Re:Central bankers rethink their devotion to slaying inflation
by mbetter on Sunday December 23, 2012 @05:25PM
(#4960921)
Gold is not money.
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Re:Central bankers rethink their devotion to slaying inflation
by maeon3 on Wednesday December 26, 2012 @08:13AM
(#4969120)
Gold has held it's value and increased in value since it was first recognized as a currency. Since the US Dollar was created, it has lost 99.99% of its value.
Gold = Money. When you get some in your possession, you have something people will covet, and continue to covet as long as gold can't be created from thin air.
USD = Not Money. It's a socialist shared bank account where others can withdraw from it without you knowing about it.