Which ends up being harmful to industries which could make good use of gold... i... | Hacker News

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		duskwuff on May 31, 2011 \| parent \| context \| favorite \| on: Resources are being utterly and completely wasted ... Which ends up being harmful to industries which could make good use of gold... if it just weren't so bloody expensive.

joelthelion on May 31, 2011 [–]

In the same way the car industry harms the industries that could use all that oil we burn in our cars...

Using gold as a store of value is useful, otherwise we wouldn't do it.

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