2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.98

+1.3%

Nov 28 4:00 PM EST

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To: bart13 who wrote (109387)	12/30/2014 10:07:39 PM
From: Metacomet	Read Replies (2) of 218074

I suppose the primary issue is that fiat is a piss poor store of value ..but I'm not sure if that is all bad The concept of money was to facilitate trade, a paradigm shift from a barter economy ..as such it might properly be viewed as a technological change The problem of value retention probably was not a primary concern as folks were simply looking for a way to get a loaf of bread without say, a wheelbarrow full of gravel To expect the value of trading specie to stay constant in your mattress is asking too much, bread goes up, gravel goes down.... You need to buy gold or real estate with your currency It remains constant for what it is, trade lubricant ..you have to buy something else to hold value..or rely on the interest rate setters

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