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blunty gagnon
The Majority Report w/ Sam Seder
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Comments by "blunty gagnon" (@megagagnon1) on "Right Wing Libertarian Caller Really Likes Gold" video.
Zane Huseth Have you read Ron Paul's book on the gold standard? Do you even understand what it is? And don't you understand that human creatures have been living under the gold standard a heck of a lot longer that any fiat currency standard?
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Sam seems dismissive when someone talks about the inherent value of gold, yet the truth is gold has retained its intrinsic value for thousands of years, yet fiat currency always dies. The average lifespan of fiat currency is 26 years. Gold, like iron, like any commodity, has an intrinsic value. Paper money has no permanent intrinsic value, and therefore at some point becomes worthless. Sam, name the point where gold or iron becomes worthless.
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