Re: The budget deficit creates wealth

Herman Jurjus <h.jurjus@xxxxxxxxx> writes:


Agreed about the 'direct' value of the cow.
But in what sense does gold have such value, other than as a token
accepted by others as valuable?

In addition to the use values others have offered it also
has a unique value as money since it easily be tests to see
if it's been adulterated with some other element.

jmh
.

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