General Discussion
In reply to the discussion: "Before our white brothers arrived to make us civilized men…" [View all]Veri1138
(61 posts)... also referred to as "shit of the gods" until the White Man showed up.
Gold bugs and gold-backed money enthusiasts always tout the history of gold as a currency. Well, only in geographically connected areas outside of North and South America. Gold is a certain Euro-Asian-African mental affliction. A gold-based money is also easily manipulated - just ask what the French where doing to the dollar starting after 1968 that prompted Nixon to take the dollar off the gold standard.
It has certain industrial applications. You can't eat it.
Consider that one man has 100kg of gold and you have 100kg of food. The man is starving. You are not. How much could you sell 1kg of food for? All the gold of the fool.
It is bright and shiny. People like shinies. Much like babies like baubles.