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RE: FROM $17.00 TO $1,700.00 IN PURCHASING POWER...???
Interesting theory for sure. I've always considered that US coinage would be as worthless as fiat dollars when shtf unless it's the 1964 or earlier coins that contain actual silver. Can you point me to something with more detail as to why you think regular coinage will be worth so much? Thanks for giving me something to think about!
I already pointed it out... As per the U.S. Constitution... Article 1, Section 8, Congress has the Power to Coin Money and Regulate the Value thereof... I've been hearing for years that the "so called dollar" has lost most of its Buying Power... I say it lost 99%... So, a paper fiat dollar and a one cent coin should be of equal value if Congress Resets our Coinage... I personally believe it will have to happen by an Emergency Executive Order of the President and later by Congress, because the Reset will have to happen as fast as Flipping a Switch... If not, there would be a mad rush to the Banks to obtain as much Coinage as possible... If my Theory is correct, I believe it would be a good idea to have 100 dollars in physical U.S. Coinage for every $10,000 you owe the Banksters... Just sit on it and wait... If I'm totally wrong, at least you have a Legal Tender outside the Banking System when all hell breaks loose...
@pocketechange