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Gold and many other useful commodities are valuable with or without fighter jets backing them.
by beaglesss 2y ago
Gold and many other useful commodities are valuable with or without fighter jets backing them.
- mistercheph 2y agoYes, but not transferable.
- beaglesss 2y agoCommodity money has been a thing in many times in history.
- mistercheph 2y agoWhy isn't it today?
- beaglesss 2y agoIn fact it is in many rural lawless areas where there is effectively no state, like gold mining regions of Brazil/Guyana/west africa Fiat dominates in strong nation states because in part everyone needs it for taxes.