Why does gold have value?

From: veg_all@xxxxxxxxx
Date: 27 Dec 2005 10:40:41 -0800

I dont understand why gold is the base for all money? It has no
practical use in society other than something that women desire. Does
this mean that a woman's desire is more valuable than steel for
example? Why wasn't steel, wood or food chosen as the base for all
money?

.

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Relevant Pages

Re: Why does gold have value?
... >>I dont understand why gold is the base for all money? ... >> practical use in society other than something that women desire. ... > Gold is expensive because it takes a lot of work to get it out of the ground. ...
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Re: Why does gold have value?
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Re: Why does gold have value?
... practical use in society other than something that women desire. ... Does this mean that a woman's desire is more valuable than steel for example? ... nobility and scarcity. ... Gold wasn't always the most valuable metal. ...
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