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Old 02-05-14, 01:22 PM   #39
MH
Ocean Warrior
 
Join Date: Jul 2008
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^The old socialist megalomania that competent central planners can forsee and plan human action and motivation, and thus can plan demand and make people meeting that planned demand with their personal desires, and all that planned economy bollocks.



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. Mankind experimented for millenia until gold and silver started to become dominant items used as currency. Also, gold and sioilve rbecame that because they were not ordered or planned by allknowing clever state authorities to be that, but becasue they were - AND ARE!!! - ordinary trading goods whose value is normally negotiated between market participants.
Same thing with paper money.
Just evolutional development , an adaptation to modern economy.
You may keep investing in precious metal if you wish....thats what it is all about....putting faith in something while others become millionaires of facebook.
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