/biz/ - Business & Finance

>>11084881
You must be trolling or simply legit retarded.
Say you had 2 ounces in 1920. You buy OIL with one and keep the other. You are cryogenically frozen with both your OIL and your remaining ounce.
You wake up in 2018. You want to exchange that oil for gold, will you get your ounce back? No, you shouldnt because oil production has ramped up.
Now according to you, you should be getting the same oil as in 1920 with the ounce you kept. Instead you get way more, why? Production increased, oil got cheaper. You were rewarded for holding a piece of shiny metal. Is that the function of money according to you? That sounds more like an investment than money doesnt it? Because you are getting more goods for the same amount.
Money should only be a means for exchange, it should NEVER be a merchandise that fluctuates in value. If gold is money but with time its getting you more goods, then its appreciating money, you are encouraged not to spend it.