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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: Maurice Winn who wrote (3843)1/31/2006 11:03:19 AM
From: Crabbe  Read Replies (2) of 219230
 
Of course if people steal money, that doesn't mean they are worth anything. Money is intended to be exactly the measure of human value. People get paid more if they do better things. People who aren't worth so much get paid less.


Money is not meant to be the measure of human worth. Money is a medium of exchange, nothing more, nothing less. Money has no intrinsic value, it only has the value each and everyone of us place on it.

Examples of money becoming worthless would be post WW I and Post WW II currency collapses in various countries such as Danzig, Germany and Poland, 1920-1922, Hungary 1945-56, China 1935-1945. There is a story of needing wheelbarrows of cash to buy a loaf of bread, even the story of a wheelbarrow full of cash that was stolen, the wheelbarrow, not the cash, the cash was dumped on the ground.

If you need to be valued by how much money you have, or how much money you are paid, that is fine by me. However, I think that your value is better classified with your fine mind. (in most cases).<g>

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