/biz/ - Business & Finance

>>30036191
A state bank not owned by Jewish finance isn't perfect but it is better. When a nation can issue money free of debt and obligation it is much better then when all money is issued with debt and interest that is owed to a group of jewish financiers.
Of course I like the idea of using pure gold and silver as money in a libertarian lala land where jewish financiers aren't trying to monopolize all things however the world we live in requires a final, not a financial, solution.
Basically in the worlds of the anarcho-capitalist Doug Casey 'some people just need to die.'

>>29163345

>>29039875
You can't build anything with gold, nor can you fight wars with it. It's a metal that has limited industrial use that is valued massively for its value as a monetary metal.

>>29039902
Rather value is subjective and scarcity determines the price of something. If it is subjectively valuable and also scarce then it will be highly priced.

>>29040093
Part of a objects value is determined by scarcity, if gold was as abundant as wood then it would have little value wouldn't it due to it's huge supply. If you seriously believe objects have some sort of god given intrinsic value then you are silly. Value is the price of something, the price of something is determined by some sort of market mechanism. The reason why we are so excited by Silver is due to the massive manipulation in the silver market over decades which leads people to believe that it is undervalued compared to where it rightfully outta be. This isn't due to Silvers 'intrinsic value' but rather due to 1:Massive manipulation of decades leading to silver being 1/2 of it's 1980 high, 2. the massive amount of money printing, 3. The long history of silver acting as money back stoping confidence 4. out of wack GSR leading to more returns stacking silver rather then gold and 5. Massive industrial uses and it is only going to increase with the whole 'green new deal' stuff.

All these reasons to be bullish on silver has nothing to do with its 'intrinsic value'. It doesn't have value in of itself, but rather it has value because what humans think of it and what we can do with it.