Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 23 hours agoAs Gold Hits New Record, Some See Warning Signs of Civilizational Collapsewww.newsweek.comexternal-linkmessage-square161fedilinkarrow-up1311arrow-down117
arrow-up1294arrow-down1external-linkAs Gold Hits New Record, Some See Warning Signs of Civilizational Collapsewww.newsweek.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 23 hours agomessage-square161fedilink
minus-squareHubertManne@piefed.sociallinkfedilinkEnglisharrow-up2·4 hours agoYeah although its actual value is basically maluablness and prettiness and non corrosion which is why its nice in jewelry and its conductive properties to some degree. Its larger value is essentially the same as fiat. Percieved value.
minus-squareSoggy@lemmy.worldlinkfedilinkEnglisharrow-up1·3 hours agoYes, but that perceived value has existed for thousands of years across many forms of civilization. Gold is a pretty safe bet. Humans like shiny.
minus-squaregandalf_der_12te@discuss.tchncs.delinkfedilinkEnglisharrow-up1·9 minutes ago Humans like shiny. guess what’s also shiny? all the advertisement that companies put out for stupid products. doesn’t that make a lot of other things just as shiny?
Yeah although its actual value is basically maluablness and prettiness and non corrosion which is why its nice in jewelry and its conductive properties to some degree. Its larger value is essentially the same as fiat. Percieved value.
Yes, but that perceived value has existed for thousands of years across many forms of civilization. Gold is a pretty safe bet. Humans like shiny.
guess what’s also shiny? all the advertisement that companies put out for stupid products. doesn’t that make a lot of other things just as shiny?