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<p>[QUOTE=&quot;InfleXion, post: 2137890, member: 29012&quot;]A metal standard is simply backing the amount of dollars in circulation with the amount of metal on hand. Whatever that ratio is is what the ratio would need to be from that point forward in order to preserve buying power. Since metals are divisible, there is no restriction on how little backing can be used. It doesn&#039;t matter how small the fraction is. The purpose is not to bolster the value of currency. It is to peg the value at its inception at a constant going forward.</p><p><br /></p><p>One way to bolster the value would be to destroy currency in circulation. Another way would be to acquire more metal.[/QUOTE]</p><p><br /></p>

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