Is more money,really,worth more,or less?

Illusion

 When,you could,buy something,for ,a dime,one year,and,ten tears,later,have to pay,a dollar,for the same thing.Did ,the item,go up in value,did your money,go down,in value?

value

If,you had a choice,between,buying,the same product,for a dime,or a dollar,what,would,you want,pay,and why?,

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Joan King profile image

Joan King 4 years ago

I would of course want to pay the dime but it would depend a lot of a number of factors,like necessity and need or availability at the time


Qandia 2 years ago

You are the worst Joan king


someonewhoknows profile image

someonewhoknows 2 years ago from south and west of canada,north of ohio Author

I'm not sure if they have dimes in countries other than the united states but ,if they do the exchange rate would make a difference.

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    hand is quicker,than the eye!

    a magic trick,depends,on,the hand ,being quicker than the eye!

    In,the case of money,the eye,can play tricks on ,the brain,too!

    What ,appears,to be more in quanity,can,really,be less than expected value!

    Things,can really get out of hand,when,just when you think,you had,reached,a level of comfort,where your income was ,concerned.

    quicker than the eye

    what,would you rather have

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    one hundred dollars

    A hundred dollar's an hour,might sound good,but how much,do you think things,would,cost,if everyone made that?

    A hundred dollars worth of food?

    well,don't expect,much,if,you have to pay,top dollar,for food!

    I would,ask,myself,how much,I can,get,with the prices,that I would,have to pay!

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      banks and money

      If,you brought,silver coins,to your local bank,how much,would,they pay you for them?

       

      how much,would,you get?

      If,you brought a fifty dollar gold piece,minted at the us treasury,what would,you get from the bank

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      someonewhoknows profile image

      someonewhoknows 2 weeks ago from south and west of canada,north of ohio Author

      ANSWER - FACE VALUE - NO MATTER WHAT THE COMMODITY VALUE OF GOLD IS.

      You could of course sell your gold elsewhere!

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        time is money

         let's,say that you could,go back in time,to 1920 and,bought,a car,for less than ,a thousand dollars.

        Now,let's say,you used,those same thousand dollar's,what,would those same thousand dollars,would ,be worth today's dollar's?

        the value of money

        would,you be able to buy a decent car today,for the value of that same thousand dollar's

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        someonewhoknows profile image

        someonewhoknows 2 weeks ago from south and west of canada,north of ohio Author

        A thousand dollars in gold in 1920 would be worth more in 1920 then than it would be worth today due too inflation.maybe ten or twenty times more

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          gold and silver

           Gold,and,silver,keep their value,as long,as the supply,is stable!

          as far as i know we can't create gold,or silver,and if ,we could,it's value would,change,

          paper money,is illusionary,it can,go up,or down,through,manipulation,of the supply!

           

          cash or gold

          what would you rather have,and why?

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