Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: C210N

“Convert inflating near-useless fiat dollars to physical PMs.”

I wouldn’t trade my last loaf of bread for a wheelbarrow full of gold coins.


18 posted on 03/20/2024 11:46:35 AM PDT by Magic Fingers (Political correctness mutates in order to remain virulent.)
[ Post Reply | Private Reply | To 11 | View Replies ]


To: Magic Fingers
I wouldn’t trade my last loaf of bread for a wheelbarrow full of gold coins.

The 'Time Bomb' is fiat. Not things.

Things have value: Homes, automobiles, boats, airplanes, gold, silver, and....yes, a loaf of bread.

Here is a useful measure, intrinsic value.

The intrinsic value of a loaf of bread is a full stomach for a meal or two.

The intrinsic value of a fiat dollar is Zero (0).

22 posted on 03/20/2024 12:23:55 PM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
[ Post Reply | Private Reply | To 18 | View Replies ]

To: Magic Fingers

Gold coins aren’t going to buy food that doesn’t exist.

Brass and lead, OTOH, can supply a meal.

Learning skills of growing and preserving food keeps you from being dependent on the government and having to expose yourself to unnecessary danger by going shopping.


24 posted on 03/20/2024 12:24:44 PM PDT by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus…)
[ Post Reply | Private Reply | To 18 | View Replies ]

To: Magic Fingers

A wheelbarrow full of gold coins would be awfully heavy.


25 posted on 03/20/2024 12:27:08 PM PDT by Disambiguator
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson