But who anticipated that eventually the 50 cent piece would someday actually contain 50 cents worth of copper? FREE COPPER! LOL,
One person certainly anticipated it: Irwin Schiff.
Actually, a lot of hard-money people would have predicted it. Any fiat money eventually sinks until it is worth exactly what the commodity it is made of is worth. That’s why you hear that “the dollar will eventually be worth paper.”
I think it was Mises who said: “Only government has the power to make a valuable commodity like paper completely worthless by slapping some ink on it.”