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To: prometheus1976 who wrote (70865)	12/27/2008 10:45:11 AM
From: marcos	1 Recommendation Read Replies (1) \| Respond to of 74559

Oh but that's so unfair, prometh - imagine how much better off that fellow would be today if instead of that useless metal he had stashed away a sack of Consolidated Galilee Smoke Signal & Homing Pigeon Co Ltd shares 'In the long run we are all dead' - some economist dude 'The study of economics exists not to solve any problems or give any answers, but to avoid being bamboozled by economists' - some economist dudette [paraphrase] 'You can add up the parts but you won't have the sum You can strike up the march, there is no drum Every heart, every heart to love will come but like a refugee. Ring the bells that still can ring Forget your perfect offering There is a crack, a crack in everything That's how the light gets in.' - some singer dude

To: prometheus1976 who wrote (70865)	12/27/2008 7:23:32 PM
From: Maurice Winn	5 Recommendations Read Replies (2) \| Respond to of 74559

I have thought for several minutes now and can't see how my gold comments are poorly considered and superficial. If we stick with actual facts rather than imagined values, what actually happened was: 1. Somebody dug up some gold at great effort [instead of doing something more useful such as invented Google, CDMA, gene chip arrays, hybrid corn, or even something simple like pneumatic chariot wheels with independent suspension]. 2. Somebody melted it and cast it into those coins. 3. Somebody worked for the person who dug up the coins and offered them for sale [swapping land, share certificates, food, horses, swords or other things for the gold - maybe even something as simple as good table service at a Fast Supper]. 4. That person [or somebody else in the chain of transactions] buried the gold again in a hiding place. 5. The gold sat there for over 1000 years. 6. Somebody took over the land and building where the gold was hiding [by force = killing or chasing away the previous owners] 7. They gave permission to people to dig around to see what they could find. Gold!!! 8. The people who now own the gold can swap it for land, share certificates, food, horses, swords, CDMA/OFDM powered cyberphones, Google advertisements, DNA analysis etc. If the original effort in digging up the gold hadn't been wasted in such a pointless effort, but the diggers had invented CDMA/OFDM cyberphones, Google etc way back then, then for 1000 years people could have enjoyed the good things invented. Digging up and burying gold in hiding places is no more valuable than digging holes and filling them in again, or just sitting doing nothing. For a short time, people can say, "Look how wealthy I am, I have 3 holes and 3 lumps of gold" Then they fill in the holes and hide the gold and the value disappears. They are no more valuable than moais on Easter Island. They just sit there doing nothing. It's only while people say, "Gosh, that's valuable, so I'll give you loads of good stuff in exchange" that gold and moais are valuable. Mqurice