• oo1@lemmings.world
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      4 months ago

      I don’t get it. If you have a pile of gold and there are no other people involved, how does its value change?

        • oo1@lemmings.world
          link
          fedilink
          English
          arrow-up
          3
          arrow-down
          2
          ·
          4 months ago

          OK. So more people are buying it and they are paying more. How can they afford to do this?

            • oo1@lemmings.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              4 months ago

              now i really don’t get it. Your gold is increasing in value because poor people like packaging?

              i think you’re maybe geoff bezos, except that i suspect a very small amount of his (your) assets are in gold.

    • iknowitwheniseeit@lemmynsfw.com
      link
      fedilink
      arrow-up
      2
      arrow-down
      2
      ·
      4 months ago

      Not true at all. The increase in the value of gold happens because of the decrease in the value of money. You are taking from people who don’t have extra wealth to keep lying around, and have to earn and spend cash to survive.