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RE: A "TOOL" TO MEASURE "VALUE"...???
The Federal Reserve says it uses quantitative easing as a TOOL to stimulate the economy.
The Federal Reserve says it uses interest rates as a TOOL to control the economy.
These are not tools. The Federal Reserve is manipulating our economy for their own benefit.
A shovel is a TOOL used to dig holes.
A drill is a power TOOL used to drill holes.
They use the word TOOL instead of saying that they are manipulating the sheeple.
They use the word TOOL to dumb-down their manipulation. It gives the illusion that they are working.
Thus, along the same lines, I don't think coinage is a TOOL to measure value.
Ok... When nothing else was available, I actually used Dimes every now and then, to tighten screws or similar items... But I see what you mean... I'm still sticking with my thought of Coinage being a Tool to measure Value... I have no respect for the Federal Reserve and their Owners... After the reset, how much would you say a Gold Coin is worth, if you don't measure it in Trade Dollars and Cents...??? A thousand cans of beans...???
Given your P.C. theory and my perspective on silver and gold....
One regular dime gets 0.10 of a Trade Dollar.
One silver dime gets me 1.20 of a Trade Dollar.
Ten silver dimes gets me 12 Trade Dollars.
One ounce of silver gets me 17 Trade Dollars.
One ounce of gold gets me 1400 Trade Dollars.
A house valued at $140,000 gets reset to $1400 Trade Dollars. . .
So, I expect to buy a house for an ounce of gold . . . after the reset :)
This is the minimum, actually I expect Silver to go to $25 Trade Dollars
and Gold to go to $2000 Trade Dollars . . . Cheers.
Yes, a regular Dime (after the reset) will be 1/10 of a Trade Dollar... A Silver Dime is 1/10 of a Trade Dollar, plus any Premium attached by Fair Market Value... Actually, 10 Silver Dimes will get you One Trade Dollar plus any Premium attached... An Ounce of Silver will Fluctuate in Value, but will probably get you One Trade Dollar, plus any Premium because of the Form or Shape it may be poured into... The Price of an Ounce of Gold will also Fluctuate, but it will probably go for around 50 Trade Dollars plus Art or Collector Premiums... It's true what you said about the House, but it too will Fluctuate in Value and be measured in Trade Dollars and Cents... An ounce of Gold at 50 Trade Dollars, won't pay off the house after the Reset because the house will be Valued at 1,400 Trade Dollars... You'd still owe 1,350 Trade Dollars... Now, if you sold the Gold "now" and picked up $1,400 in U.S. Coinage before the Reset, then there's a good chance you can buy that House if the Reset follows my P.C. Theory... Gold, Silver and Every Thing else, will continue to Fluctuate at Fair Market Value... If I'm correct, their Value will be measured by means of U.S. Trade Dollars and Cents, which shall remain Stable...
I can put myself within your P.C. Theory and speculate what may occur. It is interesting. To me, it is a 100 to 1 devaluation or deflation perspective with the elimination of Federal Reserve Notes.
I have theorized that a 100-fold hyperinflation would essentially result in the same sort of 'reset'. I created a post 8 months ago that indicated that I could pay off the house with one ounce of gold. (https://steemit.com/steemsilvergold/@goldkey/house-for-one-ounce-of-gold-gold-vs-silver-vs-dollar-price-and-hyperinflation).
In reality, I'm not an economist or historian, I'm just a "Math Guy". Mathematically, it doesn't matter whether it is deflationary or inflationary. The result is disruptive and a 'reset' would occur.
Federal Reserve Notes could be eliminated with Pocket Change(deflation) or a New $10,000 Bill(inflation) marked as a U.S. NOTE. Easy Peasy.
There's no Devaluation connected to my P.C. Theory... The Federal Reserve Notes "already" lost most of their Value... Because of the Federal Reserve Notes loss in Purchasing Power, I'd like to see our U.S. Coinage "Reset" in Purchasing Power, along with the Creation of a new U.S. Trade Dollar to "Eliminate" all Federal Reserve Notes, from around the World and here at Home... I'm also aware of other Theories about your Mortgage being Paid off with Hyper-Inflated Dollars... That's not going to happen... A person will have to Work "about" the same amount of Hours to pay off their House "after" the Reset as he or she did "before" the Reset... I really don't like the Hyper-Inflation Path at all... The Path I see, takes us to a Place of Prosperity and Renewed Freedom... My Wild Imagination is convinced, that the Executive Order has already been Written... I've been holding onto all my U.S. Pocket Change for quite a while now... I can't advise you to do the same for obvious reasons... By the way... I already commented on your post in the above link...