"This currency, as we manage it, is a wonderful machine. It performs its office when we issue it; it pays and clothes troops, and provides victuals and ammunition; and when we are obliged to issue a quantity excessive, it pays itself off by depreciation."
Benjamin Franklin, 1779.
Judge Napolitano and Jim Rogers discussing Gold and Silver. Make sure you watch the entire video, as the Judge makes some interesting points near the end. In case you were wondering, I've included a link to the Coinage Act of 1792 CLICK HERE and check out page 250 sec.19 .. very interesting.