That's simply untrue. There's been constant swings in valuation of around 20x recorded through the past 3000+ years (and decent evidence this also happened befo

That's simply untrue. There's been constant swings in valuation of around 20x recorded through the past 3000+ years (and decent evidence this also happened before that). https://www.cambridge.org/core/journals/cambridge-archaeological-journal/article/gold-and-silver-relative-values-in-the-ancient-past/406D8B078C66ACB266932D51A0E2F205 https://www.cambridge.org/core/journals/cambridge-archaeolog... Pretty much all of recorded history is local govts trying to fix the price of gold to remove this instability, and in pretty much every case those govts had to abandoned the fix as actual market values caused local mints to implode. There's ample research available on google scholar covering all of these points.