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Atheist Forums › Discussion › Politics v
It's So Fucking Annoying

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It's So Fucking Annoying
theVOID Offline
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#9
RE: It's So Fucking Annoying
August 1, 2011 at 4:18 am
(August 1, 2011 at 12:53 am)Moros Synackaon Wrote: And what makes gold any more valuable than paper?

Nothing.

What makes it more valuable than paper as a material? Or paper as an aesthetic? Or paper money? All have something to do with desire, as all value does, but really it does't matter, the gold standard is proposed as a reserve currency not because gold has some intrinsic value because it's supply is finite and scarce, each paper dollar is promised a fixed quantity of Gold - Were a gold standard to be enacted tomorrow each dollar would buy you 0.0175 grams of Gold, this would place a firm limit on the amount of money than can be created by a central bank and place more pressure on a government to be fiscally responsible, they couldn't devalue the savings of all people by printing money because each dollar is guaranteed with gold which could be freely traded for goods and services.
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Atheist Forums › Discussion › Politics v
It's So Fucking Annoying

Messages In This Thread
It's So Fucking Annoying - by Minimalist - July 31, 2011 at 11:03 pm
RE: It's So Fucking Annoying - by padraic - August 1, 2011 at 12:49 am
RE: It's So Fucking Annoying - by Autumnlicious - August 1, 2011 at 12:53 am
RE: It's So Fucking Annoying - by Tiberius - August 1, 2011 at 2:03 am
RE: It's So Fucking Annoying - by padraic - August 1, 2011 at 2:32 am
RE: It's So Fucking Annoying - by theVOID - August 1, 2011 at 4:18 am
RE: It's So Fucking Annoying - by Cinjin - August 1, 2011 at 1:20 am
RE: It's So Fucking Annoying - by Autumnlicious - August 1, 2011 at 2:23 am
RE: It's So Fucking Annoying - by theVOID - August 1, 2011 at 5:30 am
RE: It's So Fucking Annoying - by Tiberius - August 1, 2011 at 3:17 am
RE: It's So Fucking Annoying - by Autumnlicious - August 1, 2011 at 4:40 am

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