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<p>[QUOTE=&quot;GDJMSP, post: 507913, member: 112&quot;]You can say if you want, but the reality of the situation is they do have intrinsic worth. The metal used to make those coins cost money, that means it has worth. It just doesn&#039;t have a worth that equals the face value. </p><p><br /></p><p>But then, coins never did, even the silver and gold coins. People always seem to forget that little fact. But no silver dollar every had a dollars worth of silver in it. And no double eagle ever had 20 dollars worth of gold in it.</p><p><br /></p><p>So for people who complain about this fact - our current coins not having any intrinsic value - they are complaining about the wrong thing. What they should be complaining about is that our current coins have less intrinsic value than before - that&#039;s all.</p><p><br /></p><p>And if you want to get right down to it - nothing has any intrinsic value. The idea itself is a myth. Gold, silver, diamonds - what have you - it&#039;s all the same. The materials only have value because we are willing to accept them as having value. It is an idea, nothing more.</p><p><br /></p><p>Think I&#039;m wrong ? I&#039;m not. For example, would you say that sea shells have intrinsic value ? Or how about knotted cords of string ? Or large stones ?Why not ? They were all used as money once. And they were used as money because people were willing to accept the idea that those objects had value.</p><p><br /></p><p>Want more proof ? Well it&#039;s so simple it&#039;s pathetic. What do you&nbsp; use to go buy that gold and silver that you think so highly of ? You use that worthless money that has no intrinsic value.[/QUOTE]</p><p><br /></p>

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