[EMAIL PROTECTED] wrote:

this might be of interest.


The Color of Money - How Currency Works http://money.howstuffworks.com/currency.htm

  When you hear the word "currency," you probably think of the
  stuff in your wallet. But currency is really a very complex,
  fascinating aspect of human civilization. Especially these days,
  the value of money is utterly arbitrary -- did you know that
  there is no currency left that is actually backed by gold?
[snip]

Even better than gold or silver certificates (or the
metal itself either in ingots of coins) may be
objects that a person who is knowledgeable
recognizes as having value.

I have heard from 2 persons whose fathers
escaped going to the Nazi death camps by
giving a soldier at the embarcation
station their Patek Philippe wristwatch.
It is something of a cliche that
Rolex's are better than currency in
places where the highways are
watched over by highwaymen.

In better times, I remember when I was
young and worked in an art museum, attending
a party at the home of one of the
curators.  He surely earned less money than
my father, but his home was filled with
valuable art which he was able to acquire
thru his superior knowledge and "connections",
whereas my father's house was at about
the level of "You'll love it at Levitt's"
and everything he bought immediately
lost value....

The savvy rich purchase tomorrow's
"vintage" masterpieces and get use
value out of them while they are
appreciating in value; everybody else
consumes consumer products (a bit perversely
known as "goods").  This is as it should
be in the Christian cosmos, since to those
who have, more shall be given.

Cheers!

\brad mccormick

--
  Let your light so shine before men,
              that they may see your good works.... (Matt 5:16)

Prove all things; hold fast that which is good. (1 Thes 5:21)

<![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED]
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