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#72
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Quote:
Gold, silver and paper currency are the medium of exchange for the barter. You don't normally trade for gold or any other medium, because it only enables you to complete the barter for other goods and/or services. Yes, you can barter for a medium of exchange itself, but it will not lose its inherent value when exchanged for other goods and services. An easy way to look at it is: Johnny wants to trade his shoes to Jimmy for Jimmy's watch. Jimmy says "Bugger off...the watch is worth 10X what the shoes are." Johnny says "OK...I have these gold coins that other people will exchange stuff for." (Johnny got the coins from his dad's dresser drawer). Jimmy says "Sure!" and goes and exchanges the gold coins for a Mercedes Benz and a BJ. Moral of the story is, Johnny prolly plays P99 all day instead of going to school, Jimmy is from SZ, and when there's a medium of exchange, some people get screwed.
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Klaatu (RED)- Fastest Rez Click in Norrath
Klaatu (BLUE) - Eternal 51 Mage Klattu (GREEN) - Baby Cleric | |||
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Last edited by Humerox; 12-04-2010 at 12:31 AM..
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#73
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Quote:
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![]() Toyotacamry - Halfling Shitbag Rogue Rocketfish - Soon-to-be Iksar Monk | |||
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