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Old 08-24-2015, 11:49 AM   #13
GERGE
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Posts: 733
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Join Date: Jun 2010
Location: Istanbul
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Quote:
Originally Posted by Turtle91 View Post
HarryT - I think he meant that your bank account is "Digital content"...there isn't any "real" money in an envolope with your name on it...it's just a digital account with other electronic content signifying how large the number is...
What he said was correct actually, but I believe he was being sarcastic.

You can easily say that money is digital content and licensed. This is not a bad analogy of our new debt centered economy. We don't use gold standard anymore, we use pure and abstract debt.

There isn't any real money anywhere, not anymore, not even if you keep the gold yourself.
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