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Gold and You
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22 / F / My body lives in...
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Posted 5/1/08 , edited 8/27/08
® Why do you/people use gold? ....☺

How do you/people use it?

Stephen Girard once personally financed the War of 1812, and J.P. Morgan the Spanish-American War. Since then, American finance has become world finance, immense and too politically sensitive to entrust to bankers, even if their systems could handle the volume. Restoring control of the money supply "to the People" was what the 1913 Federal Reserve was all about. Unfortunately, the monetary system then just grew even bigger and more complex. A mistake might destroy civilization, and in 1929 it seemed it might do it right then. Instead of politicians, we think we need financial experts who never make mistakes, but unfortunately in 1929 many mistakes were made by both bankers and experts. We think we have learned a lot about the monetary system since then, and we think Nobel Prize winners have devised a workable system. For twenty years it has indeed seemed to work, because we haven't had another depression; bad inflation is what Austrians had, so they fear it most, and that's the other thing that's very bad. But inflation targeting without precious metal reserves, has not stood the test of centuries, and most people could not begin to explain it.

In summary, we grew uneasy with banker control and political control; the rest of us don't have a clue. We want a Federal Reserve Chairman who explains it to us transparently, but it nevertheless seems better if he keeps his mouth shut. Men who wear beards always look as though they are trying to hide. We need a new Chairman, but we need one with a long track record. We want a born winner, but we don't even understand the game well enough to tell if we have won.
http://en.wikipedia.org/wiki/Federal_Reserve













114154 cr points
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28 / M / in a world where...
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Posted 5/1/08
gold is one of the most valuable materials around

most likely people use it as jewlery
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27 / M / in a parallel uni...
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Posted 5/2/08
I guess gold lost it's possession value to credits and money but iy still has teh bking bling factor
Posted 5/2/08
i love the colour
31661 cr points
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26 / M / Schlaraffenland
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Posted 5/2/08
Dunno ~ but I would prefer black gold =P ...u can make more money with it ^^
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70 / M / Limbo
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Posted 5/2/08
Gold is what matters. When bills lose their value, gold will still maintain.
Posted 5/2/08
i wear it over my hands and my neck when i become a girl . ( thats impossible ) dun ask why .
2554 cr points
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27 / M / Sydney, Australia
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Posted 5/2/08 , edited 5/2/08
Gold is malleable and ductile.

I don't use it, personally.
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25 / F / around here
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Posted 5/2/08
nope i dont use it
ppl use it to make jewelry usually i guess they use it for other things but i dont know what
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77 / namimori
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Posted 5/2/08
gold gold gold.. i wish i had plenty
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22 / F / berrytopia♥
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Posted 5/2/08
because my mom makes me wear it, i used to have to wear a necklace but now i only have to wear a bracelet
Posted 5/2/08
i dont like gold it looks crap <_<; but i guess people use it for jewelry most of the time
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M / Canada
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Posted 5/2/08
Gold..

I sell it for big cash..
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27 / M / gR8 UK
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Posted 5/2/08 , edited 5/2/08
dont rely like gold much, too heavy and has no sentimental value to me -3-
burt i do value the art made from gold, stuff like gold wrought err things,
u know what i mean, hand-made jewelry thats simple but beutiful

anyone hear that gold song? sung by dwarfs world wide
goes sumthing like 'gold gold gold gold gold gold gold gold gold gold gold gold'
lol
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76 / honey honey land
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Posted 5/2/08
jade is more suited for me :O
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