Look what I traded a $20 Federal Reserve fiat Note for: Three Quarters Dollar, 90% silver, for $10. Or about .58 troy ounce silver. And an old (1934 series) $10 Federal Reserve Note, change. All for 20 bucks, fiat. When I was a Ten year old, early 1960s, I could have got the following, for that same $10 FRN. Notice it is not, even, a silver certificate. There was no silver guarantee, but, how would they have made change.
