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Good as GOLD. Some thoughts to ponder...
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<p>[QUOTE="Vess1, post: 786671, member: 13650"]That may be. But if that is so, then that tells us what gold there is should be worth many, many more times what it was back then because there are so many more people with less product. Maybe it should be much more valuable than it is now? </p><p><br /></p><p> Perhaps there is enough silver and it could be the next gold? If not, than something else would have to be explored. Maybe copper could fit the bill? I personally don't care what it would take.</p><p><br /></p><p> If a system of currency is to work long term, it has to represent something. If not only to keep the supply down. To represent nothing long term is a recipe for inevitable failure as supposed wealth can be created out of thin air to infinity. Does anyone disagree with this point? And which of these two scenarios are playing out day after day, year after year? Which brings me back to my first post here. Why do people wish to ignore this?[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 786671, member: 13650"]That may be. But if that is so, then that tells us what gold there is should be worth many, many more times what it was back then because there are so many more people with less product. Maybe it should be much more valuable than it is now? Perhaps there is enough silver and it could be the next gold? If not, than something else would have to be explored. Maybe copper could fit the bill? I personally don't care what it would take. If a system of currency is to work long term, it has to represent something. If not only to keep the supply down. To represent nothing long term is a recipe for inevitable failure as supposed wealth can be created out of thin air to infinity. Does anyone disagree with this point? And which of these two scenarios are playing out day after day, year after year? Which brings me back to my first post here. Why do people wish to ignore this?[/QUOTE]
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Good as GOLD. Some thoughts to ponder...
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