Umm.. yeah? Lol

Happens all the time.

how do i buy money

https://www.nakedcapitalism.com/2015/06/the-standard-definition-of-money-is-in-error.html

In the standard definition, Number 3 cannot possibly be true. Were Number 3 true, money would have value of itself. The value of money would be independent of what ever else an economy produced. But consider, the best monies are those instruments which have no intrinsic value whatever. How can any amount of something which has no value, be a store of value? Even where commodities have been used for money, (and this may be the origin of the error,) they have tended to be those commodities, precious metals, for instance, which, because of their properties, were of only limited economic use. The reason for this is known and simple: These commodities had to be more valuable as money than they were valuable as commodities. If they were more valuable as commodities, they would be consumed, and so their use as money would disappear. But this implies that the value of these commodities, as money, over their value as a commodity, is not intrinsic, but as with plain fiat money, purely a matter of other factors. That is, the value of the commodity as money is not based on any intrinsic value of the commodity to the economy.

So fiat money has no intrinsic value, and therefore cannot be a store of value. If the economy produced only money, that money would have no value. It does not have value as, say, a refrigerator full of food has value, or a tank filled with gasoline. But, what the third function of money actually is is as a store of demand. If you have $100 in the bank, or in your pocket, you have a store of demand, which you can keep as long as you want, and when you choose to, you can spend it. You can demand something which is offered for sale, to the amount of $100.

There is such a thing as commodity money, which has uses outside of the realm of exchange.

i love jews 😻

yeah ut we dont use those anymore

@Deleted User That's quite a strawman.

i got invited here

someone said that this is the anime right discord

idk if thats true

@Queef Madagascar Yeah, we do. It's called gold and silver.

so imma just shitpost in here

gold is a commodity

Right. It's a kind of commodity money.

@Queef Madagascar#8856 Up until FDR, gold was used as the currency in the US.

Paper was just used to substitute for the lack of physical gold.

ok but its not anymore

Then that got revoked and people got their money quite literally stolen from them.'

It has value as a medium of exchange, as well as intrinsic value.

wtf stupid bot let me post images

u nig

stop

I've actually made purchases with gold and silver.

@Deleted User Not in that sense, gold was used as money in the US almost exactly as it was today, except you coulden't make more of it, meaning that it had a set value.

yes you can exchange thing that doesnt make it money

wjem you see a libratd

your exchanging the fiat value

that doesnt dip

Actually, you could make more of it. And it doesn't have a set value, it fluctuates.

whats ur point

@sosa You are almost unbelievably stupid. You clearly suffer from unaddressed mental illness.

^

@Deleted User wjhat

@Deleted User Artifical gold does not carry the same value as it does mined gold, and it cannot be done in the same sense as you can for printing money, you could put decades of research and hundreds of billions into development for methods that do attempt to do such a thing, but it is unlikely that you could do such a thing, it's the reason we aren't mass producing artifical jewels today in order to make a shit ton of money.

@Queef Madagascar#8856 @Deleted User This server is currently plagued with trolls, they will eventually leave by themselves once they get bored, or they can't troll anybody anymore.

What is "artificial" gold? You mean gold that's been processed after it's been mined? And we definitely do mass produce 'artificial jewels'..

You can find them in department stores everywhere. They're known as lab jewels.

Wal-Mart makes a shit ton off them.

artifical gold isnt a thing

@Deleted User No, I am talking about the gold that is made in a lab.
Yes, they have a clear difference from natural jewels as well, and they are primarily used in heavy equipment since they are some of the hardest materials known to man.

thats not a thing

Lol

yfw alchemist wizards have perfected the art of transmuting earth into gold

what are you on

@Queef Madagascar#8856 It is possible with the use of a nuclear reactor!

wHAT

lab gold is not a thing

It's time to lay down the crack pipe, Rex.

@Queef Madagascar#8856 You can use a particle accelerator or a nuclear reactor to create gold artifically, but such a process is extremely impractical as it only makes microscopic amounts of gold.

Sup disgusting red peices of shit, and @Deleted User

How yall doin

@chill with that shit How is it going my jew?

Pretty cool

Just jewin around

Chillin with some homless people here and there

Basic shit

@chill with that shit I'm guessing the waifu let you use the computer again?

wow ewhere did the red car go the convertible go omg

😯

What in the fuck u talkin bout @Deleted User

https://en.wikipedia.org/wiki/Synthesis_of_precious_metals

holy fuck

No @sosa

@Deleted User How to get your own extremely rare and precious materials fast: Get a particle accelerator.

@chill with that shit I'm talking about the fact that you're a basement-dwelling, sperg-virg weeb.

Lmao anime is shit

Why u assume all this?

do ou like family gyu

family guy

the show on tv

You all triggered cause I exist? I didn't say shit to you

@Deleted User Fair enough, but I wouldn't consider that 'artificial' gold.

@chill with that shit You did, actually. Just now.

When did I say shit to you

You just did.

Fuckin when?

rate my setup

Just now.

I never insulin you, I never said shit to ya

Damn, I forgot about that insulin shot. Why didn't you remind me?

@Deleted User It was made in a big lab using nuclear fission that was also artifically made, and it is fairly different than the ones you would find under the earth, because they have spent god-knows-how-long underneath the surface of the earth, changing over time, while with a particle accelerator/nuclear reactor, you get it in a form in which it was just created, and is different than that of "natural" gold.

Too busy pleasuring the angry inchworm to some Family Guy hentai I guess.

@sosa Did you discover 4chan a few weeks ago buddy and had your little mind BLOWN?

@Welleran what tf is 4chan

@Deleted User It really comes down to what you mean by "natural".