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re: Can someone explain the concept of gold to me?
Posted on 3/11/16 at 11:44 am to Mootsman
Posted on 3/11/16 at 11:44 am to Mootsman
quote:
Pretty to look at but ultimately useless.
Not an honest statement as gold is used as conductors in computers and electronics, orthodontics uses, spacecraft.
You can say the same about the dollar. It's a just a printed paper. No intrinsic value. And yet it has value. Why?
1
Posted on 3/11/16 at 12:16 pm to PeteRose
I am compari it to the American dollar. I'm not saying it doesn't have some uses but it has little practical uses.
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