So why do the mints make legal tender coins from gold and silver? Only difference is the intrinsic value of gold/silver money is far higher than the face value, Fiat currency has zero intrinsic value.
Money should also be a store of wealth. Fiat currency is a store of wealth for about 5 minutes
So why do the mints make legal tender coins from gold and...
-
- There are more pages in this discussion • 78,786 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)