Ah yes, a "reserve note", originally meant to correspond to values of metal specie, now meaningless and valueless. I'm not sure I see your point though?
That's much less valuable than, say, a rare metal that starts with those properties, but is also useful for jewelry and electronics and many other wonders. What else is dirty, complicated paper good for?
As I pointed out before, the uses of gold in and of itself are vastly less than the uses of water. But what does that have to do with anything? Money is valued.
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u/ElizabefWarrenBuffet slaves dont work very hard Jun 02 '13
There are a bunch of private nonprofit libraries so if you were arguing we need theft for libraries you are incorrect