Yep, I still believe it.
If the yellow metal has so much value, and the green pieces of paper are worthless, then why in the world would you be so generous as to trade your valuable yellow metal for my worthless green paper?
I'm not. I won't be until I run out of those pieces of paper. But when I do I'll mostly be able make the trade at rates which have preserved my purchasing power until the time we trade. No one has said the green pieces of paper are worthless NOW, but certainly you must agree that they are headed in that direction. Pennies used to be exchagable for all sorts of things. Now few would bend down to pick one up off the ground.
ML/NJ