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Thread: What is Money?
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Old 07-07-2025, 09:26 AM
OrangeBlossomBaby OrangeBlossomBaby is offline
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Quote:
Originally Posted by Bill14564 View Post
Not two minutes in and I get that uncomfortable feeling that the fast-talking, hand-waving guy is trying to sell me swampland.

I can put my trust in the full faith and credit of the US Govt. or I can put my trust in the fast-talking, hand-waving guy who wants to sell me something.
Why do you have to put your full faith and/or trust in either?

I don't have full faith in the US Government. But the US Dollar is the money I'm able to use here in the USA to represent my trade of goods and services. So I'll use it. Even though I don't trust it to remain stable indefinitely.

In fact, I know that it's not a stable commodity. It fluctuates. And THAT - the fact that it fluctuates - is really the only thing I have full faith and trust in.
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