A Path Back to Monetary Stability

[wizwom]

The world is engaged in a currency war. Its a race to the bottom as the US, UK, Japan, China and many, many other countries print furiously, trying to lower foreign cost for their goods. The only solution to avoid loss of cash is to convert to metal, then convert back at the future date, taking a vigorish loss on each side

Comments

[seawasp]

I suspect anyone who did that would not be a merchant. No one uses silver, carries it, or would understand what the heck you're doing.

[wizwom]

During stable times, you could price in grams of silver (US$) - but really, i doubt it would be too confusing. Customers would adjust quite quickly, I expect.