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BRK Q3 Results


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21 hours ago, hasilp89 said:

Thank you to hasilp89 for the link to that potvin presentation.  I've admired Ben Graham's commodities currency ideas for a long time.  Value linked to tangible assets and productive capacity -- the essence of value investing, for society as well as for business operations.  Nice to see others agree!  Details -- well, I'm not smart enough to figure that out.  But there surely are younger folks capable if we give them the tasks and older folks listen and support their efforts.  Cheers!

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Any recommendations on literature that would help to understand this better?

 

"Understanding Modern Money",  by L. Randall Wray is a good start

 

But find papers by the following authors as well:

Scott Fullwiler,

Mathew Forstater,

Stephanie Bell,

Peter Stella.

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On 11/5/2024 at 4:33 PM, Parsad said:

 

No, they won't.  But if the shit hits the fan and no one has confidence in fiat currency, they would probably start to accept it.  You can buy small micro cards of gold now online, where you can break off tiny pieces.  So it might be a 10 gram thin rectangle, and pre designed so you could break off a small 1 gram square to buy goods with...rather than carrying around troy ounces of gold to try and trade with.  Cheers!
 

https://www.herobullion.com/valcambi-100-x-1-gram-gold-combibar/?srsltid=AfmBOoroy-bG5ZOpJzZWbkc0Zk9nV8Nh-FCeQtgrCOoT0cmQ18vVj9z6


I'm not a gold bug but this is still super interesting.

 

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Edited by Blake Hampton
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