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<<What the US has not seen is currency destruction. Many other industrialized countries have seen that in the last 100 years. There does not need to be WW3 to have a dollar meltdown.


I think the United States has seen it's currency destroyed over the past hundred years, due to inflation.

The price of gold a hundred years ago was about $15/ounce while today it's what --- $400 or so. And if the United States really had to back our currency with gold, the dollar value might be $4000/ounce.

Seattle Pioneer
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