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<p>[QUOTE="GDJMSP, post: 2734506, member: 112"]C'mon now, everything is produced through labor, including all paper, all cotton, all metals. Even the ink that is used to produce notes is produced through labor. So that doesn't help you define what is or is not honest money. By that definition anything can be honest money.</p><p><br /></p><p><br /></p><p><br /></p><p>As can the value of gold and silver, which has been done countless times throughout history.</p><p><br /></p><p>And while I realize that you didn't intend to do so, your own comment that value can be taken away by the govt. merely reinforces the point I made. That being that money is nothing but an idea. Throughout history the value of gold and silver was set by governments, and if they wished to change that value then they simply changed it to whatever they wanted it to be. </p><p><br /></p><p>Gold and silver are merely objects, just like paper, copper, nickel, cotton, aluminum, even the dirt in your own backyard - they are all just objects. And all of them have value. Granted, one may have more value than another, but they all still do have value. And they always have. And, they can all be bought and sold for and with - money. In whatever form that money happens to be at the time. And the value of that money is and always has been set by governments.</p><p><br /></p><p>Ya see, no matter which way one goes or which argument one presents, one cannot get around the fact that money is nothing more than an idea. And all it takes for anything to be money is for a group of people to agree and be willing to accept any object as money. All because it is nothing more than an idea.</p><p><br /></p><p>The honesty, the simplicity, the truth of this is self evident. Quite simply, it cannot be disputed.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2734506, member: 112"]C'mon now, everything is produced through labor, including all paper, all cotton, all metals. Even the ink that is used to produce notes is produced through labor. So that doesn't help you define what is or is not honest money. By that definition anything can be honest money. As can the value of gold and silver, which has been done countless times throughout history. And while I realize that you didn't intend to do so, your own comment that value can be taken away by the govt. merely reinforces the point I made. That being that money is nothing but an idea. Throughout history the value of gold and silver was set by governments, and if they wished to change that value then they simply changed it to whatever they wanted it to be. Gold and silver are merely objects, just like paper, copper, nickel, cotton, aluminum, even the dirt in your own backyard - they are all just objects. And all of them have value. Granted, one may have more value than another, but they all still do have value. And they always have. And, they can all be bought and sold for and with - money. In whatever form that money happens to be at the time. And the value of that money is and always has been set by governments. Ya see, no matter which way one goes or which argument one presents, one cannot get around the fact that money is nothing more than an idea. And all it takes for anything to be money is for a group of people to agree and be willing to accept any object as money. All because it is nothing more than an idea. The honesty, the simplicity, the truth of this is self evident. Quite simply, it cannot be disputed.[/QUOTE]
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