**Post 1/6**> be me>> thinking about currency debasement>> everyone says "Rome collapsed because they debased their currency">> okay>> let's actually measure it>> Not purchasing power.>> Not CPI.>> **Actual physical metal per monetary unit.**
**Post 2/6**take a pre-1982 US pennyweight = **3.11 g**assume 95% copper3.11 × .95 = **2.9545 g copper**At ~$6.62/lb copper:2.9545 g ≈ **$0.043 copper**coin says **$0.01**so the copper is worth ~**4.3× face value**
**Post 3/6**now take a Morgan/Peace silver dollarweight = **26.73 g**90% silver26.73 × .90 = **24.057 g silver**24.057 / 31.1035 = **0.77344 troy oz**At $40 silver:0.77344 × $40 = **$30.94 silver**but we are at64.52 USD1.30%−0.85 todaySep 2, 2:31AM EDT$1 coin~$64 worth of silver
>>541840928>$64 worth of silverSo if I buy physical silver it will be 64x worth when fiat crashes?
>>541841526>So if I buy physical silver it will be 64x worth when fiat crashes?No, a new currency will be Issued, and Silver will be $5 again, but fuel, food, and goods will still cost a lot.
silver as a wage has almost nothing to do with fiat currency, in so much as the two financial instruments are convertible because it is acceptable to do so. belief in a rare metal's intrinsic use as currency is only true among the believers. silver is more valuable for industrial applications than as a currency or a store of liquidity. if tshtf, there's going to be a rude awakening for rare metal holders if they think they can simply exchange it for the staples of civilized life.
>>541840840>>541840863>>541840928>still waiting for 4, 5 and 6I went down this rabbit hole from a different angle: screw paper money. One roman denarius = one day's wage. How much metal is that? How much was one day's wage before and after that? The daily wage varied a little by skill, and merchants earned whatever they sold, not a wage. But anyway, it remained mostly stable for most of human history. Even after the fall of Rome, the Church still taught the parable of the eleventh hour workers, so everybody 'knew' that one denarius was one day's wage. I believe it was similar to how moslems handle quranic descriptions of islamic golden dinars (arabic for denarius). I only looked at paper money exchange rate to metals after calculating this historical baseline, at which point kike banking wipes out everybody's wages.I don't have the actual data like you (I'm on phone and did this research months ago, so "trust me bro"), but see if my claimed results align with what you got.And post the second half 456.
>>541840840>debased>predebasedwhere is based?
>>541841786This. Silver itself is a debasement from Gold, as OP's own image illustrates. Silver was to Gold what Copper was to Silver and what Paper is to Copper. Silver was the stepping stone to fiat.
>>541841786Sure buddy
>>541840840The most important variable to calculate is the duty of the law to commit violence.> George Washington U.S Coinage Act of 1792 SEC. 19. ...for the purpose of profit or gain, officers or persons shall embezzle any of the metals... shall be deemed guilty of felony, and shall suffer death.This defines the Dollar. And any coinage act trying to replace this is unlawful and fraudulent, drafted by unAmerican foreigners, impersonating public officials, within corporate layers, with intent, and proof in empirical hindsight, to steal, and have stolen from the American people, because any law had to be made pursuant unto the mutual defense of life liberty and property.>Constitution Section. 10. No State shall... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts;....>Locke 2 3 18. This makes it lawful for a man to kill a thief who has not in the least hurt him, nor declared any design upon his life, any farther than by the use of force, so to get him in his power as to take away his money, or what he pleases, from him;...>~$64 worth of silverIf paper money is fraudulent and zero value then any small amount of silver is worth more than infinity paper money.
>>541841786Silver and gold held value since prehistory. It's very unlikely it will change during our lifetime.
>>541844843true. their use has changed significantly since the beginning of the semiconductor economy. it just makes no sense to use it as currency in the modern world.
