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If central banks were made up of alchemists, having the capacity to create gold, they would have. But the next ideal thing to do was to slowly withdraw its function (or in the least try) and replace it with an alternative medium. He did this done first by receipts for gold, and then keeping only a fraction of it in wildlife reserve. Eventually, gold was completely replaced by fiat (paper backed only by faith). How much time will the faith in the dollar remain?

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Bob is tearing his hair out and. Bob has never received so many customer complaints at Bob's Tools. Customers despise Max and they are taking their business to Bob's competing. Bob does not know what happened, why did Max change so hastily?