4 ms·
Real world assets are not immune to fluctuations in value either. The idea that gold or some other physical asset has a fixed intrinsic value is an unfounded o
by rwj 13y ago
Real world assets are not immune to fluctuations in value either. The idea that gold or some other physical asset has a fixed intrinsic value is an unfounded opinion.
As an example, in the 17th century, the Netherlands experienced a large bubble in the value of... tulips.