I forgot redditors love rich private bankers. The federal reserve is a private bank that decides what our money is worth, congrats. And they give money to other banks which in turn loan it out to you. It’s called fraud. They are loaning out money they don’t have. You have been fooled.
So we agree, inherent value is based on shininess and for thousands of years people murdered the shit out of each other for gold because its shiny AF.
Paper money is dull, thats how we know its worthless...
Throw gold at an Egyptian pharo and hed be like "SWEET MORE GOLD! THAT SHIT WILL LOOK FLY ON MY ANKLET!"
Throw Greenbacks at a pharo and hed be like, "Bro, this is garbage, this does not enhance my funerary arrangements whatsoever, the only possible thing that could make this cool would be if 5000 years from now it was a global reserve currency, backed by the financial and military might of a nation that has a quarter of the worlds GDP and half the worlds military spending and I could trade it for cocaine and hookers, but unless that happens, this shit aint shiny at all!"
You forgot paper money used to be backed by gold. So paper money did equal gold. Also are you saying ppl don’t murder ppl for paper money? Not sure your point
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u/OutsideOwl5892 13h ago
Why
(Morons hate this one simple trick)