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<p>[QUOTE=&quot;medoraman, post: 1410375, member: 26302&quot;]I hear you about rules should be followed. I wish that too. I am very much a strict Constitutionalist, and a balanced budget amendment supporter. I also wish to be left alone like snapsalot. However, seeing the evidence in 2500 years of coinage history, and another 1000 years of evidence we have of other economic activity, I cannot help but come to the conclusion that inflation and coinage debasement is the normal course of conditions. The only thing that ever seems to reverse it is revolution. Maybe its the nature of bureaucracy, maybe its people getting political power in a system, maybe its simple human greed, but whatever it is it occurs so regularly to be a major foundation of numismatics in arranging the order of issuance. If facing unknown issue dates, the very first thing you do is arrange coins in decreasing weights. This tendency is proven thousands of times in coins.</p><p><br /></p><p>Do I like it? Of course not. But I am not going to ignore it, and need to incorporate it into my world view. This is why I see the US as being an outlier in being able to keep our composition of coins for so long, it really is an aberration. Almost no other country can boast such a feat. Now when we finally are forced to change it seems like everyone is saying its proof of our own demise. That is what I object to.</p><p><br /></p><p>You can wish to have the dollar pegged to a certain amount of something, and may think that will help, but if we had done that then 2008 would have led to a full scale deflation depression that we probably would still be in. Now you can argue maybe we wouldn&#039;t have been in that position if we had backing for our currency earlier, yada yada, its an endless argument.</p><p><br /></p><p>Again, I am not saying I like it for one second, just telling you from my reading its a normal, expected course of human events that has been repeated ad infinitum.[/QUOTE]</p><p><br /></p>

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