Message from @Scribblehatch
Discord ID: 496115842354774017
It's not schenanigans, scrib, it's the whole point of money.
and it is immensely useful.
Money was meant to replace swapping random shit.
It is the reason we have all this shit.
fake money, is shit, I agree.
"I have a bunch of walnuts. Want this plate?"
its forecast to keep going up
fiat has issues
Sadly some of those gender studies people are employed. They work for those diversity consultant firms that are all the rage.
the fed has many rate hikes in to try and slow it
but fiat issues can be solved through policy, if there is political will to follow through with the policy.
ya, seems they are poking their heads back in gaming now....
"I don't like walnuts."
"Ah that's a shame. I wish there were a common thing we both agreed to want."
well, there was no agreement to want gold
You can't stop money from existing, people will barter with laundry detergent
Cigarettes
Everyone agreed that someone wanted gold, and that gold was finite.
people buying a $300k property now... it'll be worth a mill in probably 10-15 years
no, nobody agreed with "everyone"
because wages will also be much higher
it's just the aggregate result of lots of people agreeing individually to trade something for gold
no, lots of people agree that they value gold a certain amount.
9_9 Ugh.
it is a crucial distinction
Talking past each other here.
There's no consensus regarding what gold is worth, the price fluxuates
I just realized something!
there are a lot of people who do not value gold right now
like people who are drowning
Maybe gold is famous for fluxuating in price LESS than other metlas but it still fluxuates
I wonder how many people are drowning right now.
drowning people tend to crash economies?
Well if enough people drown it can crash an economy
In theory
2591
ppl r drowning when u asked
so there we go
sure as hell ain't everyone agreeing on anything
gold prices is set by usage rate and the cost of mining it