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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (1433)	10/22/2005 3:44:47 PM
From: elmatador	Read Replies (3) \| Respond to of 218169

wait! we need some ACCEPTABLE means of trade. Money is just a way to provide an accurate way to valuate something tangible when it come to trade. Money is like a thermometer. You can measure in K, C or F. But water will always boils and water will always freeze solid IRRESPECTIVE of the thermometer you use. The way you're looking at it: You can have 100% cash but you are not make the connection of that cash to something that can be valuated using that cash as a mean to valuate goods and services. Now we need some means of storing value. And there is where TJ enters the fray. He's saying (and that is how I read TJ) there is gold that can be used as a way to store value because you can't create it by electronic means or by the printing press. He says: as the trusteable mean of storing value, it is better to store it as a gold pile rather than the cash that can be manipulated.