15 Dec 2017 9:07 am
....bill still gets at the heart of the matter at 6:40....
...btw, this video, and the ignorant comments after, exposes the 'gold bugs' as people who don't understand that all widely-used 'money' has always been 'fiat' in nature...remember, 'gold' per se was/is not 'the money'....'authorized' gold 'coins' were 'the money'...
https://www.youtube.com/watch?v=K8tD2gdvs_4
...btw, this video, and the ignorant comments after, exposes the 'gold bugs' as people who don't understand that all widely-used 'money' has always been 'fiat' in nature...remember, 'gold' per se was/is not 'the money'....'authorized' gold 'coins' were 'the money'...
https://www.youtube.com/watch?v=K8tD2gdvs_4