What is Money? What is Money? - Page 3 - Talk of The Villages Florida

What is Money?

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  #31  
Old Yesterday, 03:23 AM
MorTech MorTech is offline
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Quote:
Originally Posted by Aces4 View Post
No electricity.....nocomputers...... cash is dead.
No electricity.....nocomputers...... cash is dead....Most of us will die.
  #32  
Old Yesterday, 03:24 AM
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Quote:
Originally Posted by MrLonzo View Post
I learned what money is when I was 26 years old reading Ayn Rand's "Atlas Shrugged".
I encourage every one to read "Broken Money" by Lyn Alden.
  #33  
Old Yesterday, 03:31 AM
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The USD Ponzi is FAR from collapsing. Every other currency in the world will collapse first. The USD is the best horse in the glue factory. Bitcoin is the only alternative to fiat as Adam explained.
  #34  
Old Yesterday, 02:17 PM
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USD (like all fiat) is loaned into existence at interest. USD is debt that must continually expand or you will have cascading debt default which is how all Ponzi schemes end. That is the system we have in this world...For now. USD (or any fiat) is not money.

For fun: Research John Law and the Mississippi Bubble to understand.

Last edited by MorTech; Yesterday at 03:20 PM.
  #35  
Old Yesterday, 03:48 PM
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What is money? That’s money. You can carry it in a money clip in your pocket. You can’t do that with some kind of crypto block chain bull $hit.
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