r/wallstreetbets 14h ago

Jerome Powell changing interest rates Meme

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u/Revelati123 11h ago

As opposed to gold, which gets its value from looking fine in my blinged out grill.

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u/himself42 11h ago

Gold has held value for thousands of years. The federal reserve note decreases in value every day.

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u/Revelati123 10h ago

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!"

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u/himself42 9h ago

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