The Righteous Investor

"His master said to him, ‘Well done, good and faithful servant; you have been faithful over a little, I will set you over much; enter into the joy of your master.'"

Day: July 25, 2011

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The dollar has no intrinsic value

Posted by Petros

1

The U.S. dollar has no intrinsic value.  O sure you could use it for wall paper like people in the past have done with other failed currencies, but it would make for a very ugly wall.

Posted in economy, politics

Tagged debt ceiling, gold, gold standard, intrinsic value

Jul·25

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