only gold has value and you yourself are worthless. … Continue reading

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How does Silver Act During War?

COMMENT: You are wrong. Silver did not decline during World War II. TH   ANSWER: I think you misunderstood what I said. It is not that silver declined in price [...]
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