Could you imagine, "giving that much Power" to a Private Banking System...???
Through the Power of our Representatives in Congress, "We the People" (here in the United States) own the Right to Coin Money, and Regulate the Value thereof...
I figure, we already have Six (6) Corrected Circulating Coins, for every day Spending...
If the Fiat Dollars Crash, our Corrected U.S. Coinage will continue to have Legal Tender Status...
Their Corrected Spending Power will increase One Hundred (100) Fold or Times 100...
Those Six Corrected Coins "already" Range from One Cent to One Dollar...
Then, we will need to have Four (4) Corrected Silver Coins...
They will Contain 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce of Silver...
Other "Base Metals" may be added to the Weight of the Silver, as deemed necessary...
They will have Face Values that Range from One (1) Dollar to Ten (10) Dollars...
Our Four (4) Corrected Gold Coins will have Face Values that Range from Ten (10) to One Hundred (100) Dollars...
They will Contain 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce of Gold...
Other "Base Metals" may be added to the Weight of the Gold, as deemed necessary...
We will also have Paper Coinage that will Range from One (1) Cent to One Hundred (100) Cents...
This is a "Good Example" to use, in order to Comprehend the 100 to 1 Exchange Rate, during the Redemption Period...
One Hundred (Fiat) Dollars will be Exchanged for One Hundred (Sound Money) Cents...
Our Electronic Coinage will have Electronic Dollars, 99 Electronic Cents and 99 Decimal Cents...
This will give our Electronic and Physical Monetary Tools, a Range from One ($0.0001) Decimal Cent to One Hundred ($100) Dollars...
That's really, all there is to my Monetary Vision...
Feel free to question anything I write...
Brought to you by @pocket-change...
June 3, 2022... 4.8 Hollywood Time...
What is your proposed relative value of Silver to Gold?
I like the way this has evolved, makes a lot more sense now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In our Corrected Monetary System, the Melt Value of Silver will max out at $9 per ounce, and the Melt Value of Gold will max out at $90 per ounce... If measured in Fiat Dollars, it will be $900 for Silver and $9,000 for Gold...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Our Silver and Gold Coins will have a 10 to 1 Ratio... The Melt Value of Silver and Gold, will be allowed to Fluctuate in Value, as long as they stay 10% lower than the Face Values of our Silver and Gold Coins... I keep trying new ways of looking at my Monetary Vision... I'm glad with it starts making sense to people... Thanks...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your post was upvoted and resteemed on @crypto.defrag
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 86.97% upvote from @dkpromoter!
Get Daily Return by delegating to the bot and earn a passive income on your spare SP while helping the Steem Community
500 SP 1000 SP 2000 SP 5000 SP 10000 SP 20000 SP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit