Homestead mailing list

[Leslie <cayadopi AT yahoo.com>]

I have no argument with "gold is money".   I definitely understand the easily 
portable, divisible, limited quantity concept - as well as the moral 
philosophy behind it.
 
I have never stated gold is not money.  But there are time in history when 
other things have been used as money.
 
I'm not an historian, so I don't know the exact percentage of time that man 
has agreed to use gold as money over other items as currency, but I have read 
it often enough to accept that it is true.  I suspect percentage-wise that 
gold has been chosen more often in history than not.  

I can also understand that in a total collapse, a dark ages type collapse, 
that gold and paper currency would not have any definable value.  In other 
words under that type of collapse, that bean seeds would be more valuable as 
you can plant them and grow more beans and eat, whereas with gold you can't 
eat it.  Now as to that Dark Ages II scenario ---- I put a dark ages II out 
there at the end of the "skinny" end of probability curve.  
 
 
 
 
 
 

--- On Sun, 1/11/09, bobf <bobford79 AT yahoo.com> wrote:

From: bobf <bobford79 AT yahoo.com>
Subject: Re: [Homestead] Chinampas
To: cayadopi AT yahoo.com, homestead AT lists.ibiblio.org
Date: Sunday, January 11, 2009, 1:48 PM

I think what you are saying Leslie, is that , in this context, gold is just
another currency.  But, also, it is the ultimate currency.  When all other
currencies have fallen, it has remained.  There could be an invention to maske
undetectable syntheitc gold tomorrow, which will change evrything.  Until that
happens, having some different currencies -- USD, Yen, Swiss Francs, Gold,
Silver, are just other ways of string and transporting excess wealth which can
be used as a medium of exchange.

In prisons, in the past, cigarettes were gold -- the ultimate currency.  Since
tobacco has been outlawed, new currencies have sprung up.  Packaged mackeral 
is
now the 'currency' of choice in many fedearl prisons.  People lways need
a store of wealth and a medium of exchange.

History has long proven that for civilization, gold fits that bill better than
any other currency.  There are many reasons why, but they don't really
matter.  The fact remains "Gold is Money" .............





>From lynnw1366 AT hotmail.com  Sun Jan 11 14:46:12 2009
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> Exactly Bev, so why should 'you' be penalized so that 'I' can ride the
> train.?
>

The government (at some level) maintains miles and miles of roads in rural
areas that only a few people use, so it evens out.

Lynn Wigglesworth