Surely, you ignore QE INFINITUM in your thought process. Everything you base your argument on is sound money (fiat) and we CLEARLY have that no more.
Paper is an illusion. It always has and always will crash and burn.
Try storing your fiat currency, your frn's in a lock box for 10 years and tell me what they will buy.
Milk, gas, etc. $4 a gallon today where they were $2-$3 a gallon 5 years ago.
So, my "money" fiat lost about 25% of its worth in the last 4-5 years.
Can it get ANY clearer?
its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
Defeat CORKER! Bailed out the banks. In training to steal more.
Defeat ALEXANDER! Career traitor! Handsomely rich in a poor Nation.