Comments on: Bretton Woods II: Will a New Financial-World Order Solve the Economic Crisis? http://www.conspiracyarchive.com/Blog/?p=816 Anti-Theory Conspiracy Thu, 23 May 2013 19:12:25 +0000 http://wordpress.org/?v=2.6.1 By: dr http://www.conspiracyarchive.com/Blog/?p=816#comment-1831 dr Sun, 26 Oct 2008 08:11:35 +0000 http://www.conspiracyarchive.com/Blog/?p=816#comment-1831 The only purpose of currency is to facilitate the exchange of goods with practical value (food, fuel, land, etc). The inherent value of a medium of exchange has no bearing on its suitability as a facilitator of exchange. Gold is worth nothing. It is a useless metal, with no practical applications. It is a monkey currency that appeals to primates who like bright and shiny things. Paper money isn't any different, but to claim that one is above the other, is deeply foolish. The only purpose of currency is to facilitate the exchange of goods with practical value (food, fuel, land, etc).

The inherent value of a medium of exchange has no bearing on its suitability as a facilitator of exchange.

Gold is worth nothing. It is a useless metal, with no practical applications. It is a monkey currency that appeals to primates who like bright and shiny things.

Paper money isn’t any different, but to claim that one is above the other, is deeply foolish.

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