New book: Debt the 1st 5000 Years.

[MertonCage]

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

[Leon]

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.