[surfer]

How you twist everything?

You can pick up the same $20 gold coin from the turn of the century...not have to do ANYTHING to it and have it still have the same value today as 100 years ago.

You can’t do that with a greenback. PERIOD.

Paper money is worthless and they want it that way.

We will see how you feel when the dollar isn’t the reserve currency anymore...meanwhile I will laugh my way to the bank with my gold and silver while you use your greenbacks to wipe your butt.

[DannyTN]

"You can pick up the same $20 gold coin from the turn of the century...not have to do ANYTHING to it and have it still have the same value today as 100 years ago. You can’t do that with a greenback. PERIOD."

But who wants to? Being able to store value in the greenback for 100 years is not an economic goal that anyone cares about.

What we care about is have a stable currency that facilitates business decisions. We don't store wealth in currency. We store wealth in real assets, equities, etc.

From that standpoint, the paper money has dramatically outperformed the gold standard. Year to year variations in the CPI have been far smaller with paper money.