Judging by the last millenium of history, the inevitability of spontaneous remon... | Hacker News

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		khafra on Aug 23, 2011 \| parent \| context \| favorite \| on: How to get $12 billion of gold to Venezuela Judging by the last millenium of history, the inevitability of spontaneous remonetization is greatly exaggerated.

david927 on Aug 23, 2011 [–]

First, it has happened within my grandparents' lifetime.(Weimar Germany, for example.)

Second, inevitability doesn't have a timeline. It could be in a thousand years or tomorrow; that's not the point. The point is: it is expected to happen at some point.

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