Re: What is Money anyway?
wow didn't expect this on here (new to the forum)
i think this ties in with another post about Gold hence why so many countrys (mainly US, UK and germany i belive) have TREMENDOUS reserve's of gold, its a precious metal, since someone banged some flat in their mud hut and made it look pretty its been sought after, there is not an endless supply, its not very easy to get and it will allways be desired.
therefore people put more faith into it, as indeed they should IMHO :-
which has more chance of being worthless tommorrow
£1,000,000 in used £20 notes
or
20 bullion bars.?
in the event of WW III i would much rather have the bars tyvm
|