Home › Forums › Financial Markets/Economics › Are we bankrupt as a country? › walterwhite wrote:all
[quote=walterwhite]all monetary units are social constructs.
gold is the only monetary unit that will never completely fail.
all other money will someday not exist.
oil and wheat aren’t money. theya re stuff you buy with money.
gold is beautiful and humans love beauty.[/quote]
Gold is garbage, and Humans love Garbage.
Gold is no more valuable then any other material. Suppose a large gold strike is made. Gold becomes worthless.