Post
Topic
Board Economics
Re: The Real Story of Gold
by
BobK71
on 28/08/2015, 02:13:36 UTC
humans were created by star dust too, and there are a lot of theories which support crazy stories, I believe that we all are a part of a continuous random moment and we are free falling into a doom, and we complicate our lives just with thinking ourselves to be too significant. Nobody is as important as nature, not humans and not gold. Gold is a shiny object which people will kill each other over, and that's fucked up. That's the real story.

Gold's physical properties make it a good form of money, no more and no less.

Killing each other over any form of money is fucked up, I agree.  But that is part of the "capitalism" we live under.  Under this system, we have to have economic growth, or the economy implodes.  Since so much money and other financial assets are created and propped up by the authorities rather than a free capital market, if there's not enough real growth to justify the value of the assets, investors will liquidate and we're in for deflation or depression.  So, in thousands of subtle ways, the system nudges everyone to seek profit and economic growth at all cost.

So, we shouldn't be surprised to have so much pollution, unhappiness and conflict.