The Price of Gold: Does It Matter?

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Jim Mathias
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Joined: Mon Jun 13, 2016 8:48 pm

Re: The Price of Gold: Does It Matter?

Post by Jim Mathias » Sun Jan 12, 2020 8:50 am

Wade Hampton III wrote:
Sat Jan 11, 2020 3:11 pm
Wade speculates: "The status quo will be maintained. How, when, and where it will be maintained is the looming question. Gold will not lose its value. Chancellor Hitler made do without it because he found a way to monetize German labor. The same can be done again in a future NS state. It will certainly not relegate gold into a base metal."
Imagine a group of people who do the same, monetizing labor, among themselves on any scale. As long as the term "dollar" isn't used, the concept can be put into place nearly anywhere.
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Colin
Posts: 200
Joined: Thu Mar 28, 2019 10:44 pm

Re: The Price of Gold: Does It Matter?

Post by Colin » Sun Jan 12, 2020 12:27 pm

Jim Mathias wrote:
Sun Jan 12, 2020 8:50 am
Wade Hampton III wrote:
Sat Jan 11, 2020 3:11 pm
Wade speculates: "The status quo will be maintained. How, when, and where it will be maintained is the looming question. Gold will not lose its value. Chancellor Hitler made do without it because he found a way to monetize German labor. The same can be done again in a future NS state. It will certainly not relegate gold into a base metal."
Imagine a group of people who do the same, monetizing labor, among themselves on any scale. As long as the term "dollar" isn't used, the concept can be put into place nearly anywhere.

We have a barter network here. You get listed as to what service or product you offer, and then just trade for what you need that others on the network have. I have also met a few like minded people through the network.

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