Originally Posted by
bobbinville
I'm not going to go into all of the issues on this post (lest you start to realize who I am); but the reason why your 1900 silver dollar is no longer rationally used to buy just a dollar's worth of goods is that silver, like gold or copper, is essentially a commodity (of course not the reason but I must state things like I'm an expert & to set the stage for what follows). For a long time (too long, how could the banking cartel steal from a populace using real coins? "Oh hi we're from the Federal Gold Reserve here to clip 6% from all your coins."), the price of silver was such that our coins contained no more than their face value of the metal contained in them; but when that price began to rise due to market pressures, it no longer made sense to keep silver in our coins (silver is money; so what I just said was "the price of money was such that your money contained no more than their face value of the money contained in them" :D ). We (elite) either had to downsize the coins (too obvious) or change their composition; and by far the most practical course of action was to change the composition (I mean c'mon, we can't let you have REAL MONEY alongside our debt-note money, did you even notice we removed the copper from your penny in 1981?). Nowadays, given the way that silver prices fluctuate (thanks to us rigging the COMEX & LBMA), it would be impossible to come up with a viable silver coinage (not really, America has billions of silver coins but we banksters run this country)-- and I'm not even going to get into the deflationary aspects of tying our monetary system to a precious metal (like paying less for goods is bad. Oh, what a masterwerk of disinfo!).