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<p>[QUOTE="bhp3rd, post: 786397, member: 16510"]<b>Wrong - I think I clearly stated that my grocery store accepts</b></p><p><br /></p><p><br /></p><p> </p><p> Yes & no - I think I clearly stated that my grocery store accepts and welcomes my U.S. Paper money each and every time but now that you bring it up, "worth and need or purpose are very closely related and hard to seperate"! Worth is use and/or stored value in something. This is a good subject and I'm glad you are challeging me on it - I love it!</p><p>Technically your right - none of those things are "worth anything unless you need them" or can somehow use them to your advantage. Clearly an object sitting there with no use or need for me or you has no value at all</p><p>- it's value is when applied. It's in the application or transferece to have any value.</p><p>Perceived value or wished for value and $1 will get you the same (small) cup of coffee at McDonalds.</p><p>To be perfectly frank about all this there is no more value in a chunk of gold or silver or a piece of wood - it's all relative until traded or needed or used. Just read the story of the S.S. Central America. There was a day when gold was worth nothing, they scattered it about like trash because they knew it would kill them even quicker than they were going to die - it (GOLD) at that moment became weight worth nothing.</p><p>To put down paper of Fiat Money and in favor of gold and silver has advantages and disadvantages like all things in life the answer is both yes & no, true and not true, good and some bad, value and little value and risk and no risk - none as far as I can see has any inherent value over the other until you get into real wealth like a country's stored amount - even then aren't all the eggs in one basket for one lucky over throw attempt and then would it not be favorble to have had a little deversity spread around instead of sitting in one place??? </p><p>Thanks,[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 786397, member: 16510"][b]Wrong - I think I clearly stated that my grocery store accepts[/b] Yes & no - I think I clearly stated that my grocery store accepts and welcomes my U.S. Paper money each and every time but now that you bring it up, "worth and need or purpose are very closely related and hard to seperate"! Worth is use and/or stored value in something. This is a good subject and I'm glad you are challeging me on it - I love it! Technically your right - none of those things are "worth anything unless you need them" or can somehow use them to your advantage. Clearly an object sitting there with no use or need for me or you has no value at all - it's value is when applied. It's in the application or transferece to have any value. Perceived value or wished for value and $1 will get you the same (small) cup of coffee at McDonalds. To be perfectly frank about all this there is no more value in a chunk of gold or silver or a piece of wood - it's all relative until traded or needed or used. Just read the story of the S.S. Central America. There was a day when gold was worth nothing, they scattered it about like trash because they knew it would kill them even quicker than they were going to die - it (GOLD) at that moment became weight worth nothing. To put down paper of Fiat Money and in favor of gold and silver has advantages and disadvantages like all things in life the answer is both yes & no, true and not true, good and some bad, value and little value and risk and no risk - none as far as I can see has any inherent value over the other until you get into real wealth like a country's stored amount - even then aren't all the eggs in one basket for one lucky over throw attempt and then would it not be favorble to have had a little deversity spread around instead of sitting in one place??? Thanks,[/QUOTE]
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