What Is, "The Dollar?"Submitted by zooamerica on Fri, 10/11/2013 - 22:04
Is the US $ a currency, or is it really just a, "product," being offered by a private, for profit business in the form of a "Federal," currency that isn't federal at all? The, "dollar," may as well be a Big Mac.
Other products are still available, such as gold, silver, and platinum...but most people prefer to pay their bills online without any physical transaction because it's a much easier process.
Precious metals are physical. They're not mental, they're metal. The, "dollar," is more mental than it is physical today. After owning a business for almost a decade now, I've listened to so many of my customers say, "I don't like to carry cash."
I don't blame them. It's not safe. If you lose your cash, or have it stolen it's gone. If you lose your credit card, your digital money can be protected with a simple phone call.
Digital money, aka, credit cards. Zeros and ones.
If you took your girlfriend out to dinner and whipped out a Visa Platinum card to pay, what would she think?
If you took your boyfriend out to dinner and whipped out 2 ounces of silver to pay, what would he think?
Money is more mental than it is physical in the 21st century.
I love Ron Paul, I love Rand too...but I think his idea of what, "money," really is - is outdated.
I hate to say it, but I'm just being honest. I know the FED sucks. I know they print "money," and digital "money," out of thin air. I know that gold is more valuable than dollars. But most people don't know that.
What else are people supposed to do? Reject paying bills online?
Go to the grocery store and demand the store clerk to accept gold coins as payment or else? Pay their cable/internet bills in person with silver on a scale? Pay their phone bills in person with silver coins? Electric, gas, and the mortgage too? That's a lot of time and gas money.
People would need to build home vaults in the same way they need heat and air conditioning if gold and silver were the primary methods of economic exchange in America today.
Go to the movies with the girl of your dreams and attempt to purchase tickets with 1 ounce of pure silver. She's all excited to go to the movie, but you don't carry cash or credit.
Good luck with that.
What is the dollar?
It's a product, and, "It's money."