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September 28th 08, 12:51 AM posted to rec.radio.amateur.antenna
John Smith
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First recorded activity by RadioBanter: Nov 2006
Posts: 2,915
A Sunspot
wrote:
...
The dollar is worthless and only those who have replaced these with real
objects/matter of value have any real wealth.
...
Regards,
JS
The "worth" of any medium of exchange is whatever the "worth" is
perceived to be, whether it be cash, checks, certificates of deposit,
stock certificates, money orders, bonds, gold bars, silver bars, or
shiny beads.
About the only medium of exchange that had any intrinsic value was salt.
The "value" of real objects is also whatever it is perceived to be; I
don't think my house is worth $500,000, but the housing market does.
Look up supply and demand and then tell me why diamonds are so "valuable"
and why no one is paid in salt anymore.
None of this is unique to the US, it is the way the economy works in
the modern world.
In the portion of my post, top, what didn't you understand?
Diamonds, valuable? Are you truly an idiot man? As I have pointed out,
in the past, diamonds are worth about $5 bucks a carrot; now, that is
still a bit expensive to pave your driveway with, but none the less
worthless when compared to what people (like you) THINK they are worth.
See the following and wakeup!:
http://www.wired.com/wired/archive/11.09/diamond.html
http://www.apollodiamond.com/
http://www.gemesis.com/
Diamonds are what the next wafers of microprocessors and chips will be
built on ... without a doubt, they will be cheaper in the future than
they are today, but still worthless, virtually ...
And yes, like I have pointed out, idiots who think the dollar is worth a
dollar abound! And, just ignore them starting up the presses and
printing worthless dollars ... I just wish I had a press and was allowed
such freedom! ROFLOL
Regards,
JS
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