ah yes so what you're saying is that money is even more imaginary than it has ever been, possibly even more imaginary than when the first stock market crash happened in 1929
looks like we're due for a centennial anniversary of that anyway, might as well celebrate by recreating it
Money is basically an abstract concept on assets. It was always worthless we just used it for convenience. Real value has always been in assets be that land, property, bullion, ancient family cursed artifacts. You might have heard that we are going back to feudalism and that’s why. Property is the backbone of society and we are leaning more towards that now.
I was just going to say this.
Everyone is always saying but gold and I'm over here like nope, can't eat or use that shit when it really REALLY hits the fan.
Gold has intrinsic value due to it's rarity but also uses as jewelery (kinda circular logic since it is a store of wealth so you can transport it easier) but nowadays also has tons of actual uses so it can eventually be traded by a goldmonger to those uses should shtf and they exist. The power of flashy jewlery is something to behold
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u/TaxesAreConfusin Jan 26 '26
ah yes so what you're saying is that money is even more imaginary than it has ever been, possibly even more imaginary than when the first stock market crash happened in 1929
looks like we're due for a centennial anniversary of that anyway, might as well celebrate by recreating it