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from the last bake
>for silver to be too common in 1890 and too rare now all that would have to happen is the population to grow, trade to expand to new markets, and goods to require more labor to produce.
all of those things happened.
In 1890 we mined so much silver that the US dollar fell in value below a quarter.
Since then we've mined so little silver that if we used it for money, a Morgan Dollar would be worth more than a new lamborghini.
these things aren't contradictory, they are both true. We had far too much silver to use as money in 1890, and nowhere near enough now.
Pic related. Silver and gold have never been mined at 15:1, that's a natural level of monetary balance.
