It's why the two used to be tied via the gold standard. Then cash became fiat an... | Hacker News

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gjabbar on March 18, 2020 | parent | context | favorite | on: The Longest Record Broken: Gold/Silver Ratio Hits ...

It's why the two used to be tied via the gold standard. Then cash became fiat and by nature short-term. Governments can't help themselves.

The anecdote on the gold threads is fascinating.

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