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Safir Ahmed
Richard J Murphy
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Comments by "Safir Ahmed" (@safirahmed) on "You’ve got no money in the bank" video.
Precious metals and gem stones are like bank notes and coins merely tokens assigned values by those holding the debts owed to them.
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@garryallison4716 Any material taken out of the money system would be given an arbitrary valuation by the holder and anyone considering a trade for the material. For example following a major nuclear war it would be safe food and clean water that would be more valuable than gold, silver and diamonds.
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