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Money existed before government began to interfere with it, and lots of people own gold and silver coins. Its probablt best to consider government fiat as a spe
by chordalkeyboard 6y ago
Money existed before government began to interfere with it, and lots of people own gold and silver coins. Its probablt best to consider government fiat as a special case of pseudo-money.
- BerislavLopac 6y agoI meant "government" in a much wider sense; perhaps "society-approved" might be a better way to put it.
- chordalkeyboard 6y agoThat makes sense but then you can still own money that is a physical commodity like silver.