“In the United States neither paper currency nor deposits have value as commodities. Intrinsically, as dollar, a dollar bill is just a piece of paper, deposits merely book entries…Money... derives its value from its scarcity in relation to its usefulness... Control of the quantity of money is essential if its value is to be kept stable." - Modern Money Mechanics – Federal Reserve Bank of Chicago – page 3 – Revised 6-1992" #BankScam [How dangerous is it to attach something only made value by it's scarcity, to things that are priceless and abundant?]
Posted by MalikaDulce at 2020-10-07 23:41:02 UTC