Win a copy of Homegrown Linen this week in the Plant Fibers forum!
  • Post Reply Bookmark Topic Watch Topic
  • New Topic
permaculture forums growies critters building homesteading energy monies kitchen purity ungarbage community wilderness fiber arts art permaculture artisans regional education skip experiences global resources cider press projects digital market permies.com pie forums private forums all forums
this forum made possible by our volunteer staff, including ...
master stewards:
  • Anne Miller
  • Nicole Alderman
  • r ranson
  • Pearl Sutton
stewards:
  • Mike Haasl
  • paul wheaton
  • Devaka Cooray
master gardeners:
  • Steve Thorn
  • Carla Burke
  • jordan barton
  • Leigh Tate
gardeners:
  • Greg Martin
  • Jay Angler
  • thomas rubino

gold and silver

 
steward
Posts: 7926
Location: Currently in Lake Stevens, WA. Home in Spokane
320
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator

the storage mechanism can't be coins



The storage mechanism could be coins.
Unfortunately, coins have been out of circulation for many years.

Coins have an intrinsic value (as in gold or silver).
Tokens represent a value, but have no actual value.

If the world's governments began issuing coins instead of tokens, we could once again carry some value around in our pockets, instead of just 'promissory notes', which are basically IOU's from the government.

 
steward
Posts: 33553
Location: missoula, montana (zone 4)
hugelkultur trees chicken wofati bee woodworking
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
I split John's post from another thread.

I would like to dodge discussion about politics, but instead focus on investment.

I have not listened to many of Jack's shows, but I do remember one where apparently silver is wiser than gold. And, it seemed to me that junk silver may be the best.
 
Posts: 6
Location: Yorkshire, UK
3
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
That's funny, I just logged on having thought about this and was about to say that this discussion was not directly to the point of 'should permaculture profit'. Anyway, since we're here I don't disagree that silver / gold are sounder mechanisms in as much are a claim to a single piece of pie rather than a claim which others also hold ad infinitum as in credit / debit. Nonetheless my point was (as Graeber spells out so well in 'Debt') that credit between individuals in relationships is the ideal and oldest model (you say "nice shoes", I say "take them" in the knowledge that if I need something of equivalent value later which you have I can simply go over to your house and say "nice [blank]").

I will leave it at that as I don't want to incur the wrath of Pau by getting bogged down in the 'is gold money' debate.
 
keep an eye out for scorpions and black widows. But the tiny ads are safe.
19 skiddable structures microdoc - now FREE for a while
https://permies.com/t/138333/skiddable-structures-microdoc-FREE
reply
    Bookmark Topic Watch Topic
  • New Topic