Re: Will the U.S. government ever have difficulty servicing its own debt?
Posted: Tue Sep 10, 2013 1:33 pm
Cool. I will respond in the other thread...Kshartle wrote:Other than minted gold and silver coins, perhaps platinum we are not really using money. There might be other acceptable forms we are not using. This would be money that we would all agree upon vs. the peices of paper that we use because we are forced to.Gumby wrote: KShartle, by your definition, we don't use any "money," today aside from minted coins. Is that what you are saying?
However as I said earlier, for purposes of our discussion we can just refer to dollars as money and gold as gold. It makes things easier since dollars are performing money's function (very poorly I might add).
This is probably better in the "what is money" thread.