[CobaltBlue]

I think that if you look at what I've posted, I haven't supported anything in particular, just tried to get the history straight.

The fight between hard money advocates and soft money advocates is one of the more fascinating themes in American history. My own independent studies these days is more on the history of depressions, but you can't study the history of depressions without studying the history of money. It's peculiar that every time we shift back to hard money there is a depression. We all know printing money causes inflations. Maybe hard money causes deflations.

[savedbygrace]

Well, at least we kept the discussion civil. Thank you for that. I suspect the factor you need to account for in your last statement is government and central bank manipulation. Motive: they want a fiat money system because it gives them a certain power and freedom they don't have otherwise.