Do you believe money should be based on precious metals?

Meatunnel69
Quarter left melt value of $0.03 Quarter on right melt vale is $3.18
Quarter left melt value of $0.03 Quarter on right melt vale is $3.18
PRE-1965 US dimes, quarters, dollars and half dollars were 90% silver
PRE-1965 US dimes, quarters, dollars and half dollars were 90% silver
Paper notes do not store purchasing power
Paper notes do not store purchasing power
If you stored your savings in Federal Reserve Notes
If you stored your savings in Federal Reserve Notes
Cost of living aways goes up in the modern era, do you know why? The governments of the world like to spend your money they either do it directly through taxation or they use their central banks to pump out “paper notes” diluting your savings every year like crimal counterfeiters. The US constitution is clear that only gold and silver can be used as legal tender because the government cannot print gold and silver to finance itself.
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Updates:
12 d
Precious metals preserve wealth paper notes lose wealth
12 d
Gold and silver can be digitized for use in modern era, like gold and silver certificates (claim tickets on actual bullion) for use in electronic transactions. Yes silver is used up in industry but that only lowers the cost of goods in terms of silver so guess what you get an “interest“ rate for holding onto money instead of having to gamble your dollar bills in the stock market (treasury bills and bonds dont pay shit anymore thanks to the fed)
Do you believe money should be based on precious metals?
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