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LonelyLadypedeSF_CA 0 points ago +1 / -1

I'm not big on economics - I've always wondered why TPTB couldn't just one day up and say gold is worthless. I mean, with China in charge, will anyone care about genuine beauty, lasting quality, or using substances that don't corrode? IDK, guess I'll keep buying the stuff anyway!

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RedWhiteandPew 2 points ago +2 / -0

Because gold is the only actual currency of value, everything else is fiat currency - and everyone knows it.

"Gold Is Money, Everything Else Is Credit" - JP Morgan

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LonelyLadypedeSF_CA 1 point ago +1 / -0

That and your downvote explain it so well - thanks.

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RedWhiteandPew 2 points ago +2 / -0

I didn't downvote you.

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LonelyLadypedeSF_CA 2 points ago +2 / -0

Ok, no biggy!