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Silver Surges? Waller Wants Lower Reserves & Tighter Policy
- Jul 14
- 5 min read
July 14, 2025 | Last week, prices for silver surged to a new high, fulfilling a lot of long-standing predictions for the much abused metal. Silver is consumed in various industrial applications, but nobody uses the transition metal as money in the 21st century. We talk about the parallels between the silverites who nearly bankrupted the U.S. Treasury in the 1890s and crypto in our new book, Inflated: Money, Debt and the American Dream.”
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