Hi Contactee77,
Once again, the face value of currencies are higher than the material they are made of except perhaps in some African countries and when the Italian Lira was on the go- and the good old English ha'penny or half p as it became when decimal currency was brought in in the UK.
It isn't the material that has the value, it's the neccessity of having the 'product' that gives the value - basic marketing strategy. The material value of paper is very low in comparison to the cost of a writing pad.
I don't see any conspiracy theories about writing pads.
Now forging bank notes or forging coins, that's another question, but as we don't have any evidence to suggest this, we can't really say anything about it.
If the American government wants to produce a silver coin with a face value of 100 Ameros (once again, how much is 100 Ameros?) they can, as can any country wishing to produce currency. Look at the Euro, or decimalization in the UK, even the Real over here in Brazil which is another new currency...
I see nothing out of the ordinary in this aspect. Now, shipping this currency to China to pay off national debt before it has even been declared legal tender does seem to be strange, but that's another story...
Best regards,
Steve
Quote:
Originally Posted by Contactee77
My point exactly Steve...if 1 OZ of silver may be equal to 100 Ameros, I would be looking to exchange bullion for Ameros after the dollar collapse.. silver is $10 an oz right now...
1000 oz of silver will equal $100,000 Ameros...
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