Quote from: Holliday on April 21, 2013, 03:51:13 AM

Quote from: Mike Christ on April 21, 2013, 03:50:27 AM

Quote from: Holliday on April 21, 2013, 03:46:38 AM

Quote from: Mike Christ on April 21, 2013, 03:36:41 AM

I have no idea where people got this "intrinsic value" stuff from. Something has value because we prescribe it value. That is all.

I told you already where intrinsic value comes from. Try surviving without the star we call our Sun. It has intrinsic value to us. It's essential to our survival.

Sorry, I hadn't read your post Grin

I can't think of an argument against that; however, intrinsic value when applied to gold makes little sense, which is where I often see it coupled. It has some handy qualities but nothing we couldn't live without.

I addressed gold in the same post! o_0

I'm going back to bed lol