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<p>[QUOTE=&quot;InfleXion, post: 1392642, member: 29012&quot;]Currency does not constitute all 4 definitions of money, specifically durability and divisibility. Just because you can break a dollar (meaning FRN by today&#039;s standards) doesn&#039;t mean you can cut it in half and retain its value like gold and silver. If you don&#039;t believe that, you might want to read the Coinage Act of 1792 instead which is clear about what money is. It&#039;s not a half truth to say the dollars we use today have 98% less purchasing power than the dollars we used a century ago. It is an undisputable fact. The definition of a dollar in the Coinage Act is clear about how many grains of silver it is supposed to be, and it does not include FRN&#039;s or treasury bonds. Words have changed, and so has enforcement of the law, but the law itself has not in this regard. </p><p><br /></p><p>People should not be penalized for keeping their dollars under a mattress. If the suggested method of not having your wealth stolen is to give your money to the people who are stealing your wealth through inflation if you don&#039;t give it to them for safe keeping, then something is wrong here. This is how war is waged against savers, and people are encougared to spend their money while it still has value. Supposedly that helps the economy by stimulating spending, but all it really does is make people poorer. I am personally quite encouraged to do so, but on silver primarily. Anybody who bought gold back at $20/oz or silver at under a buck would be doing quite well I&#039;d say and wouldn&#039;t have to be worried about where they kept it.[/QUOTE]</p><p><br /></p>

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