Bitcoin Forum

Economy => Economics => Topic started by: MertonCage on July 14, 2011, 11:21:02 PM



Title: New book: Debt the 1st 5000 Years.
Post by: MertonCage on July 14, 2011, 11:21:02 PM
Debt, the 1st 5000 Years.

"What we’d now call “virtual money” preceded coinage by thousands of years, and human history has alternated back and forth between periods of virtual money, and periods dominated by gold and silver—which have also, invariably, been times of empire, war, and slavery."

http://bit.ly/oIiQWw



Title: Re: New book: Debt the 1st 5000 Years.
Post by: Leon on July 15, 2011, 01:44:58 AM
Debt, the 1st 5000 Years.

"What we’d now call “virtual money” preceded coinage by thousands of years, and human history has alternated back and forth between periods of virtual money, and periods dominated by gold and silver—which have also, invariably, been times of empire, war, and slavery."

http://bit.ly/oIiQWw



Interesting read, thanks.