Lapidariest
Lapidariest t1_ivc52iv wrote
Reply to comment by jej218 in A 1000-year-old Viking silver treasure found in Sweden by drexa24
Until it doesn't. If there is ever a SHTF event, the paper stuff might make good burning tinder. The coins only worth whatever base metal they are made of. The viking hoard was silver. Worst case scenarios, the owner could of melted it and had it recoin to a new silver coinage or traded for straight up bullion value. Silver and gold will always be money, but fiat has been disconnected from that. It,is only worth what the person accepts it as. A hyperinflation event would make fiat just about worthless. There's been a lot of inflation lately, and lots of spending.... Billions given to fight a proxy war with Russia, spend on green legislative handouts, etc. Eventually the bills will need paid, you can only kick the can down the road so far and so many times.
Lapidariest t1_ivbith5 wrote
Reply to comment by contentPudding28926 in A 1000-year-old Viking silver treasure found in Sweden by drexa24
Because they are not silver and therefore worthless as all fiat money is.
Lapidariest t1_iv56ovl wrote
Reply to Researchers unveil secrets of the largest stash of Roman coins ever found in Spain by IslandChillin
Spoiler... It was hyperinflation that caused the hoard to be stashed because the later emperors lowered the content of silver in the coins and more coins had to be used for large transactions six as in a food production villa.
Lapidariest t1_j0a8z37 wrote
Reply to [Image] My uncle passed a few months ago. Was going through some of his things and found this. Been pretty down lately, but this little poem comforted me. Reminder to try and stay positive. by majorgee
Always look on the bright side of life