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<p>[QUOTE="GDJMSP, post: 8201735, member: 112"]Ehhh, theoretically perhaps, but to a degree there pretty much always has been a certain amount of instability. Assuming of course that one defines instability as price/value fluctuation. Which is easily confirmed simply by looking at the historical spot price in those charts. And it becomes even easier to see when one looks at the historical silver to gold value ratios. They sometime fluctuated wildly by some definitions. And always did, and still do.</p><p><br /></p><p>Also, even though there's probably a lot of folks who don't realize it, so called paper money has been around a whole longer than most people think. The first documented example of paper money/bank notes comes from China in 118 B.C. when one foot square pieces of white deer skin with hand drawn colorful borders and a value of 40,000 cash drawn on them.</p><p><br /></p><p>What all of this tells us is that for as long as it has existed money could quite literally be anything, in any form. That's because money is and always has been nothing more than an idea that people decide to agree on for a given time. And given that, instability to one degree or another is inherent.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 8201735, member: 112"]Ehhh, theoretically perhaps, but to a degree there pretty much always has been a certain amount of instability. Assuming of course that one defines instability as price/value fluctuation. Which is easily confirmed simply by looking at the historical spot price in those charts. And it becomes even easier to see when one looks at the historical silver to gold value ratios. They sometime fluctuated wildly by some definitions. And always did, and still do. Also, even though there's probably a lot of folks who don't realize it, so called paper money has been around a whole longer than most people think. The first documented example of paper money/bank notes comes from China in 118 B.C. when one foot square pieces of white deer skin with hand drawn colorful borders and a value of 40,000 cash drawn on them. What all of this tells us is that for as long as it has existed money could quite literally be anything, in any form. That's because money is and always has been nothing more than an idea that people decide to agree on for a given time. And given that, instability to one degree or another is inherent.[/QUOTE]
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