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<p>[QUOTE=&quot;hontonai, post: 712794, member: 4703&quot;]I have read the material, and find it to be a typical simplistic &quot;solution&quot; to a complex problem - in other words &quot;sound and fury signifying nothing&quot;.</p><p><br /></p><p>Your hero states his fundamental proposal this way:</p><p><br /></p><p>Restated his proposal is that a government fix the value of an undenominated one ounce silver coin on a daily basis, as the international price of silver, plus seigniorage&nbsp; (a profit margin for the mint), rounded up to the next 5 monetary units (peso, dollar, yuan, whatever); and once fixed such valuation could never be reduced.</p><p><br /></p><p>This means, of course, that had such a plan been in effect before the Hunt brothers nearly cornered the silver market in 1980, the proposed coin would have been valued at $55 for the past 29+ years!</p><p><br /></p><p>Need I say more?[/QUOTE]</p><p><br /></p>

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