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<p>[QUOTE="GDJMSP, post: 781273, member: 112"]Have to agree with you Billy - money is only what people accept it to be. It doesn't matter what form it is in. If people accept it as money - then it is money.</p><p><br /></p><p>And everything on this planet has value, anybody who thinks it doesn't, go try buying dirt sometime. You'll be surprised at just how expensive "dirt" is. And different kinds of dirt cost more than other kinds of dirt. And rocks - Boy Howdy ! Rocks can go clear off the charts !</p><p><br /></p><p>And anybody who thinks our fiat money doesn't have any value - gimme a break ! What do you buy all that gold and silver with ? What do you pay your mortgage or rent with ? What do you buy everything with ? </p><p><br /></p><p>Money is just an idea, nothing more. It is merely a convenience that allows us to conduct commerce.</p><p><br /></p><p>And don't give me any of this nonesense like - yeah but fiat money loses value because of inflation ? Do you think that when gold and silver were used as money that <b>they</b> didn't lose value because of inflation ?</p><p><br /></p><p>I've got news for you folks - inflation has been around since the dawn of time. Inflation has existed as long as man has existed. There is one and only one reason, one cause of inflation - US ! We the people ! Mankind, human beings - we ARE the creators of inflation. Nothing else is to fault for inflation but US !</p><p><br /></p><p>And it's really very simple, it's because we always demand more. We demand more for our time, more for our effort, more for our sweat, our work, our services. If it was not for that very simple thing - there would be no inflation. The value of everything that exist would remain static.</p><p><br /></p><p>So get over it. Whatever it is you think of money - it's all in your head <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 781273, member: 112"]Have to agree with you Billy - money is only what people accept it to be. It doesn't matter what form it is in. If people accept it as money - then it is money. And everything on this planet has value, anybody who thinks it doesn't, go try buying dirt sometime. You'll be surprised at just how expensive "dirt" is. And different kinds of dirt cost more than other kinds of dirt. And rocks - Boy Howdy ! Rocks can go clear off the charts ! And anybody who thinks our fiat money doesn't have any value - gimme a break ! What do you buy all that gold and silver with ? What do you pay your mortgage or rent with ? What do you buy everything with ? Money is just an idea, nothing more. It is merely a convenience that allows us to conduct commerce. And don't give me any of this nonesense like - yeah but fiat money loses value because of inflation ? Do you think that when gold and silver were used as money that [B]they[/B] didn't lose value because of inflation ? I've got news for you folks - inflation has been around since the dawn of time. Inflation has existed as long as man has existed. There is one and only one reason, one cause of inflation - US ! We the people ! Mankind, human beings - we ARE the creators of inflation. Nothing else is to fault for inflation but US ! And it's really very simple, it's because we always demand more. We demand more for our time, more for our effort, more for our sweat, our work, our services. If it was not for that very simple thing - there would be no inflation. The value of everything that exist would remain static. So get over it. Whatever it is you think of money - it's all in your head ;)[/QUOTE]
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