Keith Evans
1 min readSep 12, 2019

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Well said, and I agree that Gold, or anything of that matter, gets its value because we deem it so. In fact, silver has a much better “use case” (its need in electronics) than gold while above ground silver only represents $17 billion and gold presents $7.7 trillion.

17 billion and 7.7 trillion what? Oh — — ya, dollars. lol Way to defeat your own argument. The US dollar has always been nothing more than a unit of measure, similar to an inch or pound. It gets its “backing” from the government’s ability to impose and collect tax denominated only in dollars. Grocery coupons are “currency” in that they have a denomination (dollars) and are guaranteed redeemable within criteria established by their issuer. However, don’t expect the IRS to accept them anytime soon for payment of taxes.

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Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

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