Comment: wrong argument

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wrong argument

kevin - first off, yes the govt has been able to devalue money in that way... but that is just a shell game, and the reality is when it is discovered, and when they have to count on printing more and more, then the game does in fact end. so you can't say they can just keep devaluing forever. look at emerging markets that do this and you iwll see prices do in fact rise with the increase in monetary production.

Next, the govt didn't take gold to resell it so i don't know what you are trying to say there.

They took it to keep citizens from using it on the black market as an alternative. Big difference in why it would be done. It would absolutely be done again in that way.