Money and Reality: Exploring Austrian Economics and The Natural Order of Money with Brad and Ira
The Meaning Code
00:00
The Purity of Gold
"Gold is money because it doesn't degrade. It has a good value density related to other things," he says. "It took an evolutionary action when you talk about what people want, and I was hearing this discussion about diamonds and water." He adds that the best way to get back to Brad's earlier point: We have more air than we do gold.
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