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To: DiogenesLamp
A Van Gogh might be worth 100 million dollars. That's only for the condition of full bellies, warm houses and no cares in the world.

It is only worth what other potential owners are willing to pay.

In practical terms, it is worth mostly nothing.

Agree.

84 posted on 03/30/2021 3:47:05 PM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: aMorePerfectUnion
It is only worth what other potential owners are willing to pay.

My point is that this is only true during conditions of prosperity and world wide calm. I guess my mind always thinks about the potential for everything to go badly in the future, and as a consequence I believe people should design their lives for robustness and assume that bad things are going to happen for which they need to be prepared.

I should not be surprised if China invades Taiwan within a year or so.

Best to have real world tangible assets, but that's just me.

91 posted on 03/30/2021 4:05:03 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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