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Adding to my stack... Just keep adding just one more
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<p>[QUOTE="medoraman, post: 4298439, member: 26302"]I would say converting currency into a storable commodity. Try taking that gold to Walmart and get full value for it sometime. Remember "money"s primary job is as a recognized medium of exchange. PM stopped being that a long time ago.</p><p><br /></p><p>Hey, nothing in the world is wrong in not having currency, but commodities instead. I have more PM than a lot of people here. I convert some money into PM periodically and have for decades. Its a valid premise, but unless the Zombie apocalypse comes, it is not "money" right now, it is a commodity that offers certain protections and is portable, that can be converted into currency by selling to others.</p><p><br /></p><p>Maybe "money" is a dead term. It used to be medium of exchange and store of value. Modern economies have split these two functions, and nothing REALLY is "money" anymore, for both aspects at least.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4298439, member: 26302"]I would say converting currency into a storable commodity. Try taking that gold to Walmart and get full value for it sometime. Remember "money"s primary job is as a recognized medium of exchange. PM stopped being that a long time ago. Hey, nothing in the world is wrong in not having currency, but commodities instead. I have more PM than a lot of people here. I convert some money into PM periodically and have for decades. Its a valid premise, but unless the Zombie apocalypse comes, it is not "money" right now, it is a commodity that offers certain protections and is portable, that can be converted into currency by selling to others. Maybe "money" is a dead term. It used to be medium of exchange and store of value. Modern economies have split these two functions, and nothing REALLY is "money" anymore, for both aspects at least.[/QUOTE]
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Adding to my stack... Just keep adding just one more
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