COMMENT: You’re mistaken. Silver didn’t decline throughout World Warfare II.
TH
ANSWER: I feel you misunderstood what I mentioned. It isn’t that silver declined in worth as a result of it was fastened, as you may see from this chart. Nonetheless, silver declined relative to nickel, which was extra vital throughout the battle, so that they changed the 5-cent nickel with almost pure silver. After the battle, the 5 cent returned to being struck in nickel. What I mentioned is to concentrate to the unfold between silver and nickel as a sign of battle.
Throughout World Warfare II, they imposed fastened costs to forestall inflation. As you may see, as quickly because the battle ended and the worth fixing ended, there was a significant rally in 1945. By 1966, silver was testing the excessive of World Warfare I. The foremost low was with the inventory market in 1932 BECAUSE the greenback was at a report excessive.
