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To: BfloGuy

Good point; when countries “re-evaluate” their currencies, their people see their cash lose value quickly. I remember years ago when Argentina did it; they had a “bank holiday” where they were closed, but some enterprising people figured out that they could get money out in casinos in Uruguay - so they could spend the soon-to-be-devalued money in their bank accounts before it was decided that it was worth half as much/could only buy half as much.


22 posted on 05/23/2019 2:26:20 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: kearnyirish2

Here’s another thought to add to the mix. Gold, salt, silver, wampum, paper - all used at one time or another as a medium of exchange and store of value - have no worth unless, plain, old-fashioned WORK is associated with them.

If no one ever accomplishes productive enterprise, what’s the use of money?


23 posted on 05/23/2019 2:35:16 AM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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