Quote:
pm's usually hold their value
better than iou's/paper money.
pm's usually hold their value
better than iou's/paper money.
The only surefire way to hold wealth value is to have it growing over time. If you look at PMs theres times when you lost value, times that it was even, and times it gained. It all depended on when you bought though. You never heard anything about holding value in the 90s or early 2000s because it wasnt, but now that we entered a period where it does people hype that up.
Plus you also have to factor in the selling aspect of it where youll either lose some of the value selling to a store or lose from fees to a site like ebay. Plus whatever premium you paid to purchase it in the first place.
Zimbabwe also isn't a comparable to a first world country either. They have 0 impact on the world economy and were a tiny one to begin with.
Quote:
if it cost 10 cents to produce, is a 5 cent really only
worth 5 cents?
if it cost 10 cents to produce, is a 5 cent really only
worth 5 cents?
Yes, thats all it can be spent for. Unless you want to argue 100 dollar bills are only worth the few cents it costs to make them or a dollar coin is only worth a fraction of that as well.


















