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<p>[QUOTE=&quot;davidh, post: 2137564, member: 15062&quot;]Look at this issue the other way around.&nbsp; Before 1933 gold coins were relatively common and priced at face value.&nbsp; In 1933, the price of gold had raised to $20.67 per ounce and FDR mandated that all gold coins be turned in*.&nbsp; This had the effect of making all gold coins, rare or not, now rare and worth much more than face value.&nbsp; Therefore, reducing the population = raising the value;&nbsp; the corollary is that increasing the population = reduction in the value.</p><p><br /></p><p>*the gold &quot;confiscation&quot; exempted gold coins held in jewelry, as keepsakes and in coin collections.&nbsp; And nobody came knocking on your door to check on you.&nbsp; It&#039;s just that you could no longer use the coins in commerce.&nbsp; You could still get $20 in a trade-in for your gold Double Eagle at a bank, even though the official value of gold had risen to $35 in 1933.&nbsp; Few people had enough assets to hold on to mass amounts of the coins; it&#039;s estimated that &gt;95% of all gold coins were turned in and melted.[/QUOTE]</p><p><br /></p>

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