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posted 3 years ago by Looking4Truth 3 years ago by Looking4Truth +275 / -2

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– CharlieChuckles 2 points 3 years ago +2 / -0

I’m not convinced, but I’m also not disagreeing. If the fiat becomes worthless, and I have gold. What good is that for me? Wouldn’t the barter system - and generally supply demand of needed/crucial goods replace the monetary system. I’ll trade you 20 chickens and a goat for those tires and 100 gallons of gasoline..... gold doesn’t do anything for me as I have no usable value. Please enlighten me. Thx

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– TrustingGod 4 points 3 years ago +4 / -0

Bullion is the intermediary for the times when the guy with tires & gas doesn't need chickens or a goat.

It's generic trade unit 1

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