(01-03-2022, 11:05 AM)The Real Marty Wrote:

(01-03-2022, 10:58 AM)TrivialPursuit Wrote: Gold is just a shiny metal people decided was worth something.

Money is just paper based on the Gold that country has.....

Everything of value is only of value because we as a people have deemed it so.

The first sentence is correct.  

The second sentence is not true.  Money is not based on gold.  

The third sentence is arguable.  There are a lot of things that have value for very good reasons that go way beyond people deeming it so.

...did Aliens decide they have monetary value?

The reality is - money, stocks, all that crap... is made up. Gold is the only true "real" measure of wealth as stipulated since human time began.

Yet still - it has value only because we as human beings deemed it had value.

It takes no money to mine anything, to create anything. It takes humans willing to do it. So it takes humans willing to teach it. So we needed money. So we invented it.

Oh... and I guess its just a coincidence that all the "richest" countries all have the highest gold reserves? The United States is #1 in that category by the way.

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