What is money?
Out of context: Reply #46
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Sure seems like a relative type of worth. World collapses and here you have lots of silver. That silver is worthless. It wont buy you a loaf of bread unless some ruler syas it is worth x amount you can exchange .... world cant collpase because credit bailouts and alpha countries calling shots which is more likely. They print more money while people playing a rational game invest in silver/gold. Silver gold goes up they make a few bucks if they cash in on fake money they bet against. world continues. albeit very irrationally with lots of moody swings. As far as real world stock goes silver does seem a good bet. Scarcity vs supply and demand. And sure has seemed to go up from last year. Might be worth buying to sell for fake money. Of course you need large capital to see large gains. I wonder how much silver he has and how much he is planning to make by explaining his investment strategy to million of people. albeit it sounds ..well sound, but what better way to make a buck. hence youtube free.
- World collapses - metal has value - you can make stuff with it
- plastic money is worth nothingali - you can? can u make bread? it would would be turning thigns back centuries. far more likely to keep up illusion printing.********
- after all if u had silver and u could cash it out at inflated prices based on fake money at 1000% u would********
- which now means your currency is trash. and u want the illusion to keep going to keep your windfall. jsut a big game********
- and thigns only have value if u find someone who values it. your coach pruse may have a value of 500 to you, but others... supply and demand********
- others?... well thats supply and demand, good natural law to follow********
- i mean come on any country callign another countries money supply out. especially if their large only hurts their own********
- no incentive to get rational and fix shit. just yell real loud and declare what u want********
- World collapses - metal has value - you can make stuff with it