Re: Fiat Money
Thats how Fiat money comes in..
Im gonna give my Trade to you..(lets say 50 bucks an hour ) Ill make $200 in 4 hours..but..thats only a fraction of what Gold I can buy at current prices.
Remember..GOLD and SILVER are the "backings" of all monies.
Im lucky in that I have a "trade" ..
I can use my trade in many ways, unlike many that are pushing paper..or selling stocks..or not doing anything but talking on the phone..
Your not really doing anything but working off other peoples works..and making $
"I say that it is easier for a camel to pass through the eye of a needle then for a rich man to get into Heaven"
hmmm..wonder why that was said ?