516 () 🔍 Notable posted 2 years ago by CAFEDEADBEEF (context) 2 years ago by CAFEDEADBEEF +516 / -0 230 comments share 230 comments share save hide report block hide replies
When the US was on the gold standard you could take a silver certificate into a bank and swap it straight up for physical silver. The gas analogy is terrible.
Because at that time, we were on the Gold Standard, which had our dollars backed by Gold and Silver. I don't see where you'd miss that.