Quote:
Originally Posted by Aces4
In your mind, perhaps. The truth is the dollar is worthless in that it is like Monopoly money. More can be printed anytime and at the end of the day it’s a paper sheet which has no actual value. It’s being devalued as we post. I’d take land, gold or silver over it any day.
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"Land, gold, and silver" are nice to possess, but are difficult to carry around in your pocket. Or send to your niece in Oregon. They get translated to money / dollars , which get translated into a checking account. Then into a credit card. All for the purpose of convenient ECONOMIC transactions, without which there becomes basically no US economy. I don't think that we want that!
.......Owning land, gold, and silver is a GOOD idea as a hedge against inflation. But, the concept of MONEY has great importance!