U.S. TREASURY WILL SUSPEND SALE OF STATE AND LOCAL GOVERNMENT SECURITIES ON JULY 30 TREASURY WILL "NEED TO START TAKING CERTAIN ADDITIONAL EXTRAORDINARY MEASURES" TO PREVENT U.S. DEFAULT IF CONGRESS DOES NOT ACT BY AUG 2 - YELLEN I told you a few weeks ago to watch this... - The Great Awakening

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U.S. TREASURY WILL SUSPEND SALE OF STATE AND LOCAL GOVERNMENT SECURITIES ON JULY 30 TREASURY WILL "NEED TO START TAKING CERTAIN ADDITIONAL EXTRAORDINARY MEASURES" TO PREVENT U.S. DEFAULT IF CONGRESS DOES NOT ACT BY AUG 2 - YELLEN I told you a few weeks ago to watch this... (twitter.com) 🧐 Research Wanted 🤔

posted 3 years ago by Vidura 3 years ago by Vidura +161 / -1

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– WildStar 0 points 3 years ago +1 / -1

You're wrong on this one: the value of gold and silver is extrinsic. It's only value is as a medium of trade.

Food, land, ammunition, tools: These things have intrinsic value. You can use them even if no one is trading with you.

If I have a fish, I can trade it or I can eat it. It always has value.

If I have a chunk of silver or gold, it's worthless unless someone else is willing to trade something of value for it.

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– deleted -4 points 3 years ago +1 / -5

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– WildStar 1 point 3 years ago +1 / -0

Because of course that's why you say to buy gold and silver. So we can build lots of computers.

Nice deflection, imbecile.

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– deleted -2 points 3 years ago +1 / -3

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