Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
the basis of international trade is actually the mutual agreement that money actually does represent value, and thus, wealth.

So, now, we abolish trade as well?

And your proverbial Swabian Housewife does not have the money in her basement - she has it in the bank. Where she gets decent interest. Which is practically the definition of wealth.

by cris0 on Tue Feb 14th, 2012 at 05:42:33 PM EST
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