Ye Old Debt Clock. Look at the shiny new data regarding debt below the bottom of the new 100 C Bill. Doesn't JFK look young and handsome? Will the negation of the Cabal wealth indicated by the 0 debt be the cause of suicide weekend? Lets gooo! NCSWIC America first!
(media.greatawakening.win)
🔍 Notable
The "price" of gold would be whatever the standard is set at. Silver is very under valued compared to gold, so it's price would become more proportional to gold and then change as any other commodity would.
So gold would possibly be set at the old level of $20 per ounce. The smallest coin in gold would be $5. To have smaller coins we might even go back to a form of bimetallism like before, except the new silver coins might be a smaller size than previously. Dimes might be too small if made of silver, so might be another metal or even be eliminated in favor of smaller nickels and non-copper pennies.
Gold would be set, but silver might not be. But inflation would be gone, so the other metals would be more stable for the purpose of smaller denomination coins. Gold certificates would be necessary for $50 and $100 bills. We always carried change in the past, so there wouldn't necessarily be any $20 or smaller bills.
We can use old change until it can gradually be taken out of circulation. With inflation gone and the old change being worth more, I would willingly part with my stockpile of nickel and copper, but not the brass.
...but not the brass... or lead. You're right, fren. Thanks for the analysis.
Any time. I knew that if we went on a gold standard, the dollar would be pegged to gold, thus determining its value. Soon, $20 will be able to buy a good suit of clothes again like it could over a hundred years ago.