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To: M-cubed
it has to be accepted as a means of exchange and a convenient store of value

No, it doesn't.

52 posted on 02/02/2008 2:20:50 PM PST by RightWhale (oil--the world currency)
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To: RightWhale
No, it doesn’t.
<<...LOL...No....not to believers in Keynesian economics....Hence the reason, throughout history, “fiat money” always goes to -0- ...Did u read the article?...Do u agree with any of it?
53 posted on 02/02/2008 3:44:17 PM PST by M-cubed (Why is "Greshams Law" a law?)
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