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How valuable is cash
Mon Jan 10, 2011 11:17

...when there is nothing behind it to produce energy to
perform work to keep the wheels turning?

People can work. Horses can be forced to work. Oxen can be
forced to work.

Good luck on trying to force paper money or silver or gold
or platinum to perform any work.

  • Hmmm...Uru Hammer, Mon Jan 10 10:13
    Wealth always protects itself through investment. When oil is devalued, it will invest in something else. As for those of us using cash, the value of our cash is not directly dependent on oil. Uru
    • How valuable is cash — cc, Mon Jan 10 11:17
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