COMMENT: You’re flawed. Silver didn’t decline throughout World Conflict II.
TH
ANSWER: I believe you misunderstood what I stated. It isn’t that silver declined in worth as a result of it was fastened, as you possibly can see from this chart. Nonetheless, silver declined relative to nickel, which was extra crucial through the battle, in order that they changed the 5-cent nickel with practically pure silver. After the battle, the 5 cent returned to being struck in nickel. What I stated is to concentrate to the unfold between silver and nickel as a sign of battle.
Throughout World Conflict II, they imposed fastened costs to forestall inflation. As you possibly can see, as quickly because the battle ended and the value fixing ended, there was a significant rally in 1945. By 1966, silver was testing the excessive of World Conflict I. The main low was with the inventory market in 1932 BECAUSE the greenback was at a document excessive.
