Saturday, November 1st, 2008
Looking at the number of money related articles on this site you’d never suspect that I think everything ever purchased is worth more than the money used purchased it.
When you purchase something you give money to get what you want. Why would you give up something more valuable than you’re getting? [...]
Tags: barter, Division of Labor, exchange, gold, investment, money, silver, value
Posted in Division of Labor, Values, YO, gold, money, silver, value | 3 Comments »
Friday, August 29th, 2008
People are now referring to precious metals as the best investments. Why would merely parking your money in silver or gold be considered the best investment for your money when all you’ve done, by definition, is store it? This implies that you could make more money just by storing it than by any other means?!
Calling [...]
Tags: dollar, economy, fiat, gold, investment, money, silver, value
Posted in Finance, Personal, economy, gold, inflation, silver, value | 2 Comments »
