[ExI] Money and Human Nature (was Re: Capitalism, anti capitalism, emotional arousal)

Mirco Romanato painlord2k at libero.it
Sat Nov 19 08:41:07 UTC 2011


Il 18/11/2011 18:06, Kelly Anderson ha scritto:
> On Fri, Nov 18, 2011 at 9:17 AM, Mirco Romanato <painlord2k at libero.it> wrote:
>> Il 18/11/2011 08:30, The Avantguardian ha scritto:

>> Seriously, a gold backed and convertible (if it is only backed but not
>> convertible it is a joke) currency would be a limit to the power of the
>> government to meddle in the economy and spend.

> The government would just make up new tricks... they always have.

It is not a reason to let them use easier trick.
This is the reason I fear that any constitutional amendment allowing the
government to go in debts only in case of formal war declaration would
bring back the old war declarations.


>> Anyway, gold is only the commodity chosen by the market in the last
>> 5.000 years. Maybe the market will choose something different in future.
>> To know, just leave it the freedom to do so.

> I think gold, as opposed to diamonds, will have a lot of value for a
> long time. It's just too hard to make gold...

Exactly.

Mirco



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