Summations Only

The dollar's value, relative to the goods and services, is determined by whether a dollar represents intrinsic value or simply a Federal reserve paper note issued/printed by private Federal Reserve central banks.There was a time when this note was a promisary note, assuring the bearer of it that it could be exchanged for a specified amount of silver, as stated on the note.It was an obligatory note issued/printed by the private banks, holding the gold or silver in reserve, promising the bearer the ability to exchange at any bank for silver, as with the old silver certificate notes. The last year this was possible in the US was in 1969, when the half dollar coin contained 40% silver. the last year in which one could exchange the printed note for something of intrinsic value. Subsequent to that date, it's value was determined by bearers of money notes relative to their perception of the value of the notes.

In your OP you referred to goods and services. Gold and silver happens to be a type of goods. Silver is an investment goods and other kinds of goods. Jewelry manufacturing and industrial goods are two examples. No?

One of the greatest sources of the creation of wealth has been gold and silver. Wise investors understood the significance of unbacked dollars. They knew that sooner or later it would inflate.History confirms that the money of nations which did not back their money with intrinsic value eventually became worthless.

You miss my spot on topic point. My response did not pertain to gold and silver, perse. It pertained to the stability of economic values and accumulated wealth: to what nations and investors ultimately gain or loose.Germany and China are two examples of who looses. The Germans swept it up in the streets. The Chinese decorative brass coins with the square holes in them made decorative woven baskets with Peking beads and coins sewn in the lids. I have a couple of them.