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Cash is cash because the government says so. Gold and silver aren't good enough unless the government makes them legal tender and allows you to pay your taxes w
by dimitar 12y ago
Cash is cash because the government says so. Gold and silver aren't good enough unless the government makes them legal tender and allows you to pay your taxes with it and starts paying its debts in them.
Stamping a face with a boot is just a point of view if you consider this point. People and businesses are also crushed from unemployment and deflation because of government currency policy and is up to the government (democratically elected by you) to find a middle ground between all the different interests.