Real0ne
Posts: 21189
Joined: 10/25/2004 Status: offline
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quote:
ORIGINAL: pahunkboy quote:
ORIGINAL: calamitysandra Yes, we agree to disagree. However, I am still interested in your reasoning. I really would like to hear on what you base the assumption that gold and silver will retain their value. Try to explain, I am willing to listen. Real items will have value. This means that food, fuel, and such will have value. The idea is not so much to be in gold and silver - as it is to be in items that have some use. rather then a paper promise. a can of coffee traded for cigarettes- whiskey traded for razor blades. gold and silver will store well- where as supplies may or may not store well. let us consider a well stocked home. That will be better then just in time delivery. Silver/gold can not be made to have more of. The supply is fixed. Where as the amount of dollars is unlimited. More dollars mean existing ones have less value. That is an excellent summary. Anything can be use for money privately between 2 people, but in our commercial world only FRN promises can be used and you absolutely cannot pay for something with nothing and a promise is nothing. Granted people have a contract that says hey I wont track ya down and take you to court once you hand over 25,000 promises for your car, but that in the same token does not mean that the car is paid for even though that is the terms used...improperly....because you cannot pay for "some-thing" with "no-thing".
< Message edited by Real0ne -- 3/9/2010 1:08:53 PM >
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"We the Borg" of the us imperialists....resistance is futile Democracy; The 'People' voted on 'which' amendment? Yesterdays tinfoil is today's reality! "No man's life, liberty, or property is safe while the legislature is in session
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