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<p>[QUOTE=&quot;Conder101, post: 51702, member: 66&quot;]Silver could very easily be reintroduced into circulation and without requiring a low quality alloy. The American dollar has declined tremendously in value over the past 100 years. Simply do what many countries have done when their currency declines. Do a currency reform, say 50 current dollars equals one new dollar. Silver is now 14 cents an ounce, gold is 9 dollars an ounce. A standard quarter dollar (6.25 grams of 900 fine silver) with a face value of 25 cents would contain 3 cents worth of silver. minimum wage is 10 cents an hour. A McDonalds double cheese burger is 2 cents. A new car is 600 dollars. A house that cost $250,000 in old dollar costs $5,000 in new dollars. A double eagle with a face value of 20 dollars would contain about 8 dollars worth of gold. With the revaluation you include a clause that all old contracts are also affected by the 50 to 1 change as well. With this revaluation silver and gold could return to circulation. It has no net change on peoples incomes, expenses or anything else. Yes your income drops to 2% of what it was but so do your expenses, and the buying power of your money increases 50 fold so it cancels out.[/QUOTE]</p><p><br /></p>

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