[kearnyirish2]

This is inevitable when money isn’t made of gold or silver; I read a description of payday in India, where you buy your essentials and spend the rest on gold - otherwise you’d “lose money” when you spent it later.

Gold and silver coinage is as valuable in one country as the next.

[hanamizu]

This is inevitable when money isn’t made of gold or silver;...Gold and silver coinage is as valuable in one country as the next.

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Unless the government makes holding silver/gold illegal. And governments have been known to cheat. (I’m sure you are shocked). The Romans made silver-covered copper coins called fourrees, that had to be accepted at full value, except for paying taxes. For taxes they demanded the genuine article.

Henry VIII made his “silver” coins more and more out of copper to the point of where his portrait’s nose started to look copperish. And after WWI Britain issued silver coins not in sterling (.925) but rather 50%. After WWII they went to copper nickel as did we in 1965.