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A friend of mine brought up the price of gold the other day. People have been selling and buying gold like it was the California gold rush. I thought about it for a few minutes and I told her that I did not understand why people put so much worth into gold. It isn't a metal that is really used for anything except decorative purposes. You can't eat it or drink it. You can't make blankets or brush your teeth with it. She said that people would trade it for food. I was quiet for a moment again and asked her why someone who had food would trade it for gold. Wouldn't they trade it for blankets, clean water, shelter, or clothes? Wouldn't the people with the blankets, clean water, shelter or clothes trade for food? What would you do with gold? That's what I would do and I think I have some common sense. If I can't work on my car and the man down the street needed his clothes mended and we both were able to perform these tasks, wouldn't that make more sense than giving him my gold earrings (if I had any)? In the end, what does gold really offer?
Scarcity. Bigotry. Inequality. What do these values promote? How can we change these values? Who makes the wealthy rich? Why should they owe society anything? How does our economy create fairness and equality?How does our economy promote the health of our environment and the people who dwell on it? Jacque Fresco and Roxanne Meadows answer these questions in the next of our videos.
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