Why has this not-so-simple Truth never been explained in public before? -- "MONEY, as a measurement of Wealth, consists of two components, Currency, and Bullion."

CURRENCY:

1) Currency is a medium of exchange designed to circulate for the exclusive purpose of facilitating commerce;

2) Currency has two values, namely, Face Value and Perceived Intrinsic Value;

3) Currency will be removed from circulation as soon as its Perceived Intrinsic Value exceeds its Face Value**, thus destroying / no longer fulfilling its primary function to circulate and expedite financial transactions, thereby creating economic hardship, turmoil, and instability which, if left unchecked, can also lead to political chaos, ultimately resulting in social and governmental collapse;

4) Conversely, currency will return to, or remain in circulation and continue to facilitate commerce as long as its Perceived Intrinsic Value is equal to or less than its Face Value; however, there is a direct and corresponding relationship (ratio) for the increasing difference between Values, and the Depreciation of the Perceived Intrinsic Value (defined as Inflation), if left unchecked, can also lead to economic and political chaos, ultimately resulting in social and governmental collapse;

5) However, historically, the ?lesser of two evils? for #3 and #4 above is #4, for the following reasons:

a. Currency remains in circulation, facilitating commerce (this is the ?key factor? to avoid Depressions/collapse)

b. Inflation is considered to be a component of economic growth (as long as it is not excessive)

c. It is usually easier to temporarily restrict the money supply rather than augment or replace it

d. Domestic devaluation (via Inflation) automatically generates an economic stimulus via increased Foreign/International Trade, thereby also absorbing and eliminating any surplus (return to normal / parity of Values)

6) Currency is, by its very definition, to be temporary ? designed to be in circulation for a specific and brief span of time.

a. Nemesis of Currency is counterfeiting

b. Counterfeiting can be made more difficult by increasing complexity of design(s), decreasing life-span / length-of-service / time-of-currency [via expiration-date(s)], establishing severe penalties

c. Currency requires some form of insurance or Guarantee for Face Value(s) that would command public confidence during the stipulated period of currency, until redemption (exchange) after declaring status as uncurrent (retired)

BULLION:

1) Bullion is a medium for the storage and preservation of value or worth, usually consists of Precious Metals, and can be of various degrees of Purity, as follows: