To: mugs99
Fiat currency has no value. It is an IOU.That's funny too! I just bought some food with my fiat money. It must have some value after all. I bet I could even buy gold with fiat money. My fiat money must be really valuable if I can get people to give me that valuable gold for it!!!
112 posted on
12/08/2005 11:15:01 AM PST by
Toddsterpatriot
(The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
To: Toddsterpatriot
That's funny too! I just bought some food with my fiat money. It must have some value after all. I bet I could even buy gold with fiat money. My fiat money must be really valuable if I can get people to give me that valuable gold for it!!!
ROFL!!!
Fiat money has collapsed many times in history. Gold never has. Money is a measurement of labor. You have to do more labor for those fiat dollars than I do for gold. You can trade me your five hours of labor for my one hour any day!
.
114 posted on
12/08/2005 11:25:34 AM PST by
mugs99
(Don't take life too seriously, you won't get out alive.)
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