&gt; Nor was gold arrived at by the will of market forces. It was imposed through bank charter<p>Haven&#x27;t gold and silver been used as money for thousands of years?<p>Carl Menger&#x27;s Origins of Money makes the argument that gold&#x2F;silver naturally emerge as money through the barter system.<p>Precious metals best satisfy the characteristics of money<i>:<p>- Durability
- Portability
- Divisibility
- Uniformity
- Limited supply
- Acceptability<p></i> <a href="https:&#x2F;&#x2F;www.stlouisfed.org&#x2F;education&#x2F;economic-lowdown-podcast-series&#x2F;episode-9-functions-of-money" rel="nofollow">https:&#x2F;&#x2F;www.stlouisfed.org&#x2F;education&#x2F;economic-lowdown-podcas...</a>