Here's a little history for you as it relates to the debasement of currency and the collapse of economic empires:
The silver content of Roman coins was continually reduced.
In the beginning of the first century, it was essentially pure silver.
By A.D. 54: 94%
By A.D. 100: 85%
By 218: 43%
By 244 : 0.05%
At the collapse in 476: 0.02%. Nobody wanted it anymore.
Message to Obama, Geithner, and Bernanke: This is Peoria, not Pompeii!
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