Ron's Take: What is Money?
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| Time | Text |
|---|---|
| And the one key question that people should ask is: What is the non-monetary utility of the money? | |
| That, like, what can gold be used for if it's not money? | |
| There's a lot of things. | |
| What about silver? | |
| A lot of things. | |
| And that's that's a question that should be answered by the market. | |
| I think it will. | |
| You don't have to preach that. | |
| Eventually, the market will find out that that's what you need in order to establish a sound monetary system. |