I believe we should never trade metals for fiat. It is a good day when you can trade fiat for metal.
US Notes are another form of fiat, just backed by gold. These are better than our current situation.
I think only the real thing will do and people will refuse to repay our countries debt. This will be written off with the dollar as fraudulent. (this will also piss China off)
If you trade or barter, you are not paying taxes because it is a trade, and not a sell. Silver and gold are not legal tender, so you cannot sell anything for silver. Therefore, you cannot tax a sell. Bartering can become a lot harder to trace and, since its not money, taxes can't be paid in that form, until we call it money.
Well, that is the way I understand it.
Ron brought the Liberty movement together, Rand is expanding the crap out of it! :)
Want DP delivered to your inbox daily? Subscribe here: