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If we get to the point where a silver dollar has no value, we're either in a Star Trek where you can make as many as you want, at no cost... or we're past Nate
by mikewarot 3y ago
If we get to the point where a silver dollar has no value, we're either in a Star Trek where you can make as many as you want, at no cost... or we're past Nate Hagen's "Great Simplification", and worse off than the dark ages... Younger Dryas catastrophe level stuff
- verall 3y agoOr a huge cache of cheaply minable silver is found, or some fancy technology to extremely cheaply extract silver from the tailings of another resource, or a government decides to dump silver reserves onto the market to destabilize some economy somewhere. I fully agree that the value of silver is very unlikely to crater but it's not exactly Star Trek unlikely.