What Is Money?
Loading...
Link to this comment:
Uploader Comments (shanedk)
Video Responses
All Comments (1,233)
-
Most of all would be the Venus Project nutbars.
And of course, liberals who think freedom is good (freedom of speech!!!11); but as soon as money enters the equation they think otherwise (ban spam!!11).
-
@Lodatzor Gold is just a convenient way of trading something of value. the value of everything is worked out through supply and demand. the demand for gold isn't high, but because it's such a rare metal, it's rarity drives the value up.
You don't really want a substance that's too useful at doing other things (like platinum, which is used in catalytic converters), otherwise you'd get deflation whenever that resource is used up.
-
"Watch the very video you're commenting on."
I did. Gold is not worth more than anything else, intrinsically. It is simply the value we ascribe to it. Money based upon gold is the same as money based upon any finite resource.
The root issue is still the same: you establish something to hoard, and thus set up a system whereby acquisition is the only benchmark of success and happiness.
It won't solve a thing, and indeed only take us backward.
-
@McPrfctday That's true, it's noncorrosive, and can't be destroyed except in a science lab by a process that's completely reversible.
-
@shanedk Another reason to add to your list is that gold doesn't tarnish. It will literally almost never corrode or go dull. Fools Gold will rust in no time at all in the open air. But I'm agreeing with you, gold has a ton of reasons to be used other than it's shininess!
-
the amazing statheist. what a boob
8:40Money - History's Biggest Scamby exposedlie12,368 views
- 8:18How MONEY & BANKING Really works - Part 1 (2 of 5)by Simfinet12,967 views
- 5:21DOLLAR VS GOLD STANDARDby BernardoLang10,871 views
- 3:53How Your Money Worksby Bitfilm8,234 views
- 9:20How Inflation Worksby shanedk16,443 views
- 4:57End the FEDeral Reserve System Cartoonby truthbomb18,823 views
- 10:04How MONEY & BANKING Really works - Part 1 (1 of 5)by Simfinet40,273 views
- 10:01How Money is Created and Destroyedby spectator5940,887 views
- 8:48How Money Is Created (1 of 3)by godisafrauddotcom37,257 views
- 7:02HOW MONEY WORKSby wbPROTIME88,739 views
- 17:17What Is Money?by Nielsio93,366 views
- 9:56How MONEY & BANKING Really works - Part 2 (2 of 8)by Simfinet7,610 views
- 10:32What Is Money? (1947)by TheFederalistParty29,542 views
- 2:41Money, Understanding, Basicsby WeirdRichGuy1,429 views
- 42:09Money, Banking and the Federal Reserveby misesmedia711,576 views
- 4:33The History of Moneyby neilfsmith71,089 views
- 9:25Money As Debt (1of5) (full original)by jackspratism5,198 views
- 8:57Money - A Brief History Of The American Dollar ...by JohnFromChicago123,201 views
- 4:47Lunar Jump Height Calculationby shanedk13,651 views
"What is Money?"
The root of all evil!
Oh don't look at me like that! Someone had to say it!
vspqbd 2 days ago
@vspqbd Yes, but it's amazing how many people honestly think that money is under some kind of demonic curse or something.
shanedk 2 days ago
I don't know what people's problem with gold is. I'd love to be able to trade in gold. Or to use a card (like a debit, for example) to be able to trade in ounces (or grams) of gold instead of dollars. :)
vspqbd 1 month ago
@vspqbd There was a bank a few years ago who tried that, and GovCo made them stop. It was cool, though; I've still got the card!
shanedk 1 month ago 2