Gold is nature’s money. Aristotle listed four characteristics of sound money: it must be durable, portable, divisible, and have intrinsic value. Gold possesses all of these characteristics, which is why gold has served as money for thousands of years. As Goldmoney founder James Turk put it in an article published by the Mises Wire: Every natural element with which the earth … Continue reading Gold Is Natural Money — Fiat Is Fake
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Gold Is Natural Money — Fiat Is Fake
Gold is nature’s money. Aristotle listed four characteristics of sound money: it must be durable, portable, divisible, and have intrinsic value. Gold possesses all of these characteristics, which is why gold has served as money for thousands of years. As Goldmoney founder James Turk put it in an article published by the Mises Wire: Every natural element with which the earth … Continue reading Gold Is Natural Money — Fiat Is Fake