Message:

<p>[QUOTE=&quot;CoinOKC, post: 194884, member: 2146&quot;]For the government, it&#039;s all about seignorage.</p><p>&nbsp;</p><p>For instance, lets say that the government has $1,000 worth of copper, nickel and manganese sitting around in &quot;lump&quot; form.&nbsp; Now (being the government), they can transform that metal into money and increase its worth multiple times.</p><p>&nbsp;</p><p>So, they take that $1,000 worth of metal and turn it into (just for the sake of argument) 20,000 SAC Dollars (now worth $20,000).&nbsp; Now, their metal has become worth $20,000 in the eyes of the General Accounting Office.</p><p>&nbsp;</p><p>Whether the 20,000 SAC Dollars are sitting in a vault or not, which would you rather have:&nbsp; $1,000 worth of lump metal or $20,000 worth of SAC Dollars sitting around?</p><p>&nbsp;</p><p>This same scenario will happen with the PREZ Dollars and is also a reason the old SBA Dollars aren&#039;t melted...[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in