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RE: The Socialist Poverty Formula

in #socialism7 years ago

Fiat is closer to a currency than gold, yet both fall short when it comes to free unit creation, a standard of any and all standards of measurement. Gold as a store of value doesn't speak at all for gold as a unit of value, either we are talking about actual value or an abstract unit of value, a mile or a rope, a pound or a cut of beef, one's tangible the other forever abstract.