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tootalljones

05/09/23 9:24 AM

#35635 RE: AlwaysRed #35634

I think the much stronger argument, in lieu of gold and silver being used as currencies and exchange facilitators for thousands of years, is why and how did it come to be that slips of paper with ink on them came to be currency facilitators, since they have no inherent value whatsoever. how much can be slips of paper be worth, and why isn't therefore McDonald's trash also considered money, or pizza boxes if you cut them up into small pieces? Where do they have any value whatsoever, except at the point of a gun by this country or that?
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tootalljones

05/09/23 9:28 AM

#35636 RE: AlwaysRed #35634

women could be trade facilitators and no doubt have served as such for thousands of years, but the problem is scarcity. Plus, one can argue they are ephemeral, etc...
https://www.zerohedge.com/geopolitical/why-china-its-trading-allies-are-well-placed-topple-dollar